زمانه
1000001 P.R.H. 7
HONG KONG GOVERNMENT
NFORMATION SERVICES
DAILY INFORMATION
BULLETIN
(Part 1)
Wednesday, February 24, 1971
NO TAX INCREASES IN BUDGET PROPOSALS
Repeal of Two Taxes, Increases In Water Charges
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Sir John Cowperthwaite, Financial Secretary, proposed no tax
increases but the repeal of two taxes when he presented his Budget to the
Legislative Council today. Water charges, however, both for fresh and salt
water, would be raised.
The two taxes he proposed to repeal are:
Television licences, now $36 a year, to be abolished completely from April 1, 1972, but in the meantime to require renewal of expiring licences for the period between their date of expiry and March 31, 1972, at appropriately adjusted fees.
Sunday cargo working fees. This was introduced in 1891 in the hope that it would end cargo-working on Sunday. With the passing of legislation providing four rest-days a month for all workers, the original purpose has gone, and the fee is an anachronism,
Proposals for increases in fresh water charges are:
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from $2 to $3 per thousand gallons for domestic consumers.
from $2 to $4 for trade and industry.
from $3 to $4 for non-ocean-going ships.
from $5 to $7 for ocean-going ships.
/There