Additional information useful to you

Employees are allowed to claim salaries tax deduction for their mandatory contributions, subject to a maximum deduction of HK$18,000 per tax assessment year. Contributions that are made to TVC accounts may also be eligible for tax deduction.

Accrued benefits from mandatory contributions are tax exempt while accrued benefits from voluntary contributions made by Participating Employers may be subject to tax, depending on when and how they are paid.

TVC account holders will be able to deduct the TVC paid into their TVC accounts, subject to a maximum deduction per tax assessment year as specified in the Inland Revenue Ordinance.

We recommend that you seek professional advice regarding your own particular tax circumstances.

Scheme members will receive the following documents:

1. Upon joining the Hang Seng SuperTrust Plus: this KSID, the MPF Scheme Brochure and the notice of participation; and
2. Within three months after the financial year end: member annual benefit statement.

TVC account holders will receive a TVC summary around 10 May after the end of the relevant year of tax assessment.

This KSID only provides a summary of the key information of Hang Seng SuperTrust Plus. For details of the scheme, please refer to the MPF Scheme Brochure and the master trust deed for Hang Seng SuperTrust Plus. Copies of these documents are available via the links:

The On-going Cost Illustrations, a document which illustrates the on-going costs on contributions to Constituent Funds in Hang Seng SuperTrust Plus, is available via the link:

The Fund Fact Sheet and the Monthly Fund Performance Summary provide basic information (e.g. fund performance) on individual Constituent Funds of Hang Seng SuperTrust Plus. Copies of these documents are available via the links:

To obtain the latest copy of the ‘Personal Information Collection Statement for Hang Seng Mandatory Provident Fund’, please write to the Data Protection Officer, HSBC Provident Fund Trustee (Hong Kong) Limited, c/o The Hongkong and Shanghai Banking Corporation Limited, PO Box 73770, Kowloon Central Post Office.