Tax Loan
Selected customers who drawdown Tax Loan successfully, can enjoy 0% e-Cash Revolving Loan^ for the first year.
  • Simple application with HKID Card & Tax Demand Note only

Mr Ho is a teacher of a secondary school in Tsuen Wan with a monthly salary of HK$60,000. He will save up some money for salaries tax payment every month. However, his family member has been admitted to hospital unexpectedly and he has to spend much of his savings. While Mr Ho started to worry about the salaries tax payment, he read about UA Tax Loan program from newspaper and knew that the application procedure is simple. All you need is a notice for payment of salaries tax. Thus, Mr Ho brought the relevant documents to UA for application and got approval of HK$102,000 tax loan. UA has helped to pay the salaries tax on his behalf directly to Inland Revenue Department and he didn’t need to worry anymore. “Thanks UA for helping me on the salaries tax and they have offered an e-Cash Revolving Loan^ of HK$50,000 for my future unexpected use. As long as I don’t have any withdrawal, no interest will be charged.” Mr Ho said happily.

Mr Yu works in a stock trading company with basic salary of HK$370,000 a month. He always spends much for his client on social activities and has not prepared any savings for salaries tax. Last year, Mr Yu forgot to pay the salaries tax which resulted in a surcharge. Luckily, he has applied for UA Tax Loan to help on his salaries tax.

Mr Yu’s application was approved with HK$780,000 loan amount for the salaries tax payment. And now he doesn’t have to worry about the payment and can concentrate more on his work.

Mr Ho's Financial Profile

Monthly Salary HK$60,000
Salaries Tax HK$102,000
UA Tax Loan Amount HK$102,000 + HK$50,000 e-Cash Revolving Loan^
Repayment Terms 1 year

Mr Yu's Financial Profile

Monthly Salary HK$370,000
Salaries Tax HK$780,000
UA Tax Loan Amount HK$780,000
Repayment Terms 1.5 years

^Selected customers refer to new customers who do not have any loan account at our company or customers whose loan account at our company has been settled for more than 3 months. The maximum credit limit of 0% e-Cash Revolving Loan for the first year is $200,000 or 50% of respective tax loan amount (whichever is lower). In accordance with the loan agreement, customers are obliged to repay the principal on time, otherwise customers may be liable for the respective finance charge and/or late charge. In addition, the account annual fee will be charged after the waiver in first year.


Key Facts Statement for Installment Loan:

  1. The minimum and maximum repayment period is 3 months and 60 months respectively.
  2. The maximum annual percentage rate is 48%.
  3. A representative example of total cost for a loan below is for reference only:
    • Loan amount: HK$10,000
    • Monthly installment of HK$1,815 for 6 months
    • Interest rate: 2.5% per month
    • Annual percentage rate: 30%
    • Total repayment amount: HK$10,890