Income and Asset Limits
Income and Total Net Asset Limits (Effective from 1 April 2020)
Income and Total Net Asset Limits for Non-Related Elderly Households (Effective from 1 April 2020)
|Remarks:||(1)||The amount of statutory contribution to the Mandatory Provident Fund or Provident Fund Scheme can be deducted when making income declaration.|
|(2)||If all member(s) of a family is/are elderly person(s) of age 60 or above, the total net asset limit for the family will double the amount as shown in the above table
(i.e. the total net asset limits for elderly families with 1-person to 10-person or above are $532,000, $720,000, $938,000, $1,096,000, $1,218,000, $1,318,000, $1,406,000, $1,474,000, $1,630,000 and $1,756,000).