The MPF is a fully funded contribution system that was launched in 2000 and is mandatory for those who wish to retire in Hong Kong. The system is privately managed. Master Trust Schemes is one of the most commonMPF schemes.These accounts can be opened by employers, employees, self-employed ...
Employee’s contribution: HK$10,000*5%=HK$500 Employed for 60 days sharp: April 24th is the day when the employee has been employed for 60 days, so the MPF contribution on April shall be calculated as follows, Employer’s contribution: (April) HK$10,000*5%+ (March) $10,...
This MPF contribution process will repeat itself throughout your working life (normally until you reach 65). You will be able to withdraw the money in your MPF account when you reach 65 years old.Who should contribute? 18-65 age Full-Time or Part-time Employed for 60 days + For emp...
Timing of Contribution of MPF: As an employer, your MPF contribution should begin starting from the first day your employees are employed. For employees, however, "contribution holiday" applies so that employees are not required to make contributions for the first 30 days of employment. In terms...
MPF Contribution eMPF Maternity Leave Reimbursement of Maternity Leave Pay Learning and Traning Annual Wrap-up Tax Filing IR56B Tax Filing IR56M How to Arrange appraisal End-of-Year Payment On Termination Payment in lieu of notice SP/LSP
This is the statutory contribution stipulated by the Mandatory Provident Fund Schemes Authority (MPFA). Both employers and employees are each required to make a 5% contribution based on the employee's relevant income* every month. *Relevant income includes wages, salaries, vacation pay, fees/expense...
Beware of scams and don't provide your MPF account or other key personal information via hyperlinks embedded in suspicious messages that claim to be from Hang Seng MPF. Please also stay alert of bogus communications that pretend to be from Hang Seng MPF, e.g. fraudulent telephone calls, voice...
(強積金)行業計劃 Remittance Statement 付款結算書 (For Regular Employee Only 只適用於一般僱員 ) Contribution Due Date 供款到期日 Within the first 10 days of the month following the payroll 糧期完結後翌月之首 10 天內 Name of Plan 計劃名稱 : BCT (MPF) Industry Choice BCT(強積金)行業計劃 ...
i.) employed on a day-to-day basis or for fixed period less than 60 days; and ii.) engaged in the construction or catering industry i.) The minimum level of relevant monthly income of MPF contribution is 280 HKD per day or 7,100 HKD per month. In this case, only the employee is...
To avoid any delay in the setting up of member record and contribution settlement (if any), please read and complete all the appropriate parts below. 受託人在開立成員賬戶前,必須取得完整及有效的稅務居民身份自我證明.為避免成員賬戶開立及供款處理(如有)有任何延誤,請細閱並完成以下所有適用部 分. ...