Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 11,240
Total tax
0
Net pay
* $ 11,240
Marginal tax rate
0.0%
Average tax rate
0.0%
100.0%
Net pay
0.0%
Total tax
Total tax
Net pay
The Taxberg
$ 11,240
Net pay
$ 0
Tax you pay
Total tax paid
$ 0
Did you know your employer also pays tax on your salary? It costs the employer $ 0 to pay you $ 11,240. In other words, every time you spend $ 10 of your hard-earned money, $ 0 goes to the government.
Real tax rate
0.0%
So, with you and the employer both paying tax, what used to be a 0% tax rate now rises to 0.0%, meaning your real tax rate is actually 0% higher than what it seemed at first.
Summary
If you make $ 11,240 a year living in Hong Kong, you will be taxed 0. That means that your net pay will be $ 11,240 per year, or $ 937 per month. Your average tax rate is 0.0% and your marginal tax rate is 0.0%. 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 $ 0, hence, your net pay will only increase by $ 100.
Bonus Example
A $ 1,000 bonus will generate an extra $ 1,000 of net incomes. A $ 5,000 bonus will generate an extra $ 5,000 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
Canada
HKD 10479
6.8%
1
USA
HKD 10266
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
HKD 11240
0.0%
1
Singapore
HKD 11240
0.0%
2
Hong Kong
HKD 11240
0.0%
3
Pakistan
HKD 11156
0.8%
4
Thailand
HKD 10678
5.0%
5
Philippines
HKD 10463
6.9%
6
Indonesia
HKD 10302
8.4%
7
Taiwan
HKD 10245
8.9%
8
South Korea
HKD 10039
10.7%
9
New Zealand
HKD 9904
11.9%
10
India
HKD 9891
12.0%
11
Malaysia
HKD 9875
12.1%
12
China
HKD 9758
13.2%
13
Vietnam
HKD 9557
15.0%
14
Japan
HKD 9133
18.7%
15
Kazakhstan
HKD 8902
20.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Mexico
HKD 10973
2.4%
1
Brazil
HKD 10397
7.5%
2
Puerto Rico
HKD 10346
8.0%
3
Colombia
HKD 10341
8.0%
4
Ecuador
HKD 10178
9.5%
5
Guatemala
HKD 10162
9.6%
6
Costa Rica
HKD 10060
10.5%
7
Panama
HKD 10004
11.0%
8
Peru
HKD 9835
12.5%
9
Argentina
HKD 9329
17.0%
10
Chile
HKD 9262
17.6%
11
Uruguay
HKD 9206
18.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
HKD 11128
1.0%
1
Zambia
HKD 10566
6.0%
2
Morocco
HKD 10482
6.7%
3
Ivory Coast
HKD 10014
10.9%
4
Kenya
HKD 9821
12.6%
5
Uganda
HKD 9736
13.4%
6
Senegal
HKD 9570
14.9%
7
Cameroon
HKD 9483
15.6%
8
Mozambique
HKD 9407
16.3%
9
Ghana
HKD 9261
17.6%
10
Angola
HKD 8806
21.7%
11
Nigeria
HKD 8467
24.7%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
HKD 11240
0.0%
1
United Arab Emirates
HKD 10678
5.0%
2
Qatar
HKD 10678
5.0%
3
Bahrain
HKD 10341
8.0%
4
Oman
HKD 10341
8.0%
5
Kuwait
HKD 10004
11.0%
6
Israel
HKD 9762
13.2%
7
Lebanon
HKD 9568
14.9%
8
Turkey
HKD 9269
17.5%
9
Egypt
HKD 9243
17.8%
10
Show more
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.