The maximum wage subsidy per employee is $9,000 per month. The order confirms the tax treatment of the financial assistance granted under the anti-epidemic fund. If necessary, applicants are allowed to change some of the relevant information (e.g. If applicants choose a “specified month” which is different from that of the first tranche when applying for the second tranche of subsides, they should follow the instructions in the online application form to upload documents or update the relevant information (e.g. Email: enquiry@employmentsupport.hk, Application for the 2nd tranche is closed. A snapshot of individual employer’s MPF contribution data for December 2019 to March 2020 was taken on 7 May 2020, which will be used for calculating wage subsidies. HK$120 billion relief package announced in the 2020- 21Budget, the Government has launched two rounds of Anti-Epidemic Fund totaled HK$168 billion with a view to helping businesses to stay afloat and workers to The amount of wage subsidies will be calculated based on 50% of the actual wages paid to each employee in the “specified month”, with a wage cap at $18,000 per month. The order has an effective date of 29 May 2020, and will be tabled at the Legislative Council for “negative vetting” on 3 June 2020. Scanned copy of any document issued by the MPF trustees related to the “MPF SEP account” of the applicant. Monthly public transport expense threshold of the Public Transport Fare Subsidy Scheme relaxed from HK$400 to HK$200 for six months between July 2020 and December 2020. For other enquiries, please email to enquiry@employmentsupport.hk or call 1836-122 during service hours. The Hong Kong Government has issued further clarifications on its relief measures today, 16 April 2020, contained in a report titled "HKSAR Government's package of measures to support individuals and businesses affected by COVID-19" ().Of the many subsidies introduced, only two specific subsidies (as reported previously) have a requirement on employers to undertake not to implement redundancies. The Hong Kong government has announced a new HK$80 billion subsidy package to help employers retain and pay staff members. If the applicant has changed its MPF trustee, and/or MPF scheme, registration/participation number on or after 1 April 2020, the applicant should complete the relevant details in the appropriate section of the online application form, and upload the relevant MPF supporting documents (the name of the applicant must tally with the record of the MPF trustee(s), Scanned copies of the applicant’s Business Registration Certificates or other documents of the registration of other organisations (the name of the applicant must tally with the information on the Business Registration Certificates or the registration information of other organisations), Name(s) of the ORSO Scheme(s), the MPF exemption number(s) and the ORSO registration/exemption number(s), The number of eligible employees in March 2020 (For employers with employees whose wages are fully funded by the Government and have received notification letters from the relevant government departments, eligible employees are those whose wages are not fully funded by the Government. Freelancers who provide school bus services as school bus drivers, school private light bus drivers and escorts (commonly known as “nannies”) and have applied for the subsidy under the “School Bus Service Providers Subsidy Scheme” of the Education Bureau, Freelancers who are tour service coach drivers and have applied for the subsidy under “Tour Service Coach Drivers (Mainly Serving Tourists) Support Scheme” of Tourism Commission. The second round of anti-epidemic relief fund of HK137.5 billion received approval by the Finance Committee of the Legislative Council of Hong Kong on 18 April 2020. To strictly control the epidemic of coronavirus, Government of Hong Kong Special Administrative Region has imposed a 14-day compulsory quarantine on people entering Hong Kong from the Mainland (other than persons returning to Hong Kong under the Return2hk Scheme since 23 November 2020) since 8 February 2020 up to 30 September 2021. The Government announced today (December 12) that the subsidy amount of the Non-means-tested Subsidy Scheme for Self-financing Undergraduate Studies in Hong Kong (NMTSS) in the 2020/21 academic year will be adjusted upwards in accordance with the movement of the Composite Consumer Price Index. If information on the employment of employees aged 65 or above (but not their wages nor MPF contributions made for them by the employers) is shown on the employer’s MPF record certificate, the amount of wage subsidies will be calculated based on the number of such employees aged 65 or above engaged in the “specified month”, with a subsidy of $5,000 per employee per month. KPMG International and its member firms are legally distinct and separate entities. The scheme is part … The watchdog said that the new subsidy program was launched under the second round of government funding to combat pandemic impacts. GovHK - one-stop portal of the Hong Kong SAR Government ... - … A longer processing time may be required for their applications for the second tranche of subsidies. e-mail address or mobile phone number) in the online application form. Online applications for the second tranche of wage subsidies will be accepted from 31 August to 13 September 2020. (2) spend all the wage subsidies on paying wages to their employees. Besides, eligible self-employed persons who did not receive the one-off lump-sum subsidy of $7,500 under the first tranche of ESS can also make applications from 31 August to 13 September 2020. Such services are provided solely by member firms in their respective geographic areas. Employers who have received subsidies in the first tranche of ESS, Employers who make a first-time application