Canada vs Hong Kong: Tax Comparison
Compare income tax rates and take-home pay between Canada and Hong Kong
You'd keep $13,825 more in Hong Kong
Hong Kong
15.0% tax
Canada · Ontario
28.8% tax
$1,152/mo difference
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Side-by-side breakdown
Hong Kong
2025/26
15%
Income
Gross Salary$100,000
Basic Personal Allowance-$16,837
Mandatory MPF Contributions-$2,296
Mandatory Provident Fund (MPF)-$2,296
Taxable Income$78,571
Taxes & Contributions
0 to HKD 50,000-$128
HKD 50,000 to HKD 100,000-$383
HKD 100,000 to HKD 150,000-$638
HKD 150,000 to HKD 200,000-$893
Over HKD 200,000-$9,020
Mandatory Provident Fund (MPF)-$2,296
Maximum Tax Cap-$1,659
Total Taxes-$15,016
NET ANNUAL PAY$84,984
Per Month$7,082
Effective Rate15.0%
Canada · Ontario
2025
29%
Income
Gross Salary$100,000
Canadian Pension Plan (CPP) - Enhanced portion-$556
Taxable Income$99,444
Taxes & Contributions
Federal bracket 1-$5,934
Federal bracket 2-$8,390
Federal bracket 3-$4,574
Basic Personal Amount (BPA)+$242
CPP Base Contribution Credit+$66
Ontario bracket 1-$1,853
Ontario bracket 2-$3,358
Ontario bracket 3-$2,907
Ontario Basic Personal Amount+$242
Canadian Pension Plan (CPP) - Base portion-$1,627
Employment Insurance (EI)-$748
Total Taxes-$28,841
NET ANNUAL PAY$71,159
Per Month$5,930
Effective Rate28.8%
Tax rate by income level
Canada
Hong Kong
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