You probably have considered or are thinking of changing your job. When you do, there are a few things you should consider before ending your current employment and taking on a new one.

Before you leave your current job, you shall give your employer the required length of notice for the termination of your employment contract or payment in lieu of notice. Likewise, your employer needs to do the same if he/she initiates the termination of contract. Moreover, you should check whether you are eligible for any termination payment, such as End of Year Payment, Severance Payment or Long Service Payment, and how and when such termination payment will be made to you.

• Frequently asked questions about termination of contract of employment
  http://www.labour.gov.hk/eng/faq/cap57d_whole.htm
• Frequently asked questions about end of year payment
  http://www.labour.gov.hk/eng/faq/cap57j_whole.htm
• Frequently asked questions about severance and long service payment
  http://www.labour.gov.hk/eng/faq/cap57l_whole.htm

As you move on to a new job, remember to manage your accrued benefits (including contributions and investment returns) in the MPF scheme of your previous employment.

If the service provider of the MPF scheme of your new employer is different from your previous employer's, you can choose to leave your accrued benefits in a Preserved Account with the previous MPF scheme, or transfer them to the new MPF scheme by filling in a Request for Fund Transfer Form. Moreover, the Mandatory Provident Fund Schemes Authority (MPFA) keeps a database of scheme members' preserved accounts. You can fill in request form to enquire the details of your preserved accounts.

• Managing your MPF benefits when changing jobs (including request form for preserved account details)
  http://www.mpfa.org.hk/english/abt_mpfs/abt_mpfs_fms/abt_mpfs_fms_cep/abt_mpfs_fms_cep.html
• Request for fund transfer form (pdf file)
  http://www.mpfa.org.hk/english/abt_mpfs/abt_mpfs_fms/abt_mpfs_fms_cep/files/MPFS_PM.pdf

Before the termination of your employment, your employer has to submit a notification (Form I.R. 56F) to inform the Inland Revenue Department (IRD) about the cessation of your employment and your income from the company within the year of assessment. After submitting the notification, your employer should give you a copy to assist you to complete your tax return. You should ensure that the termination payments, if any, has been correctly computed and reported in the notification. You should clarify any details with your employer in case of doubt and rectify the information if necessary.

• Tax information about termination payments
  http://www.ird.gov.hk/eng/tax/ere_ter.htm

In addition, if you have used your previous office address as the correspondence address with IRD, you should notify IRD your new correspondence address as soon as possible so that tax returns, notices of assessment and other correspondences can reach you in time.

• Ways to inform IRD of change of address
  http://www.ird.gov.hk/eng/tax/ind_nca.htm