Hong Kong Budget 2022-23

On 23 February 2022, the Financial Secretary of Hong Kong announced the Budget for the fiscal year 2022-23. The forecast is that for the fiscal year 2021-22, there will be a surplus of around HKD 18.9 billion, and that the fiscal reserves are expected to be HKD 946.7 billion by 31 March 2022.

NFT Taxation Should Not Be Overlooked

The gains or profits earned from NFTs are often not insignificant. Therefore, it’s recommended to understand any crypto tax reporting requirements and the tax consequences in your specific jurisdiction.

 

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