Income tax calculator Hong Kong
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 100,620
MPF
- $ 5,031
Total tax
- $ 5,031
Net pay
*
$ 95,589
Marginal tax rate
5.0%
Average tax rate
5.0%
95.0%
Net pay
5.0%
Total tax
Total tax
Net pay
The Taxberg
$ 95,589
Net pay
$ 5,031
Tax the employer pays
$ 5,031
Tax you pay
Total tax paid
$ 10,062
Did you know your employer also pays tax on your salary? It costs the employer $ 5,031 to pay you $ 100,620. In other words, every time you spend $ 10 of your hard-earned money, $ 1 goes to the government.
Real tax rate
9.5%
So, with you and the employer both paying tax, what used to be a 5% tax rate now rises to 9.5%, meaning your real tax rate is actually 4.5% higher than what it seemed at first.
Summary
If you make $ 100,620 a year living in Hong Kong, you will be taxed $ 5,031. That means that your net pay will be $ 95,589 per year, or $ 7,966 per month. Your average tax rate is 5.0% and your marginal tax rate is 5.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $ 100 in your salary will be taxed $ 5, hence, your net pay will only increase by $ 95.
Bonus Example
A $ 1,000 bonus will generate an extra $ 950 of net incomes. A $ 5,000 bonus will generate an extra $ 4,750 of net incomes.
Compare average tax
Europe
Country
Net pay
Average tax
Rank
United Kingdom
HKD 100620
0.0%
1
Ireland
HKD 100620
0.0%
2
Spain
HKD 94231
6.4%
3
Switzerland
HKD 93566
7.0%
4
France
HKD 90198
10.4%
5
Norway
HKD 89635
10.9%
6
Luxembourg
HKD 88262
12.3%
7
Italy
HKD 87923
12.6%
8
Russia
HKD 87539
13.0%
9
Austria
HKD 85550
15.0%
10
Czech Republic
HKD 84507
16.0%
11
Hungary
HKD 82005
18.5%
12
Ukraine
HKD 80999
19.5%
13
Germany
HKD 80823
19.7%
14
Greece
HKD 78148
22.3%
15
Sweden
HKD 77439
23.0%
16
Poland
HKD 73925
26.5%
17
Portugal
HKD 70752
29.7%
18
Finland
HKD 69679
30.8%
19
Belgium
HKD 68422
32.0%
20
Denmark
HKD 67225
33.2%
21
Netherlands
HKD 63322
37.1%
22
Romania
HKD 58863
41.5%
23
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North America
Country
Net pay
Average tax
Rank
USA
HKD 90407
10.2%
1
Canada
HKD 76554
23.9%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
HKD 99104
1.5%
1
Hong Kong
HKD 95589
5.0%
2
Thailand
HKD 93777
6.8%
3
Taiwan
HKD 91714
8.9%
4
Pakistan
HKD 89055
11.5%
5
South Korea
HKD 88127
12.4%
6
Malaysia
HKD 86574
14.0%
7
New Zealand
HKD 86146
14.4%
8
Indonesia
HKD 85865
14.7%
9
Philippines
HKD 83204
17.3%
10
Japan
HKD 81762
18.7%
11
Singapore
HKD 80512
20.0%
12
Kazakhstan
HKD 79691
20.8%
13
Vietnam
HKD 78120
22.4%
14
India
HKD 75128
25.3%
15
China
HKD 71344
29.1%
16
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Latin America
Country
Net pay
Average tax
Rank
Puerto Rico
HKD 92458
8.1%
1
Guatemala
HKD 90972
9.6%
2
Colombia
HKD 90937
9.6%
3
Ecuador
HKD 90939
9.6%
4
Costa Rica
HKD 90055
10.5%
5
Panama
HKD 88919
11.6%
6
Mexico
HKD 83073
17.4%
7
Chile
HKD 82618
17.9%
8
Uruguay
HKD 80290
20.2%
9
Brazil
HKD 78765
21.7%
10
Peru
HKD 78564
21.9%
11
Argentina
HKD 65349
35.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
HKD 88403
12.1%
1
Mozambique
HKD 76727
23.8%
2
Morocco
HKD 76709
23.8%
3
Ivory Coast
HKD 74634
25.8%
4
Angola
HKD 74542
25.9%
5
Kenya
HKD 74367
26.1%
6
Ghana
HKD 73354
27.1%
7
Cameroon
HKD 71165
29.3%
8
Nigeria
HKD 69406
31.0%
9
Uganda
HKD 67685
32.7%
10
Senegal
HKD 67357
33.1%
11
Zambia
HKD 64148
36.3%
12
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Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
HKD 95589
5.0%
1
Qatar
HKD 95589
5.0%
2
Bahrain
HKD 92570
8.0%
3
Oman
HKD 92570
8.0%
4
Saudi Arabia
HKD 90558
10.0%
5
Kuwait
HKD 89552
11.0%
6
Israel
HKD 87388
13.2%
7
Egypt
HKD 77610
22.9%
8
Lebanon
HKD 76934
23.5%
9
Turkey
HKD 56034
44.3%
10
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NOTE* Withholding is calculated based on the tables of Hong Kong, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.