Income tax calculator Hong Kong
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 30,424
Total tax
0
Net pay
*
$ 30,424
Marginal tax rate
0.0%
Average tax rate
0.0%
100.0%
Net pay
0.0%
Total tax
Total tax
Net pay
The Taxberg
$ 30,424
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 $ 30,424. 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 $ 30,424 a year living in Hong Kong, you will be taxed 0. That means that your net pay will be $ 30,424 per year, or $ 2,535 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.
Europe
Country
Net pay
Average tax
Rank
United Kingdom
HKD 30424
0.0%
1
Germany
HKD 30424
0.0%
2
Austria
HKD 30424
0.0%
3
Ireland
HKD 30424
0.0%
4
Norway
HKD 30424
0.0%
5
Spain
HKD 28492
6.4%
6
Switzerland
HKD 28144
7.5%
7
Italy
HKD 27628
9.2%
8
France
HKD 27473
9.7%
9
Czech Republic
HKD 27077
11.0%
10
Luxembourg
HKD 27062
11.1%
11
Russia
HKD 26469
13.0%
12
Sweden
HKD 25462
16.3%
13
Hungary
HKD 24796
18.5%
14
Ukraine
HKD 24491
19.5%
15
Poland
HKD 23890
21.5%
16
Greece
HKD 23777
21.9%
17
Portugal
HKD 22651
25.6%
18
Finland
HKD 21069
30.8%
19
Belgium
HKD 20688
32.0%
20
Denmark
HKD 19998
34.3%
21
Netherlands
HKD 19142
37.1%
22
Romania
HKD 17798
41.5%
23
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North America
Country
Net pay
Average tax
Rank
USA
HKD 27789
8.7%
1
Canada
HKD 25824
15.1%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
HKD 30424
0.0%
1
Singapore
HKD 30424
0.0%
2
Hong Kong
HKD 30424
0.0%
3
Pakistan
HKD 29999
1.4%
4
Philippines
HKD 28921
4.9%
5
Thailand
HKD 28903
5.0%
6
Indonesia
HKD 27851
8.5%
7
Taiwan
HKD 27731
8.9%
8
South Korea
HKD 27111
10.9%
9
Malaysia
HKD 26833
11.8%
10
New Zealand
HKD 26807
11.9%
11
India
HKD 26773
12.0%
12
Vietnam
HKD 25427
16.4%
13
Japan
HKD 24722
18.7%
14
China
HKD 24451
19.6%
15
Kazakhstan
HKD 24096
20.8%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
HKD 28827
5.3%
1
Colombia
HKD 30499
7.4%
2
Puerto Rico
HKD 28005
8.0%
3
Brazil
HKD 27962
8.1%
4
Ecuador
HKD 27549
9.5%
5
Guatemala
HKD 27507
9.6%
6
Costa Rica
HKD 27229
10.5%
7
Panama
HKD 27077
11.0%
8
Peru
HKD 26621
12.5%
9
Chile
HKD 25069
17.6%
10
Uruguay
HKD 24329
20.0%
11
Argentina
HKD 20603
32.3%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
HKD 30120
1.0%
1
Morocco
HKD 27885
8.3%
2
Kenya
HKD 25563
16.0%
3
Ivory Coast
HKD 25481
16.3%
4
Cameroon
HKD 25472
16.3%
5
Mozambique
HKD 24639
19.0%
6
Zambia
HKD 23648
22.3%
7
Ghana
HKD 23603
22.4%
8
Angola
HKD 23134
24.0%
9
Senegal
HKD 22169
27.1%
10
Uganda
HKD 22058
27.5%
11
Nigeria
HKD 21659
28.8%
12
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Middle East
Country
Net pay
Average tax
Rank
Saudi Arabia
HKD 30424
0.0%
1
United Arab Emirates
HKD 28903
5.0%
2
Qatar
HKD 28903
5.0%
3
Bahrain
HKD 27990
8.0%
4
Oman
HKD 27990
8.0%
5
Kuwait
HKD 27077
11.0%
6
Israel
HKD 26423
13.2%
7
Lebanon
HKD 24287
20.2%
8
Egypt
HKD 24015
21.1%
9
Turkey
HKD 19190
36.9%
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.