The legislature yesterday passed the outline of a government-initiated bill on tax benefits for those employing disabled people.
The bill proposes a special tax reduction for those hiring disabled residents, with the aim of encouraging the employment of people with disabilities.
According to the bill, employers are eligible for a reduced tax bill for each disabled resident they employ as long as the employees hold a Disability Assessment Registration Card issued by the Social Welfare Bureau (IAS).
Secretary for Economy and Finance Lionel Leong Vai Tac (left) speaks during yesterday’s plenary session in the legislature’s hemicycle while Financial Services Bureau (DSF) Director Iong Kong Leong looks on. Photo: Tony Wong
