B. Deductions relating to taxable profits Last revision date: 25 February, 2020 1. What should be included under the section of Employee and/or Director's remuneration in the tax return? 2. Is there any limit on deductions for MPF contributions made by employers for their employees? 3. I made mandatory contributions of $17,500 in a year of assessment as a self-employed person. I also employed my wife in running the business and she joined the MPFS. My MPF contribution for her during the same year was $10,000. Can I claim a further de 4. After the commencement of the MPF scheme, are there any changes to the employer's responsibilities in filing the Employer's Return? 5. An employer may occasionally receive a Recovery Notice issued under Section 76(1) of the Inland Revenue Ordinance requiring him/her to deduct the employee's salary for tax payments. Should the employer fulfill this obligation under the Recovery Notice Book traversal links for B. Deductions relating to taxable profits ‹ previous Back To Top next ›