Tag Archives: China

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May 31 deadline for proposals to alter rateable values

     The Rating and Valuation Department (RVD) today (May 21) reminded the public that proposals to alter the rateable value of properties from April 1 this year must be served on the Commissioner of Rating and Valuation by May 31. Proposals served after May 31 would not be accepted.

     Proposals should be made on the specified form (R20A) and be delivered by post or in person. The public can also lodge proposals on an electronic form (e-R20A) using the Electronic Submission of Form service provided on the department’s website.  Proposals sent by fax are not acceptable.

     Notwithstanding the lodging of a proposal, rates and rent payers must pay rates and Government rent by the last day for payment shown on the demand notes. The RVD will inform the proposers of its decisions before December 1. Any changes in rates and Government rent payable resulting from such decisions will date back to April 1 this year and any overpayment will be adjusted in subsequent demands.

     For enquiries, please call 2152 0111. read more

New round of electricity charges subsidy for residential accounts to begin in June 2021

     â€‹A new round of electricity charges subsidy of $1,000 will be provided to each eligible residential electricity account from June 2021. The subsidy is one of the one-off relief measures announced by the Financial Secretary in the 2021-22 Budget to alleviate the impact of the economic downturn on the public.

     Starting from June 1, 2021, a subsidy of $80 will be credited to each residential electricity account with CLP Power Hong Kong Limited (CLP) or the Hongkong Electric Company, Limited (HK Electric) in existence on the first day of each month for 11 consecutive months, and $120 in the 12th month, making a total of $1,000.

     The credits under the new subsidy scheme, together with the unused credits provided under similar schemes in 2008, 2011, 2012, 2013 and 2020 and the relief provided under the Electricity Charges Relief Scheme, can be used for the purpose of offsetting the billed charges for electricity consumed under the account. Any unused credits can be carried forward to cover billed electricity charges under the same account until December 31, 2023, or the close of the account, whichever is earlier.

     The credits under the new subsidy scheme will be reflected in the electricity bills for residential accounts with the two electricity companies. Users may contact CLP’s Customer Service Hotline on 2678 2678 or HK Electric’s Customer Service Hotline on 2887 3411 for enquiries on account matters. More details of the new subsidy scheme can be found at www.fstb.gov.hk.

     This relief measure is expected to involve a government expenditure of about $2.8 billion and benefit over 2.7 million eligible households. read more