Review of Rating System
Progressive Rating System for Domestic Tenements
The Financial Secretary proposed in the 2024-25 Budget Speech to implement a progressive rating system for domestic tenements starting from the fourth quarter of the financial year (i.e. January to March 2025 quarter). The progressive rating system for domestic tenements has taken effect following the gazettal of the Rating (Amendment) Ordinance 2024 on 1 November 2024. Please visit the dedicated page for “Progressive Rating System for Domestic Tenements” for details.
Proposed Rates Concession Mechanism for Domestic Tenements in Future
.jpg "Proposed Rates Concession Mechanism for Domestic Tenements in Future")
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