“Regular employees” aged between 18 and 64 The amount of wage subsidies will be calculated based on 50% of the actual wages paid to each “regular employee” aged 18-64 in the “specified month”, with a wage cap at $18,000 per month. The maximum wage subsidy per employee is $9,000 per month. Employees aged 65 or above with MPF accounts, 4/8/2020 · The meeting announced the launch of a HK $ 80 billion employment insurance plan, which will provide qualified employers with a wage subsidy of 50% of the employee ’s salary, with a maximum limit for each employee. HK $ 9,000 for 6 months. China News Service reporter Qin Louyue.
6/12/2020 · The amount of subsidy for eligible employers will be calculated based on 50% of the actual wages paid to employees at a specified month (being any one month from January to March 2020 to be nominated by the employer) with a wage cap at HK$18,000 per month (i.e. the maximum subsidy is HK$9,000 per month per employee) for six months.
4/1/2020 · Not less than 80% of the subsidy for the respective months would be used for paying staff salaries. Amount and timing: Subsidy ranging from HK$250,000 to HK$2.2 million (paid in two tranches during a 6-month period). Eligibility: For licensed catering outlets selling or supplying food for consumption on their premises.
Scheme Details | Anti-epidemic fund | Employment Support …
Scheme Details | Anti-epidemic fund | Employment Support …
Government Plan To Subsidize Hong Kong Employers, Hong Kong: Subsidy payments exempt from tax The Hong Kong government on 27 May 2020 released guidance—known in English as “The Exemption From Salaries Tax and Profits Tax (Anti-epidemic Fund) Order”—to exempt from tax most payments or grants of subsidies and financial assistance given to individual and business taxpayers and made in response to the coronavirus (COVID-19) pandemic.
4/1/2020 · On 8 April 2020, the Hong Kong Government introduced a HK $80 billion Employment Support Scheme to provide wage subsidies to eligible employers to retain their employees , in return for employers undertaking not to implement redundancy. It is estimated to cover 1.5 million employees .
