The Hong Kong government has announced an extended one-year tax waiver for residents displaced by the recent deadly Tai Po fire. This measure aims to alleviate financial burdens for homeowners and residents of Wang Fuk Court, following a similar exemption granted for the previous assessment year.

Residents displaced by the deadly Tai Po fire will have their taxes waived for an additional year, the Hong Kong government has announced. In a statement on Monday, the government said homeowners and residents of Wang Fuk Court would be exempted from the final tax payable for the 2025-26 assessment year to “ease the financial burden on people affected by the fire”. The move follows a similar announcement in December, when authorities waived the final tax for 2024-25 and the provisional tax for.....