Legislative Amendments
The following Ordinances enacted during the year were concerned with matters administered by the Department.
Revenue (No. 2) Ordinance 2001
(15 of 2001)
This Ordinance gave effect to the proposal in the 2001-02 Budget to increase
the maximum amount of the expenses of self-education deductible from assessable
income from $30,000 to $40,000.
Revenue (No. 3) Ordinance 2001
(22 of 2001)
This Ordinance gave effect to the proposal in the 2001-02 Budget to lower the
rate of stamp duty payable on stock transactions from 0.225% to 0.2% per round
transaction with effect from 1 September 2001.
Inland Revenue (Amendment) Ordinance
2001 (29 of 2001)
This Ordinance gave effect to the proposal in the 2001 Policy Address to increase
the maximum amount of home loan interest
deduction for the years of assessment 2001-02 and 2002-03 from $100,000 to $150,000.
Specification of Arrangements (Government
of The Republic of Estonia concerning Air Services) (Double Taxation) Order
(Legal Notice No. 152 of 2001)
This Order specified Article 9 of the Agreement between the Government of the
Hong Kong Special Administrative Region and the Government of the Republic of
Estonia concerning Air Services made at Tallinn on 30 April 2001 as a double
taxation relief arrangement.
Legal Notices to fix the rate of interest payable on Tax Reserve Certificates
| Legal Notice Number | Periods in force | Annual rate of interest |
|---|---|---|
| 77 of 2001 | 2 April 2001 to 1 May 2001 |
3.4875%
|
| 89 of 2001 | 2 May 2001 to 3 June 2001 |
2.9708%
|
| 124 of 2001 | 4 June 2001 to 2 July 2001 |
2.5750%
|
| 151 of 2001 | 3 July 2001 to 5 August 2001 |
2.3750%
|
| 180 of 2001 | 6 August 2001 to 2 September 2001 |
2.2500%
|
| 182 of 2001 | 3 September 2001 to 2 October 2001 |
1.8667%
|
| 193 of 2001 | 3 October 2001 to 4 November 2001 |
1.0000%
|
| 228 of 2001 | 5 November 2001 to 2 December 2001 | `````
0.6750%
|
| 254 of 2001 | 3 December 2001 to 6 January 2002 |
0.6292%
|
| 1 of 2002 | 7 January 2002 to 3 February 2002 |
0.4583%
|
| 19 of 2002 | 4 February 2002 to 3 March 2002 |
0.4500%
|
| 27 of 2002 | 4 March 2002 to 1 April 2002 |
0.5292%
|
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中文版年報 (Chinese Version)
(Last updated/reviewed : January 13, 2003)