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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.
For illustration purpose, key money of HK$60,000 paid for the tenancy from 1 April 2014 to 31 March 2016 will be assessed as: HK$60,000 for the year of assessment 2014/15 and HK$60,000 for the year of assessment 2015/16. Deductions include:
The 2021 changes resulted in a drop in the share of directly elected representatives from 50% to 22% and an increase in the overall number of seats from 70 to 90, along with the establishment of a screening committee to vet candidates. [6] The original two groups (GCs and FCs) had constitutional significance.
The White House confirmed the U.S. will impose tariffs on Canada, Mexico, and China starting Saturday. What items will cost more? What to know about Trump's tariffs on Canada, Mexico, and China
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.
The Social Security Administration is expected to announce the official COLA increase in mid-October. Overall, the U.S. Consumer Price Index rose 3.7% in August , according to BLS data released ...