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Tuesday, Jun 28, 2022

Hong Kong to scrap departure tax for those headed to airport via mega bridge

Hong Kong to scrap departure tax for those headed to airport via mega bridge

Incentive, which will eventually cost government HK$262 million each year, aimed at boosting city’s status as aviation hub.
Transit passengers who travel by the Hong Kong-Zhuhai-Macau Bridge to an expanded SkyPier integrated with the airport will be exempt from a HK$120 (US$15) departure tax starting next year in a government bid to boost the city’s status as an aviation hub.

The incentive will cost the government HK$172 million per year from 2025 and HK$262 million per year from 2030 in lost revenue, assuming that the tax rate remains unchanged and passenger volume predictions for the SkyPier project are accurate, according to a paper submitted to the Legislative Council by the Financial Services and Treasury Bureau on Wednesday.

“The Airport Authority is taking forward the SkyPier project at Hong Kong International Airport [HKIA], with a view to providing hassle-free travelling experience for bridge-to-air/air-to-bridge transfer passengers,” the bureau said.
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