Budget for 2013-14 – details
The Budget for 2013-14 was presented to the Legislative Council by the Financial Secretary on 27 February 2013. Details of the tax-related proposals, which unless otherwise indicated will apply from 1 April 2013 when they are enacted, are summarized below.
Direct taxation
(a) Corporate taxation
- | A 75% reduction of profits tax for the year of assessment 2012-13 was … |