Nope to cash handouts, but there's hope for tax cutsPaul Chan again played down hopes of cash handouts. SING TAO, BLOOMBERG Previous NextCharlotte LuoThe financial chief indicated that more tax cuts and rate exemptions could be on the way but again played down hopes of cash handouts in his budget next month. Paul Chan Mo-po wrote on his blog that tax reduction, rate exemptions and other measures can be considered when necessary. But he played down hopes for cash handouts or "consumption coupons" for residents. Local SMEs will be subsidized 50 percent of the participation fee for each of the 17 large-scale exhibitions, subject to a cap of HK$10,000.

Source: The Standard January 19, 2020 19:07 UTC