Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 38,000
Total tax
0
Net pay
* $ 38,000
Marginal tax rate
0.0%
Average tax rate
0.0%
100.0%
Net pay
0.0%
Total tax
Total tax
Net pay
The Taxberg
$ 38,000
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 $ 38,000. 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 $ 38,000 a year living in Hong Kong, you will be taxed 0. That means that your net pay will be $ 38,000 per year, or $ 3,167 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.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
HKD 34709
8.7%
1
Canada
HKD 31162
18.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
HKD 38000
0.0%
1
Hong Kong
HKD 38000
0.0%
2
Pakistan
HKD 36941
2.8%
3
Singapore
HKD 36163
4.8%
4
Thailand
HKD 35992
5.3%
5
Philippines
HKD 35727
6.0%
6
Taiwan
HKD 34637
8.9%
7
Indonesia
HKD 34235
9.9%
8
South Korea
HKD 33733
11.2%
9
Malaysia
HKD 33504
11.8%
10
New Zealand
HKD 33482
11.9%
11
India
HKD 33440
12.0%
12
Vietnam
HKD 31530
17.0%
13
Japan
HKD 30878
18.7%
14
Kazakhstan
HKD 30096
20.8%
15
China
HKD 28567
24.8%
16
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
HKD 37538
1.2%
1
Morocco
HKD 34243
9.9%
2
Cameroon
HKD 31433
17.3%
3
Ivory Coast
HKD 31166
18.0%
4
Kenya
HKD 30786
19.0%
5
Mozambique
HKD 30473
19.8%
6
Ghana
HKD 28972
23.8%
7
Angola
HKD 28719
24.4%
8
Zambia
HKD 27928
26.5%
9
Senegal
HKD 27048
28.8%
10
Uganda
HKD 26982
29.0%
11
Nigeria
HKD 26812
29.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
HKD 36100
5.0%
1
Qatar
HKD 36100
5.0%
2
Saudi Arabia
HKD 36081
5.1%
3
Bahrain
HKD 34960
8.0%
4
Oman
HKD 34960
8.0%
5
Kuwait
HKD 33820
11.0%
6
Israel
HKD 33003
13.2%
7
Lebanon
HKD 29969
21.1%
8
Egypt
HKD 29965
21.1%
9
Turkey
HKD 23602
37.9%
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.