Hong Kong MPF Calculator | Self-Employed Cap & 5% Limits

Mandatory MPF generally applies from age 18 until the 65th birthday. For a monthly-paid employee, both sides usually contribute 5% of relevant income. Below HK$7,100 the employee's mandatory contribution is HK$0 while the employer still pays 5%. From HK$7,100 to HK$30,000 both pay 5%. Above HK$30,000 each side is capped at HK$1,500. A self-employed person has no employer side and pays only one 5% contribution, or HK$1,500 a month / HK$18,000 a year above the same maximum.

A self-employed person generally still has to join an MPF scheme within 60 days of becoming self-employed, even if income is below the minimum. Mandatory contributions are not required below HK$7,100 a month or HK$85,200 a year. The annual maximum relevant income is HK$360,000. Relevant income may be taken from the latest IRD notice of assessment, the basic allowance, an income declaration to the eMPF Platform, or the annual maximum. A net business loss can be declared so mandatory contributions pause. HK$7,500 is not the current MPFA minimum relevant income.

Relevant income is not only basic salary. Leave pay, commission, bonus, gratuity and some allowances can count in that contribution period. This page adds the bonus to the same period, then applies the monthly bands. It does not spread a year-end bonus across twelve months. Daily or irregular payroll uses daily limits instead.

Ordinary voluntary contributions are not automatically tax-deductible. TVC is a separate account and shares a HK$60,000 annual deduction ceiling with qualifying deferred annuity premiums. This page shows remaining room if the monthly TVC continues for a year. It does not estimate tax saved. Use the QDAP/TVC calculator for a salaries-tax comparison.

A part-time employee who has been continuously employed for 60 days or more generally has to join MPF. This page is a monthly estimate. Trustee records and the contribution period on the payslip remain decisive.