The Hong Kong Inland Revenue Department has issued a release announcing a reduction in the rate of interest payable on Tax Reserve Certificates with effect from 7 June 2021. --- Interest on Tax Reserve Certificates The Government Gazette published today (June 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 June 7, 2021, the new annual rate of interest will be 0.05 per cent against the current rate of 0.0833 per cent, i.e. the new rate will...