HKSAR Emblem The 2007-08 Budget The Government of the Hong Kong Special Administrative Region Brand Hong Kong
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Rates

174.     As for rates, I propose to waive rates for 2008-09, subject to a ceiling of $5,000 per quarter for each rateable tenement. It is estimated that 99 per cent of domestic properties and 85 per cent of non-domestic properties will be subject to no rates in the year. This proposal will cost the Government $11.2 billion.

 

 

 

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Last revision date : 14 May, 2008