One of the largest professional accounting bodies globally, CPA Australia, on Wednesday called on financial secretary Paul Chan Mo-po to issue another round of spending vouchers in his budget. The group said Hong Kong should reintroduce the capital investment entrant scheme, also expanding the scheme to cover Chinese nationals. The group suggested that all eligible residents could be handed HK$2,000 worth of the vouchers, while an extra HK$6,000 would be given to those less well-off. Theresa Chan, Deputy Chairperson of CPA Australia’s Taxation Committee – Greater China said Hong Kong residents were facing higher costs, particularly hurting low-income earners. The government should also consider increasing the salaries tax allowances at least in line with inflation.” Chan said.
