Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 672
Total tax
0
Net pay
* $ 672
Marginal tax rate
0.0%
Average tax rate
0.0%
100.0%
Net pay
0.0%
Total tax
Total tax
Net pay
The Taxberg
$ 672
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 $ 672. 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 $ 8,064 a year living in Hong Kong, you will be taxed 0. That means that your net pay will be $ 8,064 per year, or $ 672 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
Canada
HKD 7682
4.7%
1
USA
HKD 7366
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
HKD 8064
0.0%
1
Singapore
HKD 8064
0.0%
2
Hong Kong
HKD 8064
0.0%
3
Pakistan
HKD 7980
1.0%
4
Thailand
HKD 7661
5.0%
5
Philippines
HKD 7421
8.0%
6
Indonesia
HKD 7377
8.5%
7
Taiwan
HKD 7350
8.9%
8
South Korea
HKD 7202
10.7%
9
New Zealand
HKD 7105
11.9%
10
India
HKD 7096
12.0%
11
Malaysia
HKD 7075
12.3%
12
China
HKD 7001
13.2%
13
Vietnam
HKD 6856
15.0%
14
Japan
HKD 6553
18.7%
15
Kazakhstan
HKD 6387
20.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Mexico
HKD 7872
2.4%
1
Brazil
HKD 7459
7.5%
2
Puerto Rico
HKD 7423
8.0%
3
Colombia
HKD 7419
8.0%
4
Ecuador
HKD 7302
9.5%
5
Guatemala
HKD 7291
9.6%
6
Costa Rica
HKD 7217
10.5%
7
Panama
HKD 7177
11.0%
8
Peru
HKD 7056
12.5%
9
Argentina
HKD 6693
17.0%
10
Chile
HKD 6645
17.6%
11
Uruguay
HKD 6604
18.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
HKD 7983
1.0%
1
Zambia
HKD 7580
6.0%
2
Morocco
HKD 7520
6.7%
3
Uganda
HKD 7414
8.1%
4
Ivory Coast
HKD 7295
9.5%
5
Senegal
HKD 7062
12.4%
6
Kenya
HKD 7041
12.7%
7
Cameroon
HKD 6804
15.6%
8
Mozambique
HKD 6803
15.6%
9
Ghana
HKD 6785
15.9%
10
Angola
HKD 6366
21.1%
11
Nigeria
HKD 6213
23.0%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
HKD 8064
0.0%
1
United Arab Emirates
HKD 7661
5.0%
2
Qatar
HKD 7661
5.0%
3
Bahrain
HKD 7419
8.0%
4
Oman
HKD 7419
8.0%
5
Kuwait
HKD 7177
11.0%
6
Lebanon
HKD 7011
13.1%
7
Israel
HKD 7004
13.2%
8
Egypt
HKD 6858
15.0%
9
Turkey
HKD 6750
16.3%
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.