Open a TVC account now in easy steps.
Every year, when you are filing for tax return, you probably start to seek every possible way to save on your tax. While not everyone gets to benefit from those allowances, Tax Deductible Voluntary Contributions (TVC) can be an option. You may not only enjoy tax savings but also to save more for retirement.
Reward Program
During the promotional period, customers who have submitted TVC application form on or before 31 March 2022 and have made contribution listed in the table below during each of the promotional periods, would have an opportunity to receive one-off bonus units worth up to HK$500 twice. The value of bonus units that the member is entitled to receive will be invested according to the member’s investment instruction and if no investment instruction is specified, it will be invested into the DIS, within one month of the respective Specific Cut-Off Date*, subject to the other qualifying terms and conditions set out in the related leaflet.
Asset Management
Please refer to the following table for details of the requisite contribution amount and the value of bonus units:
First promotional period - From 1 April 2021 to 31 March 2022*
Total TVC Contribution#(HK$) Value of Bonus Units Entitlement (HK$)
$60,000 or above $500
$30,000 to $59,999 $250
Second promotional period^ - From 1 April 2022 to 31 March 2023*
Total TVC Contribution#(HK$) Value of Bonus Units Entitlement (HK$)
$60,000 or above $500
$30,000 to $59,999 $250

* “Specific Cut-Off Date” means 31 March 2022 and 31 March 2023 respectively. For details, please see paragraph 3 of the terms and conditions of related leaflet.

# “Total TVC Contribution” means the TVC contributions received on or before the respective Specific Cut-Off Dates mentioned above. This may be in the form of monthly contribution or lump sum contribution. For the avoidance of doubt, “Total TVC Contribution” does not include any transfer-in benefits from the TVC account of the member in another MPF scheme for the purpose of this reward program.

^ Reward for the second promotional period will only be applicable for clients who fulfill the contribution requirements under each of the first and second promotional periods.

Terms and conditions apply, click below to see the related leaflet for more details.

Related leaflet

For details of Principal MPF Tax Deductible Voluntary Contributions Account (TVC Account),

please call our Customer Service Hotline: (852) 2827 1233

Investment involves risks. The value of the funds may go up or down. The past performance is not indicative of future performance. Your investment may suffer significant loss. There is no assurance on investment returns and you may not get back the amount originally invested. You should not invest in reliance on this marketing material alone. You should read the MPF Scheme Brochure for further details (including investment policy, risk factors, fee and charges of the Constituent Funds).

Issuer of this marketing material: Principal Trust Company (Asia) Limited