Profits Tax
- No change in profits tax rates
- Plan to offer tax concession on aircraft leasing and financing
- Propose extending profits tax exemption to onshore privately-offered open-ended fund companies
Salaries Tax
- No change in salaries tax rates
- Widen the marginal tax bands by 12.5% to HK$45,000
- Increase disabled dependent and dependent brother/sister allowances by 13.6%
- Increase the deduction ceiling for self-education expenses by 25%
- Extend the entitlement period for tax deduction for home loan interest from 15 to 20 years of assessment
- Examine providing a tax deduction for the purchase of regulated health insurance products
