The Hong Kong Inland Revenue Department issued a release on 4 December 2020 announcing a change in the rate of interest payable on Tax Reserve Certificates with effect from 7 December 2020. --- Interest on Tax Reserve Certificates The Government Gazette published today (December 4) contains a Legal Notice to the effect that the Secretary for Financial Services and the Treasury has authorised a change in the rate of interest payable on Tax Reserve Certificates. From December 7, 2020, the new annual rate of interest will be 0.15 per cent against the current rate of 0.2 per cent, i.e. the...