Hà Nội promotes agricultural tourism in rural development
1.
Formula | ||
VHIS premium paid during the assessment year | X Tax Rate | = Actual Tax Deduction Amount |
Example | ||
HK$8,000 (Tax Deduction Claimable Limit ) | X 17% (Assuming the Tax Rate is 17%*) | = HK$1,360 |
| Case 1: Purchase a more expensive VHIS plan^ | Case 2: Purchase a more affordable VHIS plan^ |
Tax Deduction Claimable Limit | HK$8,000 | HK$3,372 |
Tax Deduction Amount (Assuming the Tax Rate is 17%*) | HK$8,000 x 17% = HK$1,360 | HK$3,372 x 17% = HK$607 |
Yearly Expenses (Actual Paid Premium - Tax Deduction Amount) | HK$8,000 – HK$1,360 = HK$6,640 | HK$3,372 – HK$607 =HK$2,765 |
| Case 2 | Case 2 - Family Member a | Case 2 - Family Member b | Case 2 - Family Member c |
Tax Deduction Claimable Limit | HK$3,372 | HK$4,476 | HK$1,920 | HK$2,196 |
Tax Deduction Amount (Assuming the Tax Rate is 17%*) | HK$3,372 x 17% = HK$607 | HK$4,476 x 17% = HK$761 | HK$1,920 x 17% = HK$326 | HK$2,196 x 17% = HK$373 |
Yearly Expenses (Actual Paid Premium - Tax Deduction Amount) | HK$3,372 - HK$607 = HK$2,765 | HK$4,476 - HK$761 = HK$3,715 | HK$1,920 - HK$326 = HK$1,594 | HK$2,196 - HK$373 = HK$1,823 |
The issuer is solely responsible for the content of this announcement.
The Bowtie Life Insurance Company Limited is an authorised life insurance company and Hong Kong's very first virtual insurer approved under the Fast Track pilot scheme. Through the use of modern technology and medical expertise, Bowtie offers a commission-free convenient online platform for customers to quote, apply and claim for health insurance plans certified by the Health Bureau under the Voluntary Health Insurance Scheme (VHIS).
In addition, Bowtie has also gone into everyday life by creating the One-stop Primary Care Centre