hong kong salary tax calculator - Aaron Graves, PhDude Replica

Estimate Your Hong Kong Salaries Tax

Enter your annual income details below. This calculator compares progressive rates with the standard rate (15%) and uses the lower result.

Annual Salary Income (HK$)

Bonus / Commission / Other Employment Income (HK$)

Auto-calculate MPF deduction (5%, capped at HK$18,000)

MPF Deduction (HK$)

Uncheck auto-calculate if you want to enter a manual MPF deduction.

Other Allowable Deductions (HK$)

Example: approved charitable donations, self-education, home loan interest (subject to Inland Revenue rules).

Marital Status Allowance

Number of Eligible Children

Calculator uses HK$130,000 per child allowance.

Additional Personal Allowances (HK$)

Optional manual amount for other eligible allowances.

Enter your numbers and click Calculate Tax.

How Hong Kong Salaries Tax Is Calculated

Hong Kong salaries tax is generally simple compared with many other tax systems. The Inland Revenue Department calculates tax under two methods and you pay whichever is lower:

Progressive rates on your net chargeable income
Standard rate (15%) on your net income

Your net chargeable income is your assessable income after deductions and personal allowances. This structure means many taxpayers benefit from allowances and pay less than the standard rate calculation.

Rates Used in This Calculator

This hong kong salary tax calculator uses a common salaries tax progressive structure:

First HK$50,000 at 2%
Next HK$50,000 at 6%
Next HK$50,000 at 10%
Next HK$50,000 at 14%
Remainder at 17%

It also compares your progressive tax result against a 15% standard rate and selects the lower amount as estimated tax payable.

Allowances and Deductions Included

1) Personal allowance

You can choose between basic allowance (single) or married person’s allowance. This directly reduces net chargeable income for the progressive method.

2) Child allowance

The calculator applies a per-child allowance amount for each eligible child entered.

3) MPF and other deductions

Mandatory MPF contributions can reduce taxable income (subject to cap). If auto mode is enabled, the calculator computes 5% of employment income capped at HK$18,000. You can also include other deductions manually.

How to Use This hong kong salary tax calculator

Enter your annual salary and bonus/other employment income.
Keep MPF auto mode on, or enter your own MPF amount.
Add other allowable deductions if applicable.
Select marital status and enter number of eligible children.
Include any additional allowances if needed.
Click Calculate Tax to view tax payable, effective tax rate, and monthly estimate.

Example Scenarios

Single employee with moderate income

A taxpayer earning HK$360,000 salary with no children will usually pay tax under progressive rates after deducting MPF and basic allowance.

Family with child allowances

If income is similar but the taxpayer has children and eligible allowances, net chargeable income can be significantly lower, reducing progressive tax further.

Important Notes

This tool is an estimate for planning only.
Actual tax outcomes depend on your full facts and official assessment.
Tax rules and allowance amounts may change by assessment year.
For filing decisions, always check current Inland Revenue Department guidance or a qualified tax advisor.