Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 1,360
Total tax
0
Net pay
* $ 1,360
Marginal tax rate
0.0%
Average tax rate
0.0%
100.0%
Net pay
0.0%
Total tax
Total tax
Net pay
The Taxberg
$ 1,360
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 $ 1,360. 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 $ 1,360 a year living in Hong Kong, you will be taxed 0. That means that your net pay will be $ 1,360 per year, or $ 113 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.
North America
Country 
Net pay
Average tax
Rank
Canada
HKD 1338
1.6%
1
USA
HKD 1242
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
HKD 1360
0.0%
1
Singapore
HKD 1360
0.0%
2
Hong Kong
HKD 1360
0.0%
3
Thailand
HKD 1292
5.0%
4
Pakistan
HKD 1276
6.2%
5
Indonesia
HKD 1240
8.8%
6
Taiwan
HKD 1240
8.9%
7
South Korea
HKD 1215
10.7%
8
New Zealand
HKD 1198
11.9%
9
India
HKD 1197
12.0%
10
China
HKD 1181
13.2%
11
Malaysia
HKD 1167
14.2%
12
Vietnam
HKD 1156
15.0%
13
Japan
HKD 1105
18.7%
14
Kazakhstan
HKD 1077
20.8%
15
Philippines
HKD 1069
21.4%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
HKD 1328
2.4%
1
Brazil
HKD 1258
7.5%
2
Puerto Rico
HKD 1252
8.0%
3
Colombia
HKD 1251
8.0%
4
Ecuador
HKD 1231
9.5%
5
Guatemala
HKD 1230
9.6%
6
Costa Rica
HKD 1217
10.5%
7
Panama
HKD 1210
11.0%
8
Peru
HKD 1190
12.5%
9
Argentina
HKD 1129
17.0%
10
Chile
HKD 1121
17.6%
11
Uruguay
HKD 1114
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
HKD 1346
1.0%
1
Uganda
HKD 1292
5.0%
2
Ghana
HKD 1285
5.5%
3
Zambia
HKD 1278
6.0%
4
Morocco
HKD 1268
6.7%
5
Ivory Coast
HKD 1258
7.5%
6
Senegal
HKD 1232
9.4%
7
Angola
HKD 1201
11.7%
8
Cameroon
HKD 1147
15.6%
9
Nigeria
HKD 1130
17.0%
10
Mozambique
HKD 1118
17.8%
11
Kenya
HKD 1102
19.0%
12
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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.