Hong Kong Income Tax Calculator 2026
Calculate your exact net salary in Hong Kong after Salaries Tax (progressive) or Standard Rate 15% — lower applies and social security. All 5 tax brackets. Updated Q1 2026.
Your employer pays an additional HK$2,500 (5.0% of gross). Total employment cost = HK$52,500.
How income tax works in Hong Kong
Income tax in Hong Kong is administered by the Inland Revenue Department (IRD) under Salaries Tax (progressive) or Standard Rate 15% — lower applies. MPF mandatory pension: employee 5% (capped HKD 1,500/month), employer 5%. No GST/VAT. Brackets in HKD.
Hong Kong uses a progressive schedule of 5 brackets: each slice of income is taxed at the rate of the band it falls in — not your highest rate applied to the whole salary. Social security (5.0% of gross) is deducted first; income tax is then applied to the remainder band-by-band.
Hong Kong pays salaries across 12 monthly instalments.
Key tax dates in Hong Kong
| Event | Date / Note |
|---|---|
| Tax year start | 1 January |
| Tax year end | 31 December |
| Filing deadline | June (following year) |
| Withholding regime | Salaries Tax (progressive) or Standard Rate 15% — lower applies |
Deductions and allowances
- ·Basic allowance HKD 132,000
- ·Married allowance HKD 264,000
- ·Child allowance HKD 130,000
- ·Self-education (cap HKD 100,000)
- ·Home loan interest
MPF mandatory pension: employee 5% (capped HKD 1,500/month), employer 5%. No GST/VAT. Brackets in HKD.
Special tax regimes
Standard rate cap: if progressive tax exceeds 15% of net income, flat 15% applies. No SS for employees (MPF 5% each).
Read full guide →All 5 brackets for 2026
| # | Income Range (HK$) | Marginal | Effective at Top |
|---|---|---|---|
| 01 | HK$0 — HK$50,000 | 2% | 6.9% |
| 02 | HK$50,000 — HK$100,000 | 6% | 8.7% |
| 03 | HK$100,000 — HK$150,000 | 10% | 10.5% |
| 04 | HK$150,000 — HK$200,000 | 14.0% | 12.3% |
| 05 | HK$200,000 — ∞ | 17% | — |
Source · Inland Revenue Department (IRD) · Data updated Q1 2026
Frequently asked
What is the income tax rate in Hong Kong?+
Hong Kong applies progressive Salaries Tax (progressive) or Standard Rate 15% — lower applies rates from 2.0% on the lowest band up to 17.0% on the highest, across 5 brackets in 2026.
How much social security do you pay in Hong Kong?+
Employees pay 5.0% of gross salary as social security. MPF mandatory pension: employee 5% (capped HKD 1,500/month), employer 5%. No GST/VAT. Brackets in HKD.
What is the Salaries Tax (progressive) or Standard Rate 15% — lower applies personal allowance in Hong Kong?+
The main allowances are: Basic allowance HKD 132,000; Married allowance HKD 264,000. See §03 for the full list.
When do you file taxes in Hong Kong?+
The filing deadline in Hong Kong is June (following year). Tax year runs 1 January to 31 December.
How much take-home pay on HK$360,000 gross in Hong Kong?+
On a HK$360,000 gross salary the effective rate is 16.2%, leaving approximately HK$301,860 net per year — about HK$25,155 per month across 12 payments. (For reference: HK$50,000 gross nets HK$46,550.)
Does Hong Kong have any special tax regimes for expats?+
Standard rate cap: if progressive tax exceeds 15% of net income, flat 15% applies. No SS for employees (MPF 5% each).
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