On 23 February 2022, Hong Kong Financial Secretary Paul Chan delivered the 2022-23 Budget. Tax-related measures of the budget include: A reduction in the profits tax for the year of assessment 2021-22 by 100%, subject to a ceiling of HKD 10,000 (also applies for salaries tax and tax under personal assessment); A waiver of business registration fees for one year from 1 April 2022 to 31 March 2023; The introduction of a tax deduction for domestic rental expenses for individual taxpayers liable to salaries tax or tax charged under personal assessment who do not own any domestic property, the deduction...