Hong Kong authorities will increase the airport departure tax by 67 per cent to HK$200 (US$26) from the third quarter of 2025, as part of measures to boost revenues and tackle a deficit of HK$87.2 billion.
In his annual budget speech on Wednesday, Financial Secretary Paul Chan Mo-po also stressed that the city had no plans to introduce new taxes and would maintain the competitiveness of “a simple and low tax regime”.
