In March 2025, Hong Kong's Legislative Council passed the Revenue (Taxation) Bill 2025, announcing a one-off tax reduction of $1,00% (capped at HK$3,000) for 2025/26, and an across-the-board upward adjustment of a number of allowances from 2026/27 onwards. What does this policy adjustment mean? How should cross-border entrepreneurs grasp the window period? This article provides you with an in-depth explanation.

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