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Second instalment of consumption voucher set for Jul 16

30 May 2023

 

Additional e-vouchers of between $1k and $2k will be distributed on Jul 16

Residents who have previously registered for the consumption voucher scheme will receive their second and last instalment for the year on July 16.

This was announced by the government yesterday, May 29.

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Eligible registrants, those who are permanent residents or new arrivals from the Mainland aged 18 years old and above, received the first instalment of $3,000 on April 16 this year.

They will receive the full second instalment of $2,000 if their cumulative total “eligible spending” for the previous month has reached $3,000. Otherwise the second instalment will be disbursed depending on their cumulative spending.

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Those who registered for the first time, including students and other non-permanent residents who are eligible for a total of $2,500 consumption vouchers will only receive the 2nd instalment of $1,000 on the 16th of the following month if they spent a total of $1,500 within the specified period.

Existing registrants can change the stored value facility account for receiving the second instalment vouchers while those who do not wish to shift to other platforms need not do anything.

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The government will make use of their existing registration records to conduct eligibility checking and notify them of the result through SMS notification in early July.

If they want to change the stored value facility account, they should complete the relevant procedures through the electronic registration portal in the Scheme website (www.consumptionvoucher.gov.hk) or in person at any of the temporary service centres (nine in total) during the registration period from June 5 (Monday) to June 27 (Tuesday).

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They will receive the relevant results through SMS notifications after about one to two weeks. The addresses and opening hours of the service centres are here:  https://gia.info.gov.hk/general/202305/29/P2023052900610_420577_1_1685361500104.pdf

People may call the hotline 18 5000 to make appointments.

According to Financial Secretary Paul Chan, about 6.4 million people received the first instalment voucher in April this year, helping prop up businesses still recovering from the effects of the pandemic.

The second consumption disbursement is expected to further inject about $13 billion of purchasing power into the market.

 

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