Tricor Hong Kong Budget Summary 2018/19

Hong Kong Budget Summary 2018/19

With an estimated fiscal surplus of HK$138 billion in 2017-18, the Financial Secretary, the Hon Mr. Paul MP Chan, announced the 2018/19 Hong Kong Budget on 28 February 2018 with visions of diversifying Hong Kong’s economy, investing for the future and caring and sharing. Tricor’s Hong Kong Budget Summary 2018/19 outlines the main proposals and principal tax rates.

New data breach laws come into effect

New data breach laws come into effect

New data breach rules in effect from 22 February 2018 place an onus on business to protect and notify individuals whose personal information is involved in a data breach that is likely to result in ‘serious harm’.