Income tax calculator Hong Kong

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 18,720
Income Tax
- $ 1,370
MPF
- $ 750
Total tax
- $ 2,120
Net pay
* $ 16,600
Marginal tax rate
17.0%
Average tax rate
11.3%
88.7%
Net pay
11.3%
Total tax
Total tax
Net pay
The Taxberg
$ 16,600
Net pay
$ 750
Tax the employer pays
$ 2,120
Tax you pay
Total tax paid
$ 2,870
Did you know your employer also pays tax on your salary? It costs the employer $ 750 to pay you $ 18,720. In other words, every time you spend $ 10 of your hard-earned money, $ 1.53 goes to the government.
Real tax rate
14.7%
So, with you and the employer both paying tax, what used to be a 11.3% tax rate now rises to 14.7%, meaning your real tax rate is actually 3.4% higher than what it seemed at first.
People also ask
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What is the average salary in Hong Kong?
Summary
If you make $ 449,280 a year living in Hong Kong, you will be taxed $ 50,878. That means that your net pay will be $ 398,402 per year, or $ 33,200 per month. Your average tax rate is 11.3% and your marginal tax rate is 17.0%. 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 $ 17, hence, your net pay will only increase by $ 83.
Bonus Example
A $ 1,000 bonus will generate an extra $ 830 of net incomes. A $ 5,000 bonus will generate an extra $ 4,150 of net incomes.
Compare average tax
Tax per income
$ 15,000
$ 20,000
$ 25,000
$ 30,000
$ 35,000
$ 40,000
$ 45,000
$ 50,000
$ 55,000
$ 60,000
$ 65,000
$ 70,000
$ 75,000
$ 80,000
$ 85,000
$ 90,000
$ 95,000
$ 100,000
$ 105,000
$ 110,000
North America
Country 
Net pay
Average tax
Rank
USA
HKD 348534
22.4%
1
Canada
HKD 318776
29.1%
2
Africa
Country 
Net pay
Average tax
Rank
Angola
HKD 328196
27.0%
1
Kenya
HKD 318429
29.1%
2
South Africa
HKD 312475
30.5%
3
Mozambique
HKD 309198
31.2%
4
Nigeria
HKD 306565
31.8%
5
Ghana
HKD 304941
32.1%
6
Ivory Coast
HKD 297304
33.8%
7
Morocco
HKD 289798
35.5%
8
Cameroon
HKD 283110
37.0%
9
Zambia
HKD 278574
38.0%
10
Senegal
HKD 278447
38.0%
11
Uganda
HKD 274835
38.8%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
HKD 426816
5.0%
1
Qatar
HKD 426816
5.0%
2
Bahrain
HKD 413337
8.0%
3
Oman
HKD 413338
8.0%
4
Saudi Arabia
HKD 404352
10.0%
5
Kuwait
HKD 399859
11.0%
6
Israel
HKD 342888
23.7%
7
Egypt
HKD 339105
24.5%
8
Lebanon
HKD 338429
24.7%
9
Turkey
HKD 263153
41.4%
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.