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Enjoy tax savings with potential returns

Enjoy tax savings with potential returns

Open an HSBC MPF TVC account and make contributions to enjoy up to HKD60,000 tax deduction and HKD3,000 bonus unit rebates.

Investment involves risks. T&Cs apply.

To help you to save even more, we are now offering up to HKD3,0001 bonus unit rebates to you if you open a TVC account and make contribution with HSBC MPF!  (terms and conditions apply)

 

For details of the bonus rebates offers, you can click here to view the related leaflet or read the information below.

From 16 April 2022 to 31 March 2023, we will off­er you bonus unit rebates ('Basic TVC bonus') to your TVC account if you contribute TVC with HSBC MPF. The more you contribute the more you will receive.

If you are an employee of one of the 2017-18, 2018-19, 2019-20, 2020-21 or 2021-2022 MPFA Good MPF Employers on the day of opening your HSBC MPF TVC Account, your rebate amounts will be increased to 1.5 times ('Extra TVC bonus') of the rebate amount under Basic TVC bonus, so the maximum rebates for you can be up to HKD4,500 !

Detailed terms and conditions of the above offer are set out in the leaflet.

Table 1

Tier
Cumulative TVC paid / transferred to HSBC MPF during 16 April 2022 to 31 March 2023
(HKD)

Basic TVC bonus paid after reaching threshold

(HKD)

Accumulated Basic TVC bonus (HKD)

Extra TVC bonus for employee of

MPFA Good Employers (HKD)

Accumulated Basic TVC bonus & Extra

TVC bonus (HKD)

1 3,000 100 100
50 150
2 30,000 200 300
100 450
3 60,000 300 600
150 900
4 120,000 800 1,400 400 2,100
5 180,000 1,600 3,000 800 4,500

Table 1

Tier
1
Cumulative TVC paid / transferred to HSBC MPF during 16 April 2022 to 31 March 2023
(HKD)
3,000

Basic TVC bonus paid after reaching threshold

(HKD)

100

Accumulated Basic TVC bonus (HKD)

100

Extra TVC bonus for employee of

MPFA Good Employers (HKD)

50

Accumulated Basic TVC bonus & Extra

TVC bonus (HKD)

150
Tier
2
Cumulative TVC paid / transferred to HSBC MPF during 16 April 2022 to 31 March 2023
(HKD)
30,000

Basic TVC bonus paid after reaching threshold

(HKD)

200

Accumulated Basic TVC bonus (HKD)

300

Extra TVC bonus for employee of

MPFA Good Employers (HKD)

100

Accumulated Basic TVC bonus & Extra

TVC bonus (HKD)

450
Tier
3
Cumulative TVC paid / transferred to HSBC MPF during 16 April 2022 to 31 March 2023
(HKD)
60,000

Basic TVC bonus paid after reaching threshold

(HKD)

300

Accumulated Basic TVC bonus (HKD)

600

Extra TVC bonus for employee of

MPFA Good Employers (HKD)

150

Accumulated Basic TVC bonus & Extra

TVC bonus (HKD)

900
Tier
4
Cumulative TVC paid / transferred to HSBC MPF during 16 April 2022 to 31 March 2023
(HKD)
120,000

Basic TVC bonus paid after reaching threshold

(HKD)

800

Accumulated Basic TVC bonus (HKD)

1,400

Extra TVC bonus for employee of

MPFA Good Employers (HKD)

400

Accumulated Basic TVC bonus & Extra

TVC bonus (HKD)

2,100
Tier
5
Cumulative TVC paid / transferred to HSBC MPF during 16 April 2022 to 31 March 2023
(HKD)
180,000

Basic TVC bonus paid after reaching threshold

(HKD)

1,600

Accumulated Basic TVC bonus (HKD)

3,000

Extra TVC bonus for employee of

MPFA Good Employers (HKD)

800

Accumulated Basic TVC bonus & Extra

TVC bonus (HKD)

4,500

Example:

  • You make a HKD60,000 TVC contribution as a lump sum on 28 April 2022. So you will be entitled to HKD600 of rebates, which will be credited to your TVC account 3 months after your 6-month holding period that ends on 28 October 2022.
  • You then make another HKD60,000 TVC contribution as a lump sum on 5 July 2022. You will then be entitled to another HKD800 of rebates, which will be credited to your TVC account 3 months after your 6-month holding period that ends on 5 January 2023.

Remarks:

1Based on a member contributing HKD180,000 of TVC from 16 April 2022 to 31 March 2023

Important notes

  • The information contained here is for reference only and will be updated without notice. The provisions of the Mandatory Provident Fund Schemes Ordinance. Other applicable legislation/regulations and guidelines or announcements published by the Mandatory Provident Fund Schemes Authority shall prevail for any information on MPF system. If you are in doubt about the meaning or the effect of the contents of this website, you should seek independent professional advice.
  • lnvestment involves risks. Past per performance is not indicative of future performance. The value of financial instruments, in particular stocks and shares, and any income from such financial instruments, may go down as well as up. For further details including the product features and risks involved, please refer to the MPF Scheme Brochure.