Budget 2026: More relief packages for taxpayers, from basic to child allowances

Hong Kong taxpayers will enjoy higher tax cuts, including the child allowance, starting in the 2026-27 fiscal year, the city’s financial minister has said. Financial Secretary Paul Chan said during his annual budget speech on Wednesday that the basic allowance and the single parent allowance would each rise by nearly 10 per cent, from HK$132,000 […]

By Irene Chan