Skip to main content

Caring for the People

Supporting Local Enterprises

  • BUD Fund: injection of $200 million
  • Raise funding ceiling for each Easy BUD application to $150,000
  • Pilot scheme by HKECIC to support SMEs in exporting to higher-risk markets
  • Waive fees of certificates issued by Centre for Food Safety for food product export for 2 years. Introduce a new unified brand for local agricultural and fisheries products

Support Measures

  • Rates concession for domestic properties for the first 2 quarters of 2026-27, subject to a $500 ceiling per quarter
  • Rates concession for non-domestic properties first 2 quarters of 2026-27, subject to a $500 ceiling per quarter
  • Reduction in salaries tax and tax under personal assessment for the assessment year 2025-26 by 100%, subject to a $3,000 ceiling
  • Reduction in profit tax for the assessment year 2025-26 by 100%, subject to a $3,000 ceiling
  • Extra 1 month allowance of standard CSSA payments, Old Age Allowance, Old Age Living Allowance or Disability Allowance. Similar arrangements for Working Family Allowance

Adjustments to Tax Allowances and Deduction Ceilings

Supporting Work Following the Tai Po Fire

  • $4 billion to support long-term housing arrangements for those affected
  • $300 million injection to URA to launch enhanced "Smart Tender" and provide subsidies for using the services
  • $3 billion to support new subsidy scheme for Operation Building Bright 2.0
  • $1 billion to extend Lift Modernisation Subsidy Scheme

Caring for the Community

  • Elderly Health Care Voucher Pilot Reward Scheme: extended to end-2028. Accumulate voucher spending of $1,000 on specific primary healthcare services in the same year and receive a $500 voucher reward. $1 billion expenditure
  • In 2026-27:
    • Residential Care Service Vouchers for the Elderly increased to 7 000, involving annual expenditure of $1.97 billion
    • Community Care Service Vouchers for the Elderly increased to 16 000, with annual expenditure of $1.2 billion
  • 3 600 short-term internship placements in government departments and public bodies for tertiary students
  • New media thematic internship programme in the Mainland for young people
  • $60 million to continue HYAB Funding Scheme for International Youth Exchange
  • 450 additional places for day, residential and pre-school rehabilitation services in 2026-27, involving an expenditure over $100 million
  • $260 million to provide bridging and support services for primary school children receiving On-site Pre-school Rehabilitation Services
  • Re-employment Allowance Pilot Scheme: provision increased to over $220 million in 2026-27

Download highlights leaflet (in PDF format)