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2024 GUM Preparation Guide for HR and A&F on Abolition of MPF Offsetting SP/LSP Arrangement

Research Highlights

Abolition of MPF Offsetting SP/LSP Arrangement — A Preparation Guide for Employers, HR, Accounting and Finance

What are the changes to the MPF offsetting mechanism?

  • Offsetable Sources?
  • Government subsidy scheme?
  • HKICPA Guideline?

What concerns should you be aware of regarding the new legislations?

  • Higher financial burden?
  • Legal, Operation, Accounting Impacts?

How can you get prepared for the changes now?

  • Action timeline?
  • Cost-Optimizing Options?
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