The Hong Kong Inland Revenue Department has announced the draft bill and orders providing for the implementation of certain measures of the 2022-23 Budget, which will be introduced into the Legislative Council on 16 March 2022 --- Gazettal of Revenue (Tax Concessions) Bill 2022 The Revenue (Tax Concessions) Bill 2022 will be gazetted on March 4. The Bill seeks to implement tax concessions proposed in the 2022-23 Budget. The Budget has proposed one-off reductions of salaries tax, tax under personal assessment and profits tax for the year of assessment 2021/22 by 100 per cent, subject to a ceiling of $10,000...