FS Paul Chan announced that the government is stopping all the extra stamp duties in his budget speech at LegCo. The extra stamp duties, as known as “spicy” measures, include Special Stamp Duty(SSD), Buyer’s Stamp Duty(BSD) and New Residential Stamp Duty(NRSD). 2010: The first time of extra stamp tax The first time that Hong Kong … Continue reading HK Budget 2024: What are the ‘Spicy’ measures? A 13-year history of the extra stamp duties on property