What is the Letter of Release from the IRD? Moreover, under what circumstances do I need to apply for it? (I am a Permanent Resident)
It seems when you apply for your MPF to be returned to you because of permanent departure from HK you need the above letter. However, the application form for the MPF refund states the Letter of Release may not be necessary.
If you have actual experience, I would be very happy to read your response. Thank you
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My ex girlfriend got her MPF when she left Hong Kong and she didn't require a letter of release and had no problems receiving her money. It is better if you get it though, sometimes when you leave an employer because you are leaving Hong Kong permanently, they may withold outstanding salary payments to you in lieu of outstanding tax bills that may be present.
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So if I have already left my employer and all payments have been made to me, then this letter is no longer relevant. My previous employer cannot withold any payments as I have been fully paid out.
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Well I don't see how it would be relevant, I don't know of any other uses for the letter other than ensuring you receive any outstanding payments from your employer. It is not advisable to do a runner on your tax bill though, eventually they catch up with you, though it does take a few years. What will happen is they issue a departure prevention directive against you if you fail to pay any outstanding tax, which means you can enter Hong Kong, but you will not be allowed to leave until the outstanding amount is paid. Which is fine if you plan on never coming back, or coming back and not leaving ever again.
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I reckon the release may be required depending on who your MPF provider is, my girlfriend did not require it and she was with BOC, so you should check with them first
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Thank you to those who took the time to offer such constructive advice
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leghk
17 yrs ago
Just sorting mine out - manulife require letter to release MPF.
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