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🇭🇰 Hong Kong Statutory Tax System HKD

Hong Kong Salary & Take-Home Calculator

Hong Kong salaries tax computed at progressive rates (2% to 17%) with HK$132k allowance or standard rate (15%), plus 5% MPF.

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Enter pre-tax contracted compensation before statutory deductions

HK$
HK$ 0HK$ 70