Singapore vs Hong Kong: Tax Comparison

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

You'd keep $5,023 more in Hong Kong

Hong Kong

15.0% tax

Singapore

20.0% tax

$419/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%

Singapore

2025

20%

Income

Gross Salary$100,000
Earned income relief-$774
Central Provident Fund (CPF) - Employee-$14,869
Taxable Income$84,357

Taxes & Contributions

2% band-$155
3.5% band-$271
7% band-$2,168
11.5% band-$2,576
Central Provident Fund (CPF) - Employee-$14,869
Total Taxes-$20,039
NET ANNUAL PAY$79,961
Per Month$6,663
Effective Rate20.0%

Tax rate by income level

Hong Kong
Singapore

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