HK MPF Self-Employed Contribution Calculator 2026/27
Calculate Hong Kong MPF (Mandatory Provident Fund) self-employed contribution for 2026/27 per the MPFA (Mandatory Provident Fund Schemes Authority). Self-employed persons aged 18-65 pay 5% of relevant income, with minimum/maximum monthly income levels HK$1,500/HK$30,000. Tax-deductible up to HK$18,000/year.
MPF Self-Employed Rules 2026/27
Self-employed persons (SEP) aged 18-65 must enroll in MPF within 60 days of becoming self-employed. Contribution: 5% of relevant income, between minimum monthly income HK$7,100 and maximum monthly income HK$30,000. Income below HK$7,100/month: no mandatory contribution (but voluntary contributions allowed). Income above HK$30,000/month: contribution capped at HK$1,500/month (HK$30K × 5%).
Payment Frequency Options
Self-employed can choose: Monthly contributions (matches typical employed). Annual contributions (single lump sum each financial year). Annual is simpler administrative — many SEP prefer this. Annual minimum: HK$1,500 (HK$7,100 × 12 × 5% — verify min based on 2026/27 income levels). Annual maximum: HK$18,000 (HK$30K × 12 × 5%).
Tax Deduction
MPF self-employed contributions are tax-deductible up to HK$18,000 per year of assessment, claimed on tax return BIR60 §6.6. Maximum deduction matches the maximum annual mandatory contribution. Voluntary contributions above this are NOT tax-deductible (use TVC — Tax-Deductible Voluntary Contributions, separate scheme up to HK$60K/yr combined with QDAP).
Withdrawal Rules
Withdrawal triggers (HK MPF Schemes Ordinance): age 65; permanent departure from HK (after declaration); death; total permanent incapacity; terminal illness (life expectancy ≤12 months); small balance (under HK$5,000, no contribution last 12 months). Self-employed: when ceasing self-employment, MPF account transfers with you to a new scheme if you become employed — no automatic withdrawal.
Sources: Mandatory Provident Fund Schemes Authority (MPFA), Mandatory Provident Fund Schemes Ordinance Cap. 485, IRD MPF Tax Deduction Guidelines. Last updated: May 2026.
Frequently Asked Questions
Who is required to make MPF self-employed contributions?
Self-employed persons aged 18-65 in Hong Kong with monthly relevant income ≥ HK$7,100. Must enroll within 60 days of becoming self-employed. Contributions: 5% of relevant income, capped at HK$30,000/month.
What is the maximum MPF self-employed contribution?
HK$1,500/month or HK$18,000/year (HK$30,000 × 5% × 12). Above the income cap of HK$30K/month, no further mandatory contribution required.
Are self-employed MPF contributions tax-deductible?
Yes — up to HK$18,000 per year of assessment, claimed on BIR60 §6.6. Matches the maximum mandatory contribution. Voluntary contributions above this cap require TVC (Tax-Deductible Voluntary Contribution) scheme for additional deduction.
Can I pay MPF annually instead of monthly?
Yes — self-employed can choose annual or monthly contributions. Annual = single lump sum each financial year, administratively simpler. Annual minimum/maximum: HK$4,260/HK$18,000 (verify based on 2026/27 income levels).
When can I withdraw MPF?
Triggers: age 65; permanent departure from HK (with declaration); death; total permanent incapacity; terminal illness; small balance <HK$5,000 with no contribution last 12 months. Self-employed → employed transition: account transfers, no automatic withdrawal.