Income tax calculator Hong Kong
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 2,559
Income Tax
- $ 1.66
MPF
- $ 128
Total tax
- $ 130
Net pay
*
$ 2,429
Marginal tax rate
5.6%
Average tax rate
5.1%
94.9%
Net pay
5.1%
Total tax
Total tax
Net pay
The Taxberg
$ 2,429
Net pay
$ 128
Tax the employer pays
$ 130
Tax you pay
Total tax paid
$ 258
Did you know your employer also pays tax on your salary? It costs the employer $ 128 to pay you $ 2,559. In other words, every time you spend $ 10 of your hard-earned money, $ 1.01 goes to the government.
Real tax rate
9.6%
So, with you and the employer both paying tax, what used to be a 5.1% tax rate now rises to 9.6%, meaning your real tax rate is actually 4.5% higher than what it seemed at first.
Summary
If you make $ 133,068 a year living in Hong Kong, you will be taxed $ 6,740. That means that your net pay will be $ 126,328 per year, or $ 10,527 per month. Your average tax rate is 5.1% and your marginal tax rate is 5.6%. 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 $ 5.57, hence, your net pay will only increase by $ 94.43.
Bonus Example
A $ 1,000 bonus will generate an extra $ 944 of net incomes. A $ 5,000 bonus will generate an extra $ 4,722 of net incomes.
Compare average tax
Europe
Country
Net pay
Average tax
Rank
Ireland
HKD 131895
0.9%
1
United Kingdom
HKD 130532
1.9%
2
Switzerland
HKD 123231
7.4%
3
Spain
HKD 116915
12.1%
4
France
HKD 116286
12.6%
5
Russia
HKD 115769
13.0%
6
Norway
HKD 115536
13.2%
7
Luxembourg
HKD 113530
14.7%
8
Austria
HKD 112466
15.5%
9
Czech Republic
HKD 108519
18.5%
10
Hungary
HKD 108450
18.5%
11
Italy
HKD 107311
19.4%
12
Ukraine
HKD 107120
19.5%
13
Germany
HKD 105086
21.0%
14
Greece
HKD 99884
24.9%
15
Sweden
HKD 99190
25.5%
16
Poland
HKD 94644
28.9%
17
Portugal
HKD 90383
32.1%
18
Finland
HKD 89232
32.9%
19
Denmark
HKD 89056
33.1%
20
Belgium
HKD 87724
34.1%
21
Netherlands
HKD 83741
37.1%
22
Romania
HKD 77845
41.5%
23
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North America
Country
Net pay
Average tax
Rank
USA
HKD 115666
13.1%
1
Canada
HKD 99310
25.4%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Hong Kong
HKD 126328
5.1%
1
Australia
HKD 123994
6.8%
2
Thailand
HKD 122017
8.3%
3
Taiwan
HKD 121283
8.9%
4
South Korea
HKD 115397
13.3%
5
Pakistan
HKD 113558
14.7%
6
New Zealand
HKD 112465
15.5%
7
Indonesia
HKD 111751
16.0%
8
Malaysia
HKD 111700
16.1%
9
Japan
HKD 107337
19.3%
10
Philippines
HKD 106337
20.1%
11
Singapore
HKD 106155
20.2%
12
Kazakhstan
HKD 105753
20.5%
13
Vietnam
HKD 101148
24.0%
14
China
HKD 93976
29.4%
15
India
HKD 93558
29.7%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
HKD 120309
9.6%
1
Puerto Rico
HKD 120170
9.7%
2
Costa Rica
HKD 119096
10.5%
3
Ecuador
HKD 118453
11.0%
4
Colombia
HKD 116808
12.2%
5
Panama
HKD 113484
14.7%
6
Chile
HKD 108286
18.6%
7
Mexico
HKD 107476
19.2%
8
Peru
HKD 102981
22.6%
9
Uruguay
HKD 102075
23.3%
10
Brazil
HKD 100834
24.2%
11
Argentina
HKD 86440
35.0%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
HKD 112415
15.5%
1
Mozambique
HKD 100090
24.8%
2
Angola
HKD 98152
26.2%
3
Morocco
HKD 97641
26.6%
4
Kenya
HKD 97080
27.0%
5
Ivory Coast
HKD 95992
27.9%
6
Ghana
HKD 95767
28.0%
7
Nigeria
HKD 91478
31.3%
8
Cameroon
HKD 90586
31.9%
9
Uganda
HKD 88776
33.3%
10
Senegal
HKD 87824
34.0%
11
Zambia
HKD 84103
36.8%
12
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Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
HKD 126415
5.0%
1
Qatar
HKD 126415
5.0%
2
Bahrain
HKD 122423
8.0%
3
Oman
HKD 122423
8.0%
4
Saudi Arabia
HKD 119761
10.0%
5
Kuwait
HKD 118430
11.0%
6
Israel
HKD 115569
13.2%
7
Egypt
HKD 101946
23.4%
8
Lebanon
HKD 101270
23.9%
9
Turkey
HKD 75686
43.1%
10
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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.