Hong Kong Tax Calculator (2026)
Income tax rates and take-home pay for Hong Kong
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Hong Kong Income Tax Brackets (2025/26)
| Bracket | Income Range | Rate |
|---|---|---|
| 0 to HKD 50,000 | HK$0 - HK$50,000 | 2.0% |
| HKD 50,000 to HKD 100,000 | HK$50,000 - HK$100,000 | 6.0% |
| HKD 100,000 to HKD 150,000 | HK$100,000 - HK$150,000 | 10.0% |
| HKD 150,000 to HKD 200,000 | HK$150,000 - HK$200,000 | 14.0% |
| Over HKD 200,000 | HK$200,000+ | 17.0% |
Personal allowance: HK$132,000
Mandatory Provident Fund (MPF)
| Bracket | Income Range | Rate |
|---|---|---|
| MPF 5% on monthly income up to HKD 30,000 | HK$0 - HK$360,000 | 5.0% |
Capped at HK$18,000 per year
Maximum Tax Cap
| Bracket | Income Range | Rate |
|---|---|---|
| Cap rate on first HKD 5,000,000 | HK$0 - HK$5,000,000 | 15.0% |
| Cap rate on income above HKD 5,000,000 | HK$5,000,000+ | 16.0% |
Key Facts
Tax Year
2025/26
Currency
HKD
Top Rate
17.0%
Brackets
5 brackets
Allowance
HK$132,000
Social Contributions
1 item
Assumptions
- · Model covers salaries tax on employment income only; profits tax and property tax excluded.
- · Personal allowance used: HKD 132,000 (basic allowance for single person).
- · MPF contributions: 5% employee contribution on income up to HKD 30,000/month (HKD 360,000/year), deductible from taxable income.
- · Maximum tax cap applies: 15% on first HKD 5,000,000 of net income + 16% on remainder, calculated without personal allowances but after other deductions.
- · No local or provincial income taxes in Hong Kong SAR.
- · Concessionary deductions (VHIS, charitable, self-education, home loan interest, etc.) not modeled in representative calculation.
- · Assumes full-year Hong Kong employment with all services rendered in Hong Kong SAR.
Frequently asked questions
How much income tax will I pay in Hong Kong as an expat?
Hong Kong has a progressive tax system with 5 brackets ranging from 2% on the first HKD 50,000 of income up to 17% on income over HKD 200,000. However, there's a maximum tax cap that limits your overall tax to 15% on the first HKD 5,000,000 of net income and 16% on anything above that, which is often lower than the standard brackets. You'll also get a basic personal allowance of HKD 132,000 that reduces your taxable income.
Do I need to pay the Mandatory Provident Fund (MPF) in Hong Kong?
Yes, as an employee in Hong Kong you must contribute 5% of your gross income to the Mandatory Provident Fund, up to a maximum of HKD 18,000 per year (capped at monthly income of HKD 30,000). The good news is that your MPF contribution is deductible from your taxable income, which effectively reduces the amount of income tax you owe.
What's the difference between my gross salary and take-home pay in Hong Kong?
Your take-home pay is reduced by your 5% MPF contribution (up to HKD 18,000 annually) and income tax based on the progressive brackets after your personal allowance is applied. The exact amount depends on your income level, but the maximum tax cap means high earners typically pay no more than 15-16% in total tax, making Hong Kong relatively tax-efficient compared to many other countries.
Are there any deductions I can claim besides the personal allowance?
The calculator models the basic personal allowance of HKD 132,000 and the mandatory 5% MPF contribution, but Hong Kong allows various other concessionary deductions not included in this representative calculation, such as voluntary health insurance (VHIS), charitable donations, self-education expenses, and home loan interest. You should consult with a tax professional or the Hong Kong Inland Revenue Department to understand which deductions apply to your specific situation.
Does Hong Kong have regional or state income taxes?
No, Hong Kong SAR has no local or provincial income taxes; the salaries tax shown in this calculator is the only employment-related income tax you'll pay. This makes Hong Kong's overall tax burden relatively straightforward for employees compared to countries with multiple levels of taxation.
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