The Inland Revenue Department (IRD) has announced on 27 May 2020 that The Exemption from Salaries Tax and Profits Tax (Anti-epidemic Fund) Order will be gazetted and takes effect on 29 May 2020 (subject to approval by Legislative Council on 3 June 2020), under which, tax exemption on Anti-epidemic Fund from the year of assessment 2019/20 will be given to both businesses and individuals. Subsidy to employers and self-employed persons under the Employment Support Scheme will be covered by the tax exemption concession.
For details, please refer to the below links:
IRD Press release
Summary of tax treatment for two rounds of measures under the Anti-epidemic Fund