Singapore vs Hong Kong: Tax Comparison
Compare income tax rates and take-home pay between Singapore and Hong Kong
You'd keep $5,092 more in Hong Kong
Hong Kong
15.0% tax
Singapore
20.1% tax
$424/mo difference
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Side-by-side breakdown
Hong Kong
2025/26
15%
Income
Gross Salary$100,000
Basic Personal Allowance-$16,821
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%
Singapore
2025
20%
Income
Gross Salary$100,000
Earned income relief-$781
Central Provident Fund (CPF) - Employee-$14,996
Taxable Income$84,222
Taxes & Contributions
2% band-$156
3.5% band-$273
7% band-$2,187
11.5% band-$2,500
Central Provident Fund (CPF) - Employee-$14,996
Total Taxes-$20,113
NET ANNUAL PAY$79,887
Per Month$6,657
Effective Rate20.1%
Tax rate by income level
Hong Kong
Singapore
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