On 28 February 2018, Hong Kong Financial Secretary Paul MP Chan delivered the 2018-19 Budget. The tax-related measures of the budget include:

• A reduction in the profits tax for the year of assessment 2017-18 by 75%, subject to a ceiling of HKD 30,000 (also applies for salaries tax and tax under personal assessment);
• An increase in the marginal bands for salaries tax from the current HKD 45,00…