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How Do You Calculate Your First MPF Contribution?

2011-06-28
Marcus Tang

How could new business owners work out their first MPF payment?

In 2011, HSBC offered a “first contribution calculator”: enter the employment start date and income details, and it computed the first contribution date, enrolment deadline and amounts for employer and employee. Simple and convenient for SME owners.

What about complicated cases?

Contact your scheme’s MPF officer to avoid errors; the online calculator covers straightforward cases.

Which trustee suits SMEs best?

Compare trustees and their services at MPF fund comparison.

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