Is it tax deductible?

  • Updated

If you have purchased VHIS for yourself or your relatives, you can enjoy tax deduction under salaries tax and personal assessment. The maximum qualifying premiums for tax deduction is HK$8,000 per insured person per assessment year.

The actual tax deducted amount : Actual premium paid* X tax rate^


VHIS is the only medical insurance on the market that is eligible for tax deduction.

Protect your family member, at the same time, save tax!

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If you have more questions on VHIS Tax Deduction, we have prepared an article here for more information. Of course, you could seek advice from tax professionals and the IRD.

* Premiums per insured person should be equal to or under HK$8,000
^ Tax rate vary between each taxpayer
# Specified relatives include your spouse, children, grandparents, parents and sibling of the taxpayer or his/her spouse