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As of 31 October 2017, there were 11,039 electric vehicles in Hong Kong, up from less than 100 in 2010. At present, 73 EV models from eight countries have been approved by the Transport Department to be eligible for the incentives. These include 51 models for private cars and motorcycles and 22 models for public transport and commercial vehicles.
Income tax rate in Hong Kong is 2% when net taxable income is from 1 to 50,000 Hong Kong dollars, 6% when net taxable income is between 50,001 and 100,000 Hong Kong dollars, 10% when net taxable income is between 100,001 and 150,000 Hong Kong dollars and 14% when net taxable income is between 150,001 and 200,000 Hong Kong dollars.
The Legislative Council in Hong Kong most recently approved the revision on the SMW rate to increase to HK$37.5 per hour, effective 1 May 2019. [63] Although the total statistics for Hong Kong show declining poverty, child poverty increased .3 percentage points from 2017 to 2018, up to a total of 23.1%, as a result of larger households due to ...
According to Denise Yue Chung-yee, 17% of working people paid 80% of the income tax of Hong Kong, i.e. households with monthly income more than HK$45,000 pay 80% of income tax of Hong Kong. Meanwhile, a significant portion of those 17% of working people were double income families.
The Minimum Wage Ordinance Cap. 608 is an ordinance enacted by the Legislative Council of Hong Kong to introduce a minimum wage in Hong Kong in July 2010. [2] The executive branch proposed a minimum wage of HK$28 (~US$3.61) per hour in November 2010, which the Legislative Council voted to accept after much debate in January 2011.
8 May: The Court of Appeal rules in favor of the Department of Justice, banning the protest song Glory to Hong Kong on national security grounds. [11] [12] 30 May: The High Court of Hong Kong convicts 14 pro-democracy activists in the biggest trial in Hong Kong involving the 2020 Hong Kong national security law. [13]
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The Employers’ Federation of Hong Kong (EFHK) (Chinese: 香港僱主聯合會) is a non-profit organisation established to represent the interests of employers, in the wake of the growing economic activities in Hong Kong right after the Second World War. [1]