HK flags Covid shock recovery handouts

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HK flags Covid shock recovery handouts
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Hong Kong will issue vouchers worth HK$5,000 (RM2,800) per person to all adults this year.

The global financial hub will issue vouchers worth HK$5,000 per person to all adults this year, half the amount issued in 2022 as Chan attempts to dial down fiscal spending with an eye on the city’s coffers.

He also flagged a reduction in salaries tax by 100%, capped at HK$6,000 , lower than the cap set for the previous budget.

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