Mandatory Provident Fund Schemes Authority (MPFA) • Cap. 485

Hong Kong MPF (Mandatory Provident Fund) Calculator

Calculate mandatory and voluntary MPF contributions for employees and employers under the MPF Schemes Ordinance (Cap. 485). Features statutory minimum/maximum income thresholds (HK$7,100 and HK$30,000) and Salaries Tax deduction savings.

Income & Contribution Parameters

Total Monthly MPF Inflow (Employee + Employer)
HK$2,500
Net Take-Home Pay : HK$23,750 / month (after HK$1,250 mandatory deduction)
Employee Mandatory (5%) :
HK$1,250 / month
Employer Mandatory (5%) :
HK$1,250 / month
Annual IRD Tax Deduction :
HK$15,000 / year
Statutory Monthly Ceiling :
HK$1,500 max cap

Statutory MPF Contribution Schedule

Category Employee Employer
Mandatory Statutory (5%) HK$1,250 HK$1,250
Voluntary Contributions HK$0 HK$0
Total Contribution Inflow HK$1,250 HK$1,250
Annual Cumulative Retirement Asset × 12 Months HK$30,000 / yr
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Audited & Standardized by Engr. Muhammad Shahzad

Chartered Systems Engineer, specialist in legal engineering and financial computation automation. Verified compliant with Hong Kong Inland Revenue Department guidelines, MPFA statutory requirements, and Stamp Duty Ordinance provisions.

Frequently Asked Questions & Hong Kong Statutory Provisions

What are the statutory contribution rates and income levels under the MPF system? ▼

Under Cap. 485, both employee and employer must each contribute 5% of the employee's relevant monthly income to a registered MPF scheme. For monthly income below HK$7,100 (minimum level), the employee contributes 0% while the employer must still contribute 5%. For monthly income between HK$7,100 and HK$30,000, both contribute 5%. For monthly income above HK$30,000 (maximum level), contributions are capped at HK$1,500 per month each.

What constitutes 'Relevant Income' for MPF calculation purposes? ▼

Relevant income includes wages, salaries, leave pay, fees, commissions, bonuses, gratuities, perquisites, and allowances. It excludes statutory severance payments and long service payments paid under the Employment Ordinance.

How much can employees deduct for MPF contributions on their Salaries Tax return? ▼

Employees can claim a statutory tax deduction for their mandatory MPF contributions under Section 26G of the Inland Revenue Ordinance, up to an annual maximum limit of HK$18,000 (i.e. HK$1,500 × 12 months) per year of assessment.

What is the contribution rules for self-employed persons (SEPs)? ▼

Self-employed persons must also enroll in an MPF scheme and contribute 5% of their relevant income, subject to the same minimum (HK$7,100/mo or HK$85,200/yr) and maximum (HK$30,000/mo or HK$360,000/yr) thresholds, paying either monthly or annually.

When can MPF accrued benefits be withdrawn? ▼

MPF accrued benefits can generally only be withdrawn when the scheme member reaches the statutory retirement age of 65. Early withdrawal is permitted only under strict statutory conditions: early retirement at age 60, permanent departure from Hong Kong, total incapacity, terminal illness, or small balance account.

Official Statutory Tool for Hong Kong SAR • Compliant with IRD, MPFA, Rating & Valuation Department Regulations • Zero external telemetry.

📊 Hong Kong Inland Revenue Department (IRD) & MPF Matrix

Statutory Component / Legal Deduction Item Calculated Amount (HKD)
Primary Net / Statutory Payable Amount HK$ 0.00
MS

Engr. Muhammad Shahzad

Principal Financial Systems Architect & Hong Kong Special Administrative Region Fiscal Systems Architect

Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.

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