Annuity & QDAP Tax Specialist

Hong Kong QDAP & Annuity Tax Deduction — Maximise Your Pension Relief

The Qualifying Deferred Annuity Policy (QDAP) deduction of up to HKD 60,000 per year is one of HK's most powerful individual tax reliefs — yet it is vastly underutilised. Our CPAs help you select qualifying products, maximise the deduction, and plan how annuity income is treated in retirement.

HKICPA 등록 24시간 응답 고정 수수료 제도 100% 기밀 유지
무료 상담 받기
HKD 60,000 Annual QDAP + TVC deduction cap
HKD 9,000 Annual tax saved at 15% standard rate
20%+ Of eligible taxpayers utilise QDAP

Annuity & QDAP Tax Specialist

The Qualifying Deferred Annuity Policy (QDAP) deduction of up to HKD 60,000 per year is one of HK's most powerful individual tax reliefs — yet it is vastly underutilised. Our CPAs help you select qualifying products, maximise the deduction, and plan how annuity income is treated in retirement.

⚠️

⚠ Not All Annuity Products Qualify for the QDAP Tax Deduction

The tax deduction only applies to QDAP products that have received approval from the Insurance Authority. Many annuity products sold in HK are NOT QDAPs and therefore do not qualify for the deduction. Always verify IA approval before purchasing with the intention of claiming a tax deduction. The QDAP deduction and MPF Tax Deductible Voluntary Contribution (TVC) share a combined cap of HKD 60,000.

주요 고민

다음과 같은 세무 문제로 어려움을 겪고 계신가요?

Product Eligibility Confusion

Only Insurance Authority-approved QDAPs qualify. Purchasing an unapproved annuity product in the belief it qualifies is a costly mistake.

⚠ Risk: Purchasing a non-QDAP annuity → zero tax deduction on premiums paid

QDAP vs TVC Allocation

The HKD 60,000 cap is shared between QDAP premiums and MPF Tax Deductible Voluntary Contributions. Splitting optimally between the two requires analysis of product returns and flexibility.

⚠ Risk: Suboptimal allocation → lower return or lower flexibility than possible

Surrender Charge Trap

QDAP products have surrender charges if you withdraw early. Some taxpayers claim the deduction for a year then surrender the policy — triggering clawback provisions.

⚠ Risk: Early surrender → deduction clawed back + surrender penalty

Annuity Income in Retirement

QDAP annuity payments received in retirement may be partially taxable depending on the nature of the payment. Planning this correctly minimises tax in retirement.

⚠ Risk: Unexpected tax on annuity income in retirement → cash flow shortfall
대상

이런 분께 적합합니다

Professionals aged 40–60 seeking pre-retirement savings

Those wanting to build retirement income while capturing maximum tax deductions in peak earning years.

High earners at or near the 15% standard rate

Those for whom each HKD 1 of QDAP deduction saves the full HKD 0.15 in tax.

Existing annuity holders wanting to verify deductibility

Those who purchased annuities in the past and are unsure whether they qualify as QDAPs.

MPF TVC contributors wanting to add QDAP

Those already making TVC contributions who want to understand how QDAP interacts with their TVC cap.

Those approaching the HKD 60,000 cap

Taxpayers wanting to ensure they use the full cap — neither under- nor over-contributing.

서비스 항목

서비스 내용

QDAP Product Eligibility Verification

We verify whether your existing or proposed annuity product is an approved QDAP.

Cross-checked against the Insurance Authority approved product list

QDAP + TVC Optimal Allocation

We model the optimal split between QDAP premiums and MPF TVC contributions to maximise your HKD 60,000 deduction.

Considering product flexibility, liquidity, and expected returns

Tax Deduction Claim Filing

We prepare your annual BIR60 with the QDAP/TVC deduction correctly claimed and supporting documentation.

Including QDAP payment receipt from insurer and TVC contribution statement

Multi-Year QDAP Tax Saving Projection

We model your QDAP tax savings over 10–20 years to illustrate the compounded benefit of consistent contributions.

Presented alongside after-tax retirement income projections

Retirement Annuity Income Tax Planning

We plan how your QDAP annuity income will be taxed in retirement and structure withdrawals efficiently.

Coordinating with MPF drawdown, other pension income, and personal allowances
진행 절차

간단하고, 효율적이며, 전문적인 서비스

1

Annuity & TVC Current Position Review

We review any existing QDAP policies, TVC contributions, and your current BIR60 deduction claims.

1 day
2

Optimisation Analysis

We model the optimal QDAP premium and TVC contribution for the current and future years.

1–2 days
3

Product Implementation Support

We help you select a qualifying QDAP product and confirm IA approval status.

1 week
4

Annual Deduction Claim & Review

We file the QDAP deduction each year and review your position as income and products change.

