Canada vs Hong Kong: Tax Comparison

Compare income tax rates and take-home pay between Canada and Hong Kong

You'd keep $13,921 more in Hong Kong

Hong Kong

15.0% tax

Canada · Ontario

28.9% tax

$1,160/mo difference

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Side-by-side breakdown

Hong Kong

2025/26

15%

Income

Gross Salary$100,000
Basic Personal Allowance-$16,820
Mandatory MPF Contributions-$2,294
Mandatory Provident Fund (MPF)-$2,294
Taxable Income$78,592

Taxes & Contributions

0 to HKD 50,000-$127
HKD 50,000 to HKD 100,000-$382
HKD 100,000 to HKD 150,000-$637
HKD 150,000 to HKD 200,000-$892
Over HKD 200,000-$9,028
Mandatory Provident Fund (MPF)-$2,294
Maximum Tax Cap-$1,660
Total Taxes-$15,021
NET ANNUAL PAY$84,979
Per Month$7,082
Effective Rate15.0%

Canada · Ontario

2025

29%

Income

Gross Salary$100,000
Canadian Pension Plan (CPP) - Enhanced portion-$549
Taxable Income$99,451

Taxes & Contributions

Federal bracket 1-$5,862
Federal bracket 2-$8,288
Federal bracket 3-$4,833
Basic Personal Amount (BPA)+$239
CPP Base Contribution Credit+$66
Ontario bracket 1-$1,831
Ontario bracket 2-$3,317
Ontario bracket 3-$3,007
Ontario Basic Personal Amount+$239
Canadian Pension Plan (CPP) - Base portion-$1,607
Employment Insurance (EI)-$739
Total Taxes-$28,942
NET ANNUAL PAY$71,058
Per Month$5,921
Effective Rate28.9%

Tax rate by income level

Canada
Hong Kong

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