Hong KongAnnual · HKDTax-resident
Calculating…
Your package
All amounts before taxHKD
HKD
%
Hong KongHow tax works in Hong Kong
Salaries tax is the lower of two calculations. Firstly, progressive rates from 2% to 17% on net chargeable income (income after deductions and allowances). Secondly, the standard rate of 15% on net income before allowances, rising to 16% on the part above HK$5,000,000. Tax is rounded down to the dollar.
The allowances covered here are the basic allowance of HK$145,000 and the married person's allowance of HK$290,000.
Employees generally pay mandatory MPF contributions of 5% of income, deductible up to HK$18,000 a year. Those earning less than HK$7,100 a month don't contribute. Anything you put in above the mandatory amount counts as tax-deductible voluntary contributions, up to HK$60,000 a year.
Hong Kong income tax rates 2026/27
| Income (HKD) | Rate |
|---|---|
| Up to 50,000 | 2% |
| 50,001 – 100,000 | 6% |
| 100,001 – 150,000 | 10% |
| 150,001 – 200,000 | 14% |
| Over 200,000 | 17% |
| Income (HKD) | Rate |
|---|---|
| Up to 5,000,000 | 15% |
| Over 5,000,000 | 16% |
Hong Kong MPF rates 2026/27
| Monthly relevant income (HKD) | Rate |
|---|---|
| Below 7,100 | None |
| 7,100 – 30,000 | 5% |
| Above 30,000 | HK$1,500 a month (the maximum) |
Frequently asked questions
- Which tax year does this Hong Kong calculator use?
- It uses 2026/27 by default, the latest year with published rates. You can also choose 2025/26 or 2024/25.
- What is the top rate of income tax in Hong Kong?
- In 2026/27, the top progressive rate is 17%, on net chargeable income over HK$200,000, and the top standard rate is 16%, on net income over HK$5,000,000.
- Can I compare Hong Kong with another country?
- Yes. The take-home pay calculator shows up to three countries side by side on the same package, with amounts converted at ECB reference rates.