3. I am a director of a company and receive director's remuneration. Can I claim deductions for tax purposes from my MPF contributions?

3. I am a director of a company and receive director's remuneration. Can I claim deductions for tax purposes from my MPF contributions?

An executive director receiving salaries under a contract of employment is required to join a MPFS, and is entitled to a tax deduction for mandatory contributions each year. Any voluntary contributions to a MPFS are not deductible for tax purposes.