Recent Updates

Rates Concession for the Financial Year 2022-23

The Financial Secretary announced in the 2022-23 Budget Speech, rates concession will be given to all ratepayers to offset the rates payable for four quarters from April 2022 to March 2023. For each domestic rateable tenement, the ceiling will be $1,500 per quarter for the first two quarters (April 2022 to September 2022) and $1,000 per quarter for the following two quarters (October 2022 to March 2023). For each non-domestic rateable tenement, the ceiling will be $5,000 per quarter for the first two quarters (April 2022 to September 2022) and $2,000 per quarter for the following two quarters (October 2022 to March 2023). No payment will be required for the quarter if the quarterly rates payable do not exceed the corresponding rates concession ceiling.

The concession does not apply to payment of Government rent.

Rates Concession for the Financial Year 2007-2008 to 2022-2023

23 February 2022