On 9 March 2018, Hong Kong gazetted the Inland Revenue (Amendment) Bill 2018, which includes certain concessionary revenue measures proposed in the 2018-19 Budget ({News-2018-03-02/P/2-previous coverage}). These are mainly limited to individual tax measures, including new bands and rates for salaries tax, increased dependent allowances, a 75% tax reduction capped at HKD 30,000, and other changes.
According to a government release announcing the Bill, it will be introduced into the Legisla…