On 25 February 2015, Hong Kong's Financial Secretary John C Tsang delivered the 2015-2016 budget. The proposed tax measures in the budget include:

• A 75% reduction in salaries tax, profits tax and tax under personal assessment with a ceiling of HKD 20,000 per taxpayer for the year of assessment 2014-15 (applies for the final tax of the year only, and not to the provisional tax of the same year)…