<< Together, We Fight the Virus! >>

The Government has announced the second round of relief measures, offering grants and subsidies targeting various affected industry under the outbreak of Coronavirus.

1.      Employment Support Scheme

• a.      Subsidies 50% wage expense, with a maximum of HK$9,000, for 6 months;
• b.      Employers must undertake that they cannot implement redundancy;
• c.      First subsidy payment is proposed to be made in June 2020;
• d.      Another one-off subsidy targeting industrial scheme and self-employed person under MPF to be provided.

2.      Subsidies and Aids for staff learning and corporate technology applications in a few specific industries;

3.      Provide one-off grants to the below “hard-hit” sectors:

• a.      Tutorial schools;
• b.      Service provides and suppliers for schools, e.g. catering and school buses;
• c.      Registered Coach and instructor of interest classes;
• d.      Private refuse collectors;
• e.      Local primary producers (e.g. farmers and fishers);
• f.       Exchange participants and SFC licensed individuals;
• g.      Estate agency;
• h.      Taxi and red minibus;
• i.       Cinemas and publishing sector;
• j.       Tourism industry;
• k.      Construction industry;
• l.       Aviation sector;
• m.    Catering sector, including Karaoke, bars/pubs, nightclubs and refreshment stalls at public markets;
• n.      Other sectors that were closed/ partly closed for safeguarding public health imposed by the Government.

4.      Enhance the SME Financing Guarantee Scheme;

5.      20% fare deduction on MTRCL;

6.      Relax the threshold of Public Transport Fare Subsidy Scheme from HK$400 to HK$200;

7.      One-off interest free deferral of loan repayment for two years to students receiving loans from the Working Family and Student Financial Assistance Agency;

8.      Extend deadline for payment of tax of assessment 2018/19 by 3 months.