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New Tax Cuts

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ORIGINAL POST
Posted by Brit 19 yrs ago
Specifically the rates waiver for 2 quarters. As I understand it for the next 2 qu's the govt will charge no rates. good news unless you are on a inclusive rent rate - which means the landlords will keep it. Might be worth a call to your landlord to see if they are feeling charitable (mine wasn't)

just wondered if anyone had had any luck with this

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COMMENTS
Claire 19 yrs ago
Ahhhh, but will you also contact your landlord when the rateable value rises?

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Brit 19 yrs ago
thats a fair point, but to be honest cutting the tax to zero is intended to benefit the avge person not the corporate landlords (mine is a multi high rise owner - so will prob get millions of $ from this)

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beachball 19 yrs ago
Brit: How long have you been in Hong Kong. Almost any economic policy measure/regulatory move in Hong Kong IS intended to benefit corporates (particularly the property developers), NOT the average person.

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Brit 19 yrs ago
i've been here plenty long enough - but dont really get your point?

are you suggesting that reducing rates to 99% of domestic residences is intended to benefit property developers?

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