Singapore vs Hong Kong: Tax Comparison
Compare income tax rates and take-home pay between Singapore and Hong Kong
You'd keep $5,144 more in Hong Kong
Hong Kong
15.0% tax
Singapore
20.2% tax
$429/mo difference
Advertisement
Side-by-side breakdown
Hong Kong
2025/26
15%
Income
Gross Salary$100,000
Basic Personal Allowance-$16,836
Mandatory MPF Contributions-$2,296
Mandatory Provident Fund (MPF)-$2,296
Taxable Income$78,572
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-$9,021
Mandatory Provident Fund (MPF)-$2,296
Maximum Tax Cap-$1,659
Total Taxes-$15,017
NET ANNUAL PAY$84,984
Per Month$7,082
Effective Rate15.0%
Singapore
2025
20%
Income
Gross Salary$100,000
Earned income relief-$785
Central Provident Fund (CPF) - Employee-$15,080
Taxable Income$84,134
Taxes & Contributions
2% band-$157
3.5% band-$275
7% band-$2,199
11.5% band-$2,450
Central Provident Fund (CPF) - Employee-$15,080
Total Taxes-$20,161
NET ANNUAL PAY$79,839
Per Month$6,653
Effective Rate20.2%
Tax rate by income level
Hong Kong
Singapore
Related comparisons
Detailed country guides
Compare all 140+ countries
See how Singapore and Hong Kong rank globally