Income tax calculator Hong Kong
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 31,458
Total tax
0
Net pay
*
$ 31,458
Marginal tax rate
0.0%
Average tax rate
0.0%
100.0%
Net pay
0.0%
Total tax
Total tax
Net pay
The Taxberg
$ 31,458
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 $ 31,458. 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 $ 31,458 a year living in Hong Kong, you will be taxed 0. That means that your net pay will be $ 31,458 per year, or $ 2,622 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 31458
0.0%
1
Germany
HKD 31458
0.0%
2
Austria
HKD 31458
0.0%
3
Ireland
HKD 31458
0.0%
4
Norway
HKD 31458
0.0%
5
Spain
HKD 29460
6.4%
6
Switzerland
HKD 29107
7.5%
7
Italy
HKD 28567
9.2%
8
France
HKD 28407
9.7%
9
Czech Republic
HKD 27998
11.0%
10
Luxembourg
HKD 27982
11.1%
11
Russia
HKD 27368
13.0%
12
Sweden
HKD 26185
16.8%
13
Hungary
HKD 25638
18.5%
14
Ukraine
HKD 25324
19.5%
15
Poland
HKD 24702
21.5%
16
Greece
HKD 24585
21.9%
17
Portugal
HKD 23420
25.6%
18
Finland
HKD 21785
30.8%
19
Belgium
HKD 21391
32.0%
20
Denmark
HKD 20694
34.2%
21
Netherlands
HKD 19794
37.1%
22
Romania
HKD 18403
41.5%
23
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North America
Country
Net pay
Average tax
Rank
USA
HKD 28733
8.7%
1
Canada
HKD 26569
15.5%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
HKD 31458
0.0%
1
Singapore
HKD 31458
0.0%
2
Hong Kong
HKD 31458
0.0%
3
Pakistan
HKD 31007
1.4%
4
Philippines
HKD 29940
4.8%
5
Thailand
HKD 29884
5.0%
6
Indonesia
HKD 28758
8.6%
7
Taiwan
HKD 28674
8.9%
8
South Korea
HKD 28020
10.9%
9
Malaysia
HKD 27745
11.8%
10
New Zealand
HKD 27718
11.9%
11
India
HKD 27683
12.0%
12
Vietnam
HKD 26260
16.5%
13
Japan
HKD 25562
18.7%
14
Kazakhstan
HKD 24915
20.8%
15
China
HKD 24622
21.7%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
HKD 29690
5.6%
1
Colombia
HKD 31450
7.4%
2
Puerto Rico
HKD 28957
8.0%
3
Brazil
HKD 28883
8.2%
4
Ecuador
HKD 28485
9.5%
5
Guatemala
HKD 28442
9.6%
6
Costa Rica
HKD 28155
10.5%
7
Panama
HKD 27998
11.0%
8
Peru
HKD 27526
12.5%
9
Chile
HKD 25921
17.6%
10
Uruguay
HKD 25135
20.1%
11
Argentina
HKD 21161
32.7%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
HKD 31143
1.0%
1
Morocco
HKD 28753
8.6%
2
Ivory Coast
HKD 26297
16.4%
3
Cameroon
HKD 26291
16.4%
4
Kenya
HKD 26272
16.5%
5
Mozambique
HKD 25436
19.1%
6
Ghana
HKD 24336
22.6%
7
Zambia
HKD 24232
23.0%
8
Angola
HKD 23896
24.0%
9
Senegal
HKD 22835
27.4%
10
Uganda
HKD 22730
27.8%
11
Nigeria
HKD 22362
28.9%
12
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Middle East
Country
Net pay
Average tax
Rank
Saudi Arabia
HKD 31458
0.0%
1
United Arab Emirates
HKD 29885
5.0%
2
Qatar
HKD 29885
5.0%
3
Bahrain
HKD 28941
8.0%
4
Oman
HKD 28941
8.0%
5
Kuwait
HKD 27998
11.0%
6
Israel
HKD 27321
13.2%
7
Lebanon
HKD 25062
20.3%
8
Egypt
HKD 24842
21.0%
9
Turkey
HKD 19792
37.1%
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.