Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 300
Total tax
0
Net pay
* $ 300
Marginal tax rate
0.0%
Average tax rate
0.0%
100.0%
Net pay
0.0%
Total tax
Total tax
Net pay
The Taxberg
$ 300
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 $ 300. 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 $ 300 a year living in Hong Kong, you will be taxed 0. That means that your net pay will be $ 300 per year, or $ 25 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 295
1.6%
1
USA
HKD 274
8.7%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
HKD 293
2.4%
1
Brazil
HKD 278
7.5%
2
Puerto Rico
HKD 276
8.0%
3
Colombia
HKD 276
8.0%
4
Ecuador
HKD 272
9.4%
5
Guatemala
HKD 271
9.6%
6
Costa Rica
HKD 268
10.5%
7
Panama
HKD 267
11.0%
8
Peru
HKD 263
12.5%
9
Argentina
HKD 249
17.0%
10
Chile
HKD 247
17.6%
11
Uruguay
HKD 246
18.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
HKD 297
1.0%
1
Angola
HKD 291
3.0%
2
Uganda
HKD 285
5.0%
3
Ghana
HKD 284
5.5%
4
Zambia
HKD 282
6.0%
5
Morocco
HKD 280
6.7%
6
Ivory Coast
HKD 277
7.5%
7
Senegal
HKD 263
12.4%
8
Cameroon
HKD 253
15.6%
9
Nigeria
HKD 250
16.8%
10
Mozambique
HKD 196
34.8%
11
Kenya
HKD 47
84.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
HKD 300
0.0%
1
Saudi Arabia
HKD 300
0.0%
2
United Arab Emirates
HKD 285
5.0%
3
Qatar
HKD 285
5.0%
4
Lebanon
HKD 279
7.0%
5
Bahrain
HKD 276
8.0%
6
Oman
HKD 276
8.0%
7
Kuwait
HKD 267
11.0%
8
Israel
HKD 261
13.2%
9
Turkey
HKD 253
15.8%
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.