Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 26,000
Total tax
0
Net pay
* $ 26,000
Marginal tax rate
0.0%
Average tax rate
0.0%
100.0%
Net pay
0.0%
Total tax
Total tax
Net pay
The Taxberg
$ 26,000
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 $ 26,000. 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 $ 26,000 a year living in Hong Kong, you will be taxed 0. That means that your net pay will be $ 26,000 per year, or $ 2,167 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
USA
HKD 23748
8.7%
1
Canada
HKD 22512
13.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
HKD 26000
0.0%
1
Singapore
HKD 26000
0.0%
2
Hong Kong
HKD 26000
0.0%
3
Pakistan
HKD 25686
1.2%
4
Thailand
HKD 24700
5.0%
5
Philippines
HKD 24577
5.5%
6
Indonesia
HKD 23903
8.1%
7
Taiwan
HKD 23699
8.9%
8
South Korea
HKD 23221
10.7%
9
Malaysia
HKD 22928
11.8%
10
New Zealand
HKD 22909
11.9%
11
India
HKD 22880
12.0%
12
China
HKD 22572
13.2%
13
Vietnam
HKD 21864
15.9%
14
Japan
HKD 21127
18.7%
15
Kazakhstan
HKD 20592
20.8%
16
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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.