Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 80,000
Total tax
0
Net pay
* $ 80,000
Marginal tax rate
0.0%
Average tax rate
0.0%
100.0%
Net pay
0.0%
Total tax
Total tax
Net pay
The Taxberg
$ 80,000
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 $ 80,000. 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 $ 80,000 a year living in Hong Kong, you will be taxed 0. That means that your net pay will be $ 80,000 per year, or $ 6,667 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 80000
0.0%
1
Ireland
HKD 80000
0.0%
2
Italy
HKD 75372
5.8%
3
Spain
HKD 74920
6.4%
4
Switzerland
HKD 74348
7.1%
5
Norway
HKD 73115
8.6%
6
France
HKD 72240
9.7%
7
Luxembourg
HKD 70843
11.5%
8
Russia
HKD 69600
13.0%
9
Czech Republic
HKD 69249
13.4%
10
Austria
HKD 68018
15.0%
11
Hungary
HKD 65200
18.5%
12
Ukraine
HKD 64400
19.5%
13
Germany
HKD 64260
19.7%
14
Greece
HKD 62521
21.9%
15
Sweden
HKD 62521
21.9%
16
Poland
HKD 60758
24.1%
17
Portugal
HKD 57797
27.8%
18
Finland
HKD 55400
30.8%
19
Belgium
HKD 54400
32.0%
20
Denmark
HKD 53352
33.3%
21
Netherlands
HKD 50342
37.1%
22
Romania
HKD 46800
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
HKD 72331
9.6%
1
Canada
HKD 61268
23.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
HKD 80000
0.0%
1
Hong Kong
HKD 80000
0.0%
2
Thailand
HKD 75219
6.0%
3
Taiwan
HKD 72919
8.9%
4
Pakistan
HKD 72724
9.1%
5
South Korea
HKD 70408
12.0%
6
Malaysia
HKD 70382
12.0%
7
New Zealand
HKD 69421
13.2%
8
Indonesia
HKD 68864
13.9%
9
Philippines
HKD 67820
15.2%
10
Japan
HKD 65007
18.7%
11
Singapore
HKD 64029
20.0%
12
Vietnam
HKD 63356
20.8%
13
Kazakhstan
HKD 63360
20.8%
14
India
HKD 62149
22.3%
15
China
HKD 56961
28.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
HKD 73670
7.9%
1
Colombia
HKD 73600
8.0%
2
Ecuador
HKD 72440
9.5%
3
Guatemala
HKD 72329
9.6%
4
Costa Rica
HKD 71600
10.5%
5
Panama
HKD 71200
11.0%
6
Mexico
HKD 67430
15.7%
7
Chile
HKD 65920
17.6%
8
Brazil
HKD 65698
17.9%
9
Uruguay
HKD 63920
20.1%
10
Peru
HKD 63047
21.2%
11
Argentina
HKD 51946
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
HKD 71874
10.2%
1
Morocco
HKD 63408
20.7%
2
Mozambique
HKD 61881
22.7%
3
Ivory Coast
HKD 60609
24.2%
4
Kenya
HKD 59933
25.1%
5
Angola
HKD 59507
25.6%
6
Cameroon
HKD 59143
26.1%
7
Ghana
HKD 58740
26.6%
8
Nigeria
HKD 55381
30.8%
9
Uganda
HKD 54282
32.2%
10
Senegal
HKD 54047
32.4%
11
Zambia
HKD 51660
35.4%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
HKD 76000
5.0%
1
Qatar
HKD 76000
5.0%
2
Bahrain
HKD 73600
8.0%
3
Oman
HKD 73600
8.0%
4
Saudi Arabia
HKD 72000
10.0%
5
Kuwait
HKD 71200
11.0%
6
Israel
HKD 69480
13.2%
7
Egypt
HKD 62145
22.3%
8
Lebanon
HKD 61469
23.2%
9
Turkey
HKD 46188
42.3%
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.