The Government announced today the income and asset limits of the Working Family Allowance (WFA) Scheme with effect from April 1.

It has decided to, as a one-off measure, freeze the income limits of all types of WFA households except for four-person households.

The scheme's income limits are pegged to the median monthly domestic household income of economically active households. According to this mechanism, the income limits of all but four-person households must be tightened.

The Government considered the economic pressure faced by lower income working households amid the pandemic and consulted the Legislative Council in making the decision.

As for four-person households, the Government will adjust the income limits for them according to the mechanism.

The income limit for the full-rate allowance will remain unchanged after rounding, whereas the three-quarters-rate and half-rate allowances will be slightly relaxed.

The Government will relax the asset limits of all types of households, an adjustment based on the asset limits of public rental housing applications.

The adjusted income and asset limits will be applicable to claim from April 2022 to March 2023.

Call 2558 3000 for enquiries.