Just set up your SME, hired staff, but unsure how to calculate the first MPF contribution? HSBC’s “first contribution calculator” page does it for you: enter the employment date and income details, and it computes when employer and employee contributions start, the enrolment deadline, and the mandatory contribution amounts. Simple and convenient.
What about complicated cases?
Call your dedicated MPF officer. For trickier situations, contact the MPF officer serving start-ups — safer and avoids contribution errors.
New employers’ MPF duties are explained at the MPF education centre.
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