KPMG China survey highlights and proposals

KPMG China survey highlights and proposals

A survey of over 200 senior business executives about their expectations of the Hong Kong Budget

1000

Contact us

Related content

See more
How the 2017-2018 Budget proposes to address the concerns

Increase competitiveness

Implement tax incentives for regional headquarters and extend tax exemption to onshore funds

How the 2017-2018 Budget proposes to address the concerns

Lorem ipsum dolor sit amet, consectetur adipiscing elit

Lorem ipsum dolor sit amet, consectetur adipiscing elit

Lorem ipsum dolor sit amet, consectetur adipiscing elit

Lorem ipsum dolor sit amet, consectetur adipiscing elit

See more
How the 2017-2018 Budget proposes to address the concerns

R&D

Provide a super deduction for R&D spending

Accelerated depreciationallowances on buildings and structures in the Hong Kong/Shenzhen Innovation & Technology Park

Expand the scope of deductible IP-related capital expenditure

How the 2017-2018 Budget proposes to address the concerns

Lorem ipsum dolor sit amet, consectetur adipiscing elit

Lorem ipsum dolor sit amet, consectetur adipiscing elit

Lorem ipsum dolor sit amet, consectetur adipiscing elit

Lorem ipsum dolor sit amet, consectetur adipiscing elit

See more
How the 2017-2018 Budget proposes to address the concerns

Improve standard of living

Waive the Stamp Duty payment for Hong Kong permanent residents purchasing their first residential property for their own use (with consideration <HKD 5 million)

Provide subsidies to the middle-aged for health checks

Provide tax deductions for voluntary health insurance expenses

Adjust Salaries Tax rate bands and allowances with indexation

How the 2017-2018 Budget proposes to address the concerns

Lorem ipsum dolor sit amet, consectetur adipiscing elit

Lorem ipsum dolor sit amet, consectetur adipiscing elit

Lorem ipsum dolor sit amet, consectetur adipiscing elit

Lorem ipsum dolor sit amet, consectetur adipiscing elit

See more
How the 2017-2018 Budget proposes to address the concerns

Support ageing population

Allow a super deduction for businesses employing older workers (i.e. aged 65 or above)

Provide tax deductions for voluntary MPF contributions made for oneself and a non-working spouse

How the 2017-2018 Budget proposes to address the concerns

Lorem ipsum dolor sit amet, consectetur adipiscing elit

Lorem ipsum dolor sit amet, consectetur adipiscing elit

Lorem ipsum dolor sit amet, consectetur adipiscing elit

Lorem ipsum dolor sit amet, consectetur adipiscing elit

KPMG China survey highlights and proposals looks at the key findings from our survey of over 200 senior business executives about their expectations of the 2017-2018 Hong Kong Budget. The report also includes our proposals to the government.

© 2017 KPMG Huazhen LLP — a People's Republic of China partnership, KPMG Advisory (China) Limited — a wholly foreign owned enterprise in China, and KPMG — a Hong Kong partnership, are member firms of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.

Connect with us

 

Request for proposal

 

Submit

Hong Kong Budget

Click to go back to KPMG Hong Kong Budget website.