Grace Lam
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Working remotely in UK
I employed by a Hong Kong Company and work remotely in UK. The HK employer will pay me monthly after deducing my Mandatory Provident Fund contribution (Net pay). For the foreign income filing on my taxable income, should I exclude the part of "Mandatory Provident Fund” contribution? In other words, should I filing my net pay as taxable income? The Mandatory Provident Fund, often abbreviated as MPF, is a compulsory saving scheme (pension fund) for the retirement of residents in Hong Kong. Most employees and their employers are required to contribute monthly to mandatory provident fund schemes provided by approved private organisations, according to their salaries and the period of employment. thanks.