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?
Hong Kong has a progressive tax system with five tax brackets ranging from 2% on income up to HKD 50,000 to 17% on income over HKD 200,000. However, there's a maximum tax cap that limits your total tax to 15% on the first HKD 5,000,000 of net income plus 16% on any amount above that, which often results in a lower effective rate than the standard brackets would suggest. You'll also receive a basic personal allowance of HKD 132,000 that reduces your taxable income.
Do I need to pay MPF (Mandatory Provident Fund) contributions?
Yes, if you're employed in Hong Kong, you must contribute 5% of your gross income to the Mandatory Provident Fund, with a maximum contribution of HKD 18,000 per year (calculated on income up to HKD 30,000 per month). The good news is that your MPF contribution is deductible from your taxable income, which reduces the amount of income tax you owe. This makes your net take-home pay slightly higher than if MPF weren't deductible.
What's the difference between my gross salary and take-home pay in Hong Kong?
Your take-home pay is your gross salary minus income tax and your 5% MPF contribution (up to HKD 18,000 annually). For example, if you earn HKD 500,000 per year, you'd pay roughly HKD 18,000 in MPF contributions and then income tax on the remaining amount after your personal allowance is applied. The exact amount depends on which tax bracket you fall into and whether the maximum tax cap applies to your situation.
Are there any other deductions or tax relief available in Hong Kong?
The tax calculator model covers salaries tax on employment income and includes the basic personal allowance and MPF contributions. However, Hong Kong offers additional concessionary deductions not modeled here, such as voluntary health insurance scheme (VHIS) contributions, charitable donations, self-education expenses, and home loan interest relief. You may qualify for these deductions depending on your circumstances, so it's worth consulting a tax professional or the Hong Kong Inland Revenue Department for a complete picture.
Is there income tax in Hong Kong for expats or remote workers?
Yes, if you're employed in Hong Kong and your services are rendered in Hong Kong, you must pay salaries tax on your employment income. Hong Kong has no state or provincial income taxes, so there's only one income tax system to navigate. However, tax residency and the location where your work is performed matter, so expats and remote workers should verify their tax obligations based on their specific circumstances.
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