Singapore vs Hong Kong: Tax Comparison
Compare income tax rates and take-home pay between Singapore and Hong Kong
You'd keep $5,034 more in Hong Kong
Hong Kong
15.0% tax
Singapore
20.1% 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-$16,839
Mandatory MPF Contributions-$2,296
Mandatory Provident Fund (MPF)-$2,296
Taxable Income$78,569
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-$9,019
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-$775
Central Provident Fund (CPF) - Employee-$14,886
Taxable Income$84,339
Taxes & Contributions
2% band-$155
3.5% band-$271
7% band-$2,171
11.5% band-$2,566
Central Provident Fund (CPF) - Employee-$14,886
Total Taxes-$20,049
NET ANNUAL PAY$79,951
Per Month$6,663
Effective Rate20.1%
Tax rate by income level
Hong Kong
Singapore
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