in the second tranche of ESS/ Employers who have not received wage subsidies in the first tranche. The same principles will be adopted to provide tax exemptions if and when further relief measures are rolled out under the anti-epidemic fund. In light of the COVID-19 public health crisis, the Government of Hong Kong has taken historic measures to restore confidence and liquidity to the economy. The ESS Secretariat has generally completed processing the applications and disbursed the first tranche of subsidies, and will accept applications for the second tranche of wage subsidies starting from 31 August until 13 September 2020. Center is temporarily closed. In other words, employers may only apply for wage subsidies in respect of employees for whom default mandatory contributions (excluding surcharge) have been settled on or before 7 May 2020. $10,000 cash payout to Hong Kong permanent residents aged 18 or above Reduce salaries tax and tax under personal assessment for 2019-20 assessment year by 100%, subject to ceiling of $20,000 Waive rates of domestic properties for four quarters of … The documents must clearly indicate the name(s) of the MPF trustee(s), the names of the MPF Scheme(s), and the scheme registration/participation number(s) of the employer. The ESS Secretariat has uploaded onto the ESS website the list of employers who have received subsidies in the first tranche of ESS, the amount of wage subsidies received and their “committed headcount of paid employees”. The ESS Processing Agent will calculate the amount of wage subsidies on the basis of the number of employees and their “relevant income”7 / wages in the “specified month” as shown on the MPF record certificates of the applicants provided by the MPF trustees: If an employer has made MPF contributions for both “regular employees” aged 18-64 and employees aged 65 or above with MPF accounts, the employer must choose the same “specified month” for calculating wage subsidies in respect of all employees. from September to November 2020) was substantial, and the employer concerned fails to prove to the satisfaction of the Secretariat its intention to employ persons to replace those being laid off and/or re-employ those who have been laid off, or there is no other reasonable explanations provided for the "redundancies made” by it. The Policy Innovation and Co-ordination Office has set up a review panel to monitor the progress of cases being handled, as well as to handle and review special cases. Regarding the applications for the second tranche of subsidy, the ESS Secretariat has, through the departments concerned, reminded such government-funded organisations and government outsourced service contractors/consultants of the above eligibility criteria in writing. A monthly subsidy of $160 for the first 11 months and $240 for the 12th month will be 'credited' to each registered residential tariff electricity account on the first day of each month from January 2020 to December 2020. In light of the COVID-19 public health crisis, the Government of Hong Kong has taken historic measures to restore confidence and liquidity to the economy. Employers and employees do not need to report the sums exempted in the tax returns. In addition, applicants (whether there is a change of the “specified month” or not) are also required to input the actual wages in June and July 2020 for the eligible employees in the “designated form” for submission when applying for the second tranche of subsidies. The Government has commissioned the Hong Kong Trade Development Council to help implement the Scheme. As such, employees concerned and members of the public will be informed of the employer's receipt of subsidy. Online application for eligible self-employed persons will be accepted from 31 August to 13 September 2020, and the one-off lump sum subsidy will generally be disbursed in three to four weeks after application to the eligible self-employed persons who have provided accurate and completed information. Name and address of applicant (company/corporation/organisation/natural person), Business Registration Number or the registration of other organisations (e.g. On 24 February 2021, the Finance Secretary Paul Chan delivered the 2021-22 Budget which highlighted upcoming government initiatives to promote the establishment of and re-domiciliation of offshore funds to Hong Kong using the Hong Kong open-ended fund company structure (OFC).A subsidy of up to HK$1 million per OFC will be provided by the Hong Kong Government … Applicants can type in the application number, password and mobile phone number to logon to the application webpage to apply for the second tranche. SUPPORT ENTERPRISES. In order to be eligible for the second tranche. Please note that your account has not been verified - unverified account will be deleted 48 hours after initial registration. • Provide 75% electricity charges subsidy to non-residential accounts for 8 months with a monthly cap of $5,000. Company Registration Number, registration number under the Societies Ordinance or Education Ordinance, non-governmental organization code assigned by the Social Welfare Department, etc.) For details, please refer to the application website and the online application form. Over 23 000 applications have been approved so far, involving a total grant of $3.1 billion. Such measures have taken the form of direct subsidies for both employers and employees, individuals and bodies corporate. “Self-employed persons (SEPs)”, who have an “MPF SEP account” created on or before 31 March 2020 (i.e. An MPF account opened in the capacity of an “employee” or a “personal MPF account” in any form is not eligible. To align with the government’s latest anti-epidemic measures, Employment Support Scheme Service All rights reserved. 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