XN000022-1996-04-01 — Page 9

Daily Information Bulletin 新聞公報 All

8

April 12

Mr Michael Leung Commissioner,

Independent Commission Against Corruption

Mr Kwok Man-wai

Deputy Commissioner and Head of Operations

Ms Janet Wong

Director of Community Relations

Mr Chan Chi-sun

Director of Corruption Prevention (acting)

They will be accompanied by Mrs Philomena Leung, Principal Assistant Secretary for the Civil Service.

End

Concession on business registration fee exemption

Pursuant to the Public Revenue Protection (Business Registration Fees) Order 1996, the concession on business registration fee exemption proposed in the 1996 Budget has come into effect today (Monday).

"For the sale of goods, the average monthly turnover level below which businesses are exempt from payment of business registration fees and levies has been increased from $15,000 to $30,000.

"For businesses which derive profits mainly from the sale of services, the exemption level has been increased from $4,000 to $10,000 per month," a government spokesman said.

An explanatory leaflet on the exemption conditions and application procedures is available from the Inland Revenue Department and the district offices.

Similar information may also be obtained through the 24 hours telephone enquiry system of the Inland Revenue Department at 187 8088, then press "2" and "6".

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