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Strategic tax and HR planning in light of Hong Kong government relief for businesses [InterCham webinar]
May 22 @ 12:30 pm - 1:30 pm
Dear Members and Friends of SwissCham,
As the coronavirus continues to impact the operations of businesses, the Hong Kong Government has announced various relief measures to assist enterprises to cope with the pressure brought about by the economic downturn and alleviate their burden. As of April 8, 2020, the Government has pledged HK$287.5 billion to help offset the economic fallout from COVID-19, including the HK$120 billion relief package in the 2020-21 Budget, the first round of HK$30 billion Anti-epidemic Fund and HK$137.5 billion relief package.
During an interactive seminar on Friday, 22 May, from 12:30-1:30pm, KPMG partners Ivor Morris and Murray Sarelius will review the Hong Kong government’s relief measures under the new Hong Kong budget, as well as share their practical insights on managing tax and employment matters during turbulent times.
Topics to be covered include:
- A review of the latest Hong Kong Government’s relief measures
- What is the impact of the relief measures
- Relief to hard-hit sectors
- How tax can help you mitigate future challenges
- Interpretation of the Employment Support Scheme
- HR considerations for the non-redundancy undertaking such as eligibility, whether to seek government support, the financial impact, and operational matters
We look forward to welcoming you on Friday, May 22, and remain at your disposal should you have any further questions. The details for the connection to the webinar platform and meeting will be sent together with the registration confirmation for this event.
With best regards,
Your SwissCham Team
Mr. Murray Sarelius
Partner | National Head of People Services at KPMG China
Murray is a Tax Partner and leads KPMG’s Hong Kong and China People Services teams. Murray has over 20 years’ experience with international aspects of personal and corporate tax planning. He works extensively with businesses that are operating or investing internationally. For international businesses, his focus is on helping them to manage the expatriate and employer tax issues associated with an internationally mobile workforce, including international executive remuneration, employee share schemes and international tax planning for employment and investment. He also acts as regional lead partner on several significant People Services engagements that require co-ordination of compliance work and advice across the region. For individuals, including founders and owners of international businesses, the focus is more personal. He works with start-up and high growth businesses, high net worth individuals, family offices and family businesses on matters such as tax and estate planning, succession planning and the management of tax risks across an international portfolio of businesses, and the implications of family members relocating to different tax jurisdictions.
Mr. Ivor Morris
Partner | Tax at KPMG China
Ivor Morris joined KPMG’s Hong Kong office in 2009 and became a tax partner in 2017. Ivor has extensive experience of advising international clients in Hong Kong on their corporate tax matters. He works with a number of shipping and leasing companies advising on their Hong Kong tax matters, as well as many multinational groups on cross-border related matters. Ivor received his Master degree in Arts from the University of Cambridge. He is a fellow member of the Institute of Chartered Accountants in England and Wales and serves on a number of industry and charity bodies.
Date: 22 May 2020 (Friday)
Time: 12:30pm – 1:30pm (Hong Kong Time)
SwissChamHK Members: Free
Non-Members: HKD 140
MORE INFORMATION & REGISTRATION
Please register and send us your questions to firstname.lastname@example.org until Thursday May 21.
In case you need to cancel your attendance to the event, please write an email to email@example.com at least 24 hours prior to the event. Failure to cancel your RSVP timely will require the payment of a “no show bill” of the full amount stated in this invitation. You can reach us as well by phone: +852 25240590.