[UPDATED] Policy Address 2021: Tax Measures and Financial Support

Published : January 20,2021

PLAN TO GUARANTEE EMPLOYMENT, STABILISE THE ECONOMY AND ENSURE QUALITY OF LIFE FOR THE POPULATION 2021

The 2021 Policy Address, presented on 16 November 2020 by Chief Executive Ho Iat Seng, bring some changes to face the economic challenges caused by the pandemic. Cumulatively, and following the two rounds of economic support measures implemented in 2020, which had positive results, the “Plan for guaranteeing employment, stabilising the economy and ensuring the quality of life of the population” was announced on 15 March 2021. In this report, C&C Lawyers & Notaries analyses and summarises the Tax Measures and Financial Support that will be made available to the population of Macau. For your convenience, we outline below what remains the same, what is no longer applicable, and what is new for the next year.

Tax Measures