Income tax calculator Hong Kong

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 320,000
Income Tax
- $ 12,092
MPF
- $ 16,000
Total tax
- $ 28,092
Net pay
* $ 291,908
Marginal tax rate
18.1%
Average tax rate
8.8%
91.2%
Net pay
8.8%
Total tax
Total tax
Net pay
The Taxberg
$ 291,908
Net pay
$ 16,000
Tax the employer pays
$ 28,092
Tax you pay
Total tax paid
$ 44,092
Did you know your employer also pays tax on your salary? It costs the employer $ 16,000 to pay you $ 320,000. In other words, every time you spend $ 10 of your hard-earned money, $ 1.38 goes to the government.
Real tax rate
13.1%
So, with you and the employer both paying tax, what used to be a 8.8% tax rate now rises to 13.1%, meaning your real tax rate is actually 4.3% higher than what it seemed at first.
People also ask
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Summary
If you make $ 320,000 a year living in Hong Kong, you will be taxed $ 28,092. That means that your net pay will be $ 291,908 per year, or $ 24,326 per month. Your average tax rate is 8.8% and your marginal tax rate is 18.1%. 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 $ 18.06, hence, your net pay will only increase by $ 81.94.
Bonus Example
A $ 1,000 bonus will generate an extra $ 819 of net incomes. A $ 5,000 bonus will generate an extra $ 4,097 of net incomes.
Tax per income
$ 325,000
$ 330,000
$ 335,000
$ 340,000
$ 345,000
$ 350,000
$ 355,000
$ 360,000
$ 365,000
$ 370,000
$ 375,000
$ 380,000
$ 385,000
$ 390,000
$ 395,000
$ 400,000
$ 405,000
$ 410,000
$ 415,000
$ 420,000
North America
Country 
Net pay
Average tax
Rank
USA
HKD 255236
20.2%
1
Canada
HKD 231060
27.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
HKD 291908
8.8%
1
Taiwan
HKD 281541
12.0%
2
Thailand
HKD 268671
16.0%
3
South Korea
HKD 260381
18.6%
4
Australia
HKD 258124
19.3%
5
Kazakhstan
HKD 257168
19.6%
6
New Zealand
HKD 251841
21.3%
7
Singapore
HKD 246725
22.9%
8
Indonesia
HKD 244812
23.5%
9
Pakistan
HKD 242339
24.3%
10
Japan
HKD 240096
25.0%
11
Malaysia
HKD 236125
26.2%
12
Philippines
HKD 231464
27.7%
13
Vietnam
HKD 221931
30.7%
14
China
HKD 211174
34.0%
15
India
HKD 199736
37.6%
16
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Africa
Country 
Net pay
Average tax
Rank
South Africa
HKD 235558
26.4%
1
Angola
HKD 234145
26.8%
2
Kenya
HKD 227933
28.8%
3
Mozambique
HKD 225166
29.6%
4
Ghana
HKD 219422
31.4%
5
Nigeria
HKD 218629
31.7%
6
Ivory Coast
HKD 214710
32.9%
7
Morocco
HKD 211456
33.9%
8
Cameroon
HKD 204398
36.1%
9
Uganda
HKD 203731
36.3%
10
Senegal
HKD 200879
37.2%
11
Zambia
HKD 199067
37.8%
12
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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.