Top of main content

Tax Deductible Voluntary Contributions (TVC) account

Open an HSBC MPF TVC account and make TVC contributions to enjoy a maximum tax-deductible amount of HKD60,000

Enjoy tax deduction and bonus unit rebate at the same time with MPF Tax Deductible Voluntary Contributions

Save towards your retirement while enjoying a maximum tax-deductible amount of HKD60,000 with Tax Deductible Voluntary Contributions (TVC).

What's more, get a bonus unit rebate of up to HKD4,500 when you open an HSBC TVC account and make TVC accrued benefits or transfer your TVC contributions from other MPF schemes to HSBC MPF[@mpf-tvc-accrued-benefits].

Get a bonus unit rebate of up to HKD4,500

Open an HSBC MPF TVC account and make TVC contributions or transfer TVC accrued benefits from other MPF schemes to HSBC MPF[@mpf-tvc-accrued-benefits] on or before 31 March 2025 to enjoy a bonus unit rebate of up to HKD4,500.
Investment involves risks. T&Cs apply.

TVC Offer

From 14 April 2024 to 31 March 2025, you can enjoy a basic bonus unit rebate of up to HKD3,000 when you make TVC contributions with HSBC MPF or transfer TVC accrued benefits from other MPF schemes to HSBC MPF[@mpf-tvc-accrued-benefits]. The more you contribute or transfer to us, the more bonus unit rebate you will enjoy.

If you are an employee of the MPFA Good MPF Employers on the day of opening your HSBC MPF TVC account, you can enjoy extra 1.5 times of bonus unit rebate as our selected customer[@mpf-mpfa-good-employer], equivalent of a bonus unit rebate of up to HKD4,500.

Investment involves risks. T&Cs apply.

Basic customers - get a bonus unit rebate of up to HKD3,000 

Selected customers[@mpf-mpfa-good-employer] - get a bonus unit rebate of up to HKD4,500 

Key benefits

Flexible contributions

You're in charge, so you can opt to contribute as much or as little[@mpf-mincontribution] as you want, whenever you like

Invest in your own way

With TVC, you take control on how you invest your money to make the best out of it

Tax-deductible contributions

Get a maximum tax-deductible amount of up to HKD60,000 on your TVC account contributions when you report your taxable income

With the HSBC Online Banking and HK Mobile Banking app (HSBC HK App), you can manage your MPF anytime, anywhere.

Important information

Eligibility

You can enrol in a TVC account if you fall under any of the following categories:

  • You're an employee member of an MPF scheme
  • You're a self-employed member of an MPF scheme
  • You're a personal account holder of an MPF scheme
  • You're a member of an MPF-exempted ORSO scheme

 

Please note that you can only have one TVC account under an MPF scheme.

Need help?

Meet with us

Speak with our MPF specialists who will be able to address your enquiries directly.

Call us

Our hotline is open 24 hours a day, every day. But if you need to speak to a specialist, we're available between 8:30am and 7:30pm, Mondays to Fridays; between 8:30am and 1:00pm on Saturdays, except on public holidays.

HSBC MPF member hotline: +852 3128 0128

Other ways to get in touch 

Find out more

What is the processing time for enrolling in an HSBC MPF tax-deductible voluntary contribution account? 

How long will it take to change my investment mandate for existing account balance or future contributions? 

Can I make tax deduction arrangements for my voluntary contributions'? 

What is the difference between Employee Voluntary Contributions, Flexi-Contributions and TVC? 

You may also be interested in

MPF Personal Accounts

 

Consolidate your MPF Personal Accounts to HSBC MPF, and manage your MPF accounts easily through a one-stop platform that lets you manage both your MPF and bank accounts 

MPF for members

 

Explore our MPF options and find out how to manage your MPF accrued benefits easily 

Managing your personal MPF account

 

Manage your MPF needs and benefits all in one place 

 

Voluntary health insurance

 
This link will open in a new window

Our certified plans under the Voluntary Health Insurance Scheme offer comprehensive medical coverage, access to private healthcare and tax relief 

Notes

    Important information 

    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.

    Investment involves risks. Past 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(PDF).