Income tax calculator Hong Kong

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 330,000
Income Tax
- $ 13,432
MPF
- $ 16,500
Total tax
- $ 29,932
Net pay
* $ 300,068
Marginal tax rate
18.8%
Average tax rate
9.1%
90.9%
Net pay
9.1%
Total tax
Total tax
Net pay
The Taxberg
$ 300,068
Net pay
$ 16,500
Tax the employer pays
$ 29,932
Tax you pay
Total tax paid
$ 46,432
Did you know your employer also pays tax on your salary? It costs the employer $ 16,500 to pay you $ 330,000. In other words, every time you spend $ 10 of your hard-earned money, $ 1.41 goes to the government.
Real tax rate
13.4%
So, with you and the employer both paying tax, what used to be a 9.1% tax rate now rises to 13.4%, meaning your real tax rate is actually 4.3% higher than what it seemed at first.
People also ask
$ 330,000 yearly is how much per hour?
$ 159 hourly is how much per year?
What is the average salary in Hong Kong?
Summary
If you make $ 330,000 a year living in Hong Kong, you will be taxed $ 29,932. That means that your net pay will be $ 300,068 per year, or $ 25,006 per month. Your average tax rate is 9.1% and your marginal tax rate is 18.8%. 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 $ 18.75, hence, your net pay will only increase by $ 81.25.
Bonus Example
A $ 1,000 bonus will generate an extra $ 813 of net incomes. A $ 5,000 bonus will generate an extra $ 4,063 of net incomes.
Compare average tax
Tax per income
$ 335,000
$ 340,000
$ 345,000
$ 350,000
$ 355,000
$ 360,000
$ 365,000
$ 370,000
$ 375,000
$ 380,000
$ 385,000
$ 390,000
$ 395,000
$ 400,000
$ 405,000
$ 410,000
$ 415,000
$ 420,000
$ 425,000
$ 430,000
Europe
Country 
Net pay
Average tax
Rank
Russia
HKD 287100
13.0%
1
Switzerland
HKD 283709
14.0%
2
Hungary
HKD 268950
18.5%
3
Ukraine
HKD 265650
19.5%
4
Ireland
HKD 264741
19.8%
5
United Kingdom
HKD 261985
20.6%
6
France
HKD 259132
21.5%
7
Czech Republic
HKD 254249
23.0%
8
Norway
HKD 250456
24.1%
9
Spain
HKD 244666
25.9%
10
Luxembourg
HKD 242290
26.6%
11
Austria
HKD 233814
29.2%
12
Sweden
HKD 233050
29.4%
13
Denmark
HKD 222344
32.6%
14
Greece
HKD 221883
32.8%
15
Germany
HKD 214901
34.9%
16
Poland
HKD 212079
35.7%
17
Netherlands
HKD 207669
37.1%
18
Finland
HKD 202505
38.6%
19
Italy
HKD 201239
39.0%
20
Portugal
HKD 194566
41.0%
21
Romania
HKD 193050
41.5%
22
Belgium
HKD 163926
50.3%
23
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North America
Country 
Net pay
Average tax
Rank
USA
HKD 262635
20.4%
1
Canada
HKD 237513
28.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
HKD 300068
9.1%
1
Taiwan
HKD 289386
12.3%
2
Thailand
HKD 276171
16.3%
3
South Korea
HKD 268035
18.8%
4
Kazakhstan
HKD 265268
19.6%
5
Australia
HKD 264674
19.8%
6
New Zealand
HKD 258516
21.7%
7
Singapore
HKD 254009
23.0%
8
Indonesia
HKD 251602
23.8%
9
Pakistan
HKD 249089
24.5%
10
Japan
HKD 246910
25.2%
11
Malaysia
HKD 242570
26.5%
12
Philippines
HKD 237997
27.9%
13
Vietnam
HKD 228133
30.9%
14
China
HKD 217374
34.1%
15
India
HKD 205416
37.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
HKD 298107
9.7%
1
Puerto Rico
HKD 280672
15.0%
2
Costa Rica
HKD 278287
15.7%
3
Chile
HKD 270554
18.0%
4
Ecuador
HKD 269213
18.4%
5
Panama
HKD 262463
20.5%
6
Colombia
HKD 257027
22.1%
7
Peru
HKD 248204
24.8%
8
Mexico
HKD 243821
26.1%
9
Brazil
HKD 243610
26.2%
10
Uruguay
HKD 228645
30.7%
11
Argentina
HKD 214446
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
HKD 241658
26.8%
1
Angola
HKD 241420
26.8%
2
Kenya
HKD 234933
28.8%
3
Mozambique
HKD 231666
29.8%
4
Ghana
HKD 226037
31.5%
5
Nigeria
HKD 225431
31.7%
6
Ivory Coast
HKD 220904
33.1%
7
Morocco
HKD 217516
34.1%
8
Cameroon
HKD 210487
36.2%
9
Uganda
HKD 209231
36.6%
10
Senegal
HKD 206879
37.3%
11
Zambia
HKD 205217
37.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
HKD 313500
5.0%
1
Qatar
HKD 313500
5.0%
2
Bahrain
HKD 303600
8.0%
3
Oman
HKD 303600
8.0%
4
Saudi Arabia
HKD 297000
10.0%
5
Kuwait
HKD 293700
11.0%
6
Israel
HKD 263220
20.2%
7
Egypt
HKD 249645
24.4%
8
Lebanon
HKD 248969
24.6%
9
Turkey
HKD 193683
41.3%
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.