The rates of NCA per month shall be subject to upward, downward or no adjustment after annual reviews and be continuously applicable to both current and new benefit-recipients.
Notwithstanding the above, an appointee may instead be accorded housing benefits under the Home Financing Scheme (HFS) if he/she or his/her spouse has previously enjoyed HFS before joining the University.
As regards eligible clinical appointees, Monthly Fixed-Sum Cash Allowance and Housing Subsidy may be provided.
Provision of the above-mentioned housing benefits will be subject to the relevant University regulations, including the rules on the prevention of double housing benefits, and will be subject to review by the University from time to time.
* Eligible appointees include: Assistant Professor or Research Assistant Professor or equivalent and above, and Terms of Service (A) non-teaching appointees.
a) a person’s net chargeable income (i.e. after permissible deductions and allowances) at progressive rates (from 2% to 17%); orb) his/her net income at standard rate (15% starting from 2011-12 onward).
Details can be found from the website of the Inland Revenue Department of the HKSAR Government: http://www.ird.gov.hk/
Terms of Service (HA-equivalent) - e.g. clinical academic appointees
Terms of Service (B) - e.g. executive, clerical, technical, and research appointees
Terms of Service (C) - e.g. junior appointees
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