The Federation is writing to bring your urgent attention to a concerning development regarding the treatment of the new Hotel Accommodation Tax in commission calculations by certain online platforms.
I am writing today regarding an important update on the HAT the Federation received yesterday
The new Valuation List and Government Rent Roll are declared by the Commissioner of Rating and Valuation in the month of March and made available for public inspection thereafter up to 31 May of the year in which the List and the Rent Rill come into force. Any person who is aggrieved by an entry in the Valuation List
On 15 April 2024, we had the privilege of meeting with the Deputy Financial Secretary, Mr Michael Wong; Secretary for Culture, Sports and Tourism, Mr Kevin Yeung; Commissioner for Tourism, Ms Vivian Sum, the Executive Director of the Hong Kong Tourism Board, Mr Dane Cheng and his team. Our Federation was led by our Vice Chairman, Ms Belinda Yeung and Management Committee Member Ms Paddy Lui. The Hon Perry Yiu played a crucial role convening this important dialogue between the tourism trades and the government.
In his 2024-25 Budget Speech, the Financial Secretary proposed to re-impose the Hotel Accommodation Tax (HAT). Under the proposal, the rate of HAT will be adjusted from the current rate of 0% to the rate of 3% with effect from 1 January 2025.