23

·

WEDNESDAY, JUNE 24, 1987

FOR

CHINESE

HE DESCRIBED THE PATTERN

WAS "SIMILAR IN THAT THERE WAS A DROP IN STANDARDS IN PRIMARY SCHOOLS IN THE MID-1970's".

THE LOWEST POINT WAS REACHED IN 1981 IN PRIMARY FOUR TO SIX, FOLLOWED BY AN IMPROVEMENT DURING THE MID-1980'S, HE SAID.

HE ADDED THAT A DECLINE IN STANDARDS IN SECONDARY THREE ENGLISH AND CHINESE CLASSES BETWEEN 1979 AND 1981 HAD BEEN ARRESTED AND SINCE 1983 SOME IMPROVEMENT HAD BEEN SHOWN.

NO SPECIAL CONCESSION FOR SALARIES TAX PAYERS OVER 60

ENJOY TAX ADVANTAGES SINCE PERSONS AGED 60 OR OVER DO NOT LIABILITY TO PAY DIRECT TAX IN HONG KONG IS BASED ON THE PRINCIPLE OF ABILITY TO PAY WHICH IS DETERMINED BY THE LEVEL OF A PERSON'S

ACTING FINANCIAL SECRETARY, AGE, RATHER THAN NENDICK, TOLD THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).

THE

THE HON

INCOME, DAVID

IN REPLY TO A QUESTION BY THE HON

KONG'S GRADUATED SALARIES

THE

TAXPAYING

CHAN YING-LUN, MR NENDICK TAX RATES WERE DESIGNED TO ABILITIES OF

AND INDIVIDUALS

SAID HONG DIFFERENTIATE BETWEEN FAMILIES WITH DIFFERENT INCOMES.

"BECAUSE IT IS THE LEVEL OF A PERSON'S INCOME, RATHER THAN AGE,

BR NO THAT DETERMINES THE PERSON'S ABILITY TO PAY, THERE APPEARS TO

PERSON AGED

OR MORE SHOULD ENJOY A TAX REASON WHY A ADVANTAGE OVER A PERSON AGED LESS THAN 60 YEARS."

60 YEARS

THE TAX ON WHETHER CONSIDERATION WOULD BE GIVEN TO INCREASING

SAID NENDICK

THAT PERSONS AGED 60 ALLOWANCES FOR THE ELDERLY, MR

ALLOWANCES YEARS OR MORE ARE ENTITLED TO THE SAME PERSONAL AND FAMILY AVAILABLE TO ALL TAXPAYERS.

INCOMES GENERALLY HAVE NO

11

"ACCORDINGLY, AGED PERSONS ON LOW LIABILITY TO TAX.

HOWEVER,

HE POINTED OUT THAT THE

ΤΟ INCREASED ALLOWANCE WAS MOST RECENTLY

ASSESSMENT COMMENCING APRIL 1, 1986.

1

©

BASIC $9,000 FOR

DEPENDENT

PARENT

THE YEAR OF

/24

C

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