Annual
지금 시작할 준비가 되셨나요? 의무 없음 — 언제든 취소 가능
무료 상담 예약
고객 성공 사례

실제 고객을 위한 실질적인 성과

Case Study

Financial controller setting up QDAP for first time

HKD 9,000/year in tax + HKD 180,000 over 20 years 절감액
  • Annual salary HKD 900,000 (standard rate taxpayer)
  • QDAP premium HKD 60,000/year established
  • Prior years: zero QDAP deduction claimed
  • TAX.hk verified IA-approved product and set up annual claim
"I had no idea about QDAP for 6 years. TAX.hk set up my plan in 2 weeks and I now save HKD 9,000 every year automatically."
C
인증된 고객 Case Study
Case Study

Married couple — dual QDAP optimisation

HKD 18,000/year combined 절감액
  • Both spouses standard rate taxpayers
  • Husband: QDAP HKD 60,000/year
  • Wife: QDAP HKD 30,000 + TVC HKD 30,000/year
  • Combined annual saving at 15%: HKD 18,000
  • Structured to avoid TVC/QDAP cap overlap
"TAX.hk structured our combined QDAP and TVC contributions perfectly — no overlap, maximum deduction."
C
인증된 고객 Case Study
★★★★★ 2,400+ 명 이상의 고객이 저희 팀을 신뢰합니다
무료 상담 받기

무료 전문가 상담

지금 바로 세무 전문가와 상담하세요

  • 30분 무료 초기 상담
  • 시니어 CPA가 담당합니다
  • 의무 없음 — 언제든 취소 가능
HKICPA 등록 24시간 이내 응답 의무 없음

귀하의 정보는 철저히 기밀로 유지됩니다.

선택 이유

TAX.hk를 선택하는 이유

홍콩 세무 전문 지식

저희 공인회계사들은 15년 이상의 홍콩 세무 경험을 보유하고 있으며, 세무국의 최신 업데이트를 항상 파악하고 있습니다.

투명한 고정 수수료

시간당 청구로 인한 예상치 못한 비용은 없습니다. 시작 전에 비용을 명확히 안내해 드립니다.

24시간 응답

모든 문의에 1영업일 이내에 답변드립니다. 긴급한 경우 4시간 이내에 처리합니다.

철저한 기밀 유지

모든 고객 정보는 엄격한 직업적 기밀 유지 의무에 따라 관리됩니다.

자주 묻는 질문

자주 묻는 질문

궁금증에 대한 빠른 답변

A Qualifying Deferred Annuity Policy (QDAP) is an annuity product approved by the Insurance Authority of Hong Kong that meets specific requirements: the policyholder must be aged 60+ before receiving annuity payments; premiums must be paid for at least 5 years; and the annuity payout period must be at least 10 years. Only products meeting these criteria and holding IA approval qualify for the HK tax deduction.
At the 15% standard salaries tax rate, maximising the HKD 60,000 deduction saves HKD 9,000 in tax per year. Over 20 years of contributing, that is HKD 180,000 in cumulative tax savings — before considering the after-tax investment return on the deduction amount itself. For married couples, if both hold QDAPs, the combined saving is HKD 18,000/year.
Yes. The HKD 60,000 QDAP + TVC cap applies per individual taxpayer. If you and your spouse each hold separate QDAP policies and/or make TVC contributions, you can each claim up to HKD 60,000, potentially saving up to HKD 18,000/year combined at the 15% rate.
The combined QDAP + TVC cap is HKD 60,000. With HKD 30,000 already going to TVC, you have HKD 30,000 of remaining QDAP deduction capacity. We recommend structuring your QDAP premiums to exactly fill this remaining capacity, maximising the combined deduction without exceeding the cap.
This depends on the structure of the payments. Annuity payments from a QDAP that represent a return of your own capital (i.e., non-profit element) are generally not taxable as income. The profit/interest element of annuity payments may be assessable to tax. In practice, for most QDAP holders at retirement age with lower overall income, personal allowances often shelter any taxable annuity element entirely.

지금 시작할 준비가 되셨나요?

오늘 홍콩 수석 세무 전문가와 무료 상담을 예약하세요.

무료 상담 예약 담당 컨설턴트 보기
더 알아보기

관련 서비스

Retirement Tax Planning Specialist Retirees & Pre-Retirees
Personal Tax Planning Specialist Professionals & High Earners Seeking Tax Optimisation
Elderly Care Tax Specialist Taxpayers Supporting Elderly Parents or Dependants
Charitable Giving Tax Specialist Donors & Philanthropic Individuals

본 페이지는 일반적인 정보 제공만을 목적으로 합니다. 귀하의 상황에 맞는 구체적인 조언은 자격을 갖춘 홍콩 세무 전문가와 상담하시기 바랍니다.