VHIS is more than tax deductions, be mindful of the calculation and get insured wisely
- Written by Viw Magazine
HONG KONG SAR - Media OutReach - 13 March 2023 - Voluntary Health Insurance Scheme (VHIS) policyholders are eligible to claim up to HK$8,000 for tax deduction. If we use a tax rate of 17% for calculation, the total tax deduction exceeds HK$1,300.