Income tax calculator Hong Kong
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 20,453
Total tax
0
Net pay
*
$ 20,453
Marginal tax rate
0.0%
Average tax rate
0.0%
100.0%
Net pay
0.0%
Total tax
Total tax
Net pay
The Taxberg
$ 20,453
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 $ 20,453. 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 $ 20,453 a year living in Hong Kong, you will be taxed 0. That means that your net pay will be $ 20,453 per year, or $ 1,704 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
Europe
Country
Net pay
Average tax
Rank
United Kingdom
HKD 20453
0.0%
1
Germany
HKD 20453
0.0%
2
Austria
HKD 20453
0.0%
3
Ireland
HKD 20453
0.0%
4
Norway
HKD 20453
0.0%
5
Spain
HKD 19154
6.4%
6
Switzerland
HKD 18851
7.8%
7
Italy
HKD 18573
9.2%
8
Sweden
HKD 18569
9.2%
9
France
HKD 18469
9.7%
10
Czech Republic
HKD 18203
11.0%
11
Luxembourg
HKD 18193
11.1%
12
Russia
HKD 17794
13.0%
13
Hungary
HKD 16669
18.5%
14
Ukraine
HKD 16465
19.5%
15
Poland
HKD 16060
21.5%
16
Greece
HKD 15984
21.9%
17
Portugal
HKD 15227
25.6%
18
Finland
HKD 14164
30.8%
19
Belgium
HKD 13908
32.0%
20
Denmark
HKD 13290
35.0%
21
Netherlands
HKD 12869
37.1%
22
Romania
HKD 11965
41.5%
23
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North America
Country
Net pay
Average tax
Rank
USA
HKD 18682
8.7%
1
Canada
HKD 18096
11.5%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
HKD 20453
0.0%
1
Singapore
HKD 20453
0.0%
2
Hong Kong
HKD 20453
0.0%
3
Pakistan
HKD 20277
0.9%
4
Thailand
HKD 19430
5.0%
5
Philippines
HKD 19258
5.8%
6
Indonesia
HKD 18791
8.1%
7
Taiwan
HKD 18643
8.9%
8
South Korea
HKD 18267
10.7%
9
Malaysia
HKD 18034
11.8%
10
New Zealand
HKD 18021
11.9%
11
India
HKD 17999
12.0%
12
China
HKD 17756
13.2%
13
Vietnam
HKD 17340
15.2%
14
Japan
HKD 16620
18.7%
15
Kazakhstan
HKD 16199
20.8%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
HKD 19932
2.6%
1
Brazil
HKD 18892
7.6%
2
Colombia
HKD 19677
7.7%
3
Puerto Rico
HKD 18827
8.0%
4
Ecuador
HKD 18520
9.5%
5
Guatemala
HKD 18492
9.6%
6
Costa Rica
HKD 18305
10.5%
7
Panama
HKD 18203
11.0%
8
Peru
HKD 17896
12.5%
9
Argentina
HKD 16976
17.0%
10
Chile
HKD 16853
17.6%
11
Uruguay
HKD 16751
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
HKD 20248
1.0%
1
Morocco
HKD 19074
6.7%
2
Zambia
HKD 17762
13.2%
3
Kenya
HKD 17657
13.7%
4
Ivory Coast
HKD 17611
13.9%
5
Cameroon
HKD 17257
15.6%
6
Mozambique
HKD 16927
17.2%
7
Ghana
HKD 16444
19.6%
8
Senegal
HKD 15927
22.1%
9
Angola
HKD 15768
22.9%
10
Uganda
HKD 15625
23.6%
11
Nigeria
HKD 14877
27.3%
12
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Middle East
Country
Net pay
Average tax
Rank
Saudi Arabia
HKD 20453
0.0%
1
United Arab Emirates
HKD 19430
5.0%
2
Qatar
HKD 19430
5.0%
3
Bahrain
HKD 18817
8.0%
4
Oman
HKD 18817
8.0%
5
Kuwait
HKD 18203
11.0%
6
Israel
HKD 17763
13.2%
7
Lebanon
HKD 16809
17.8%
8
Egypt
HKD 16038
21.6%
9
Turkey
HKD 13383
34.6%
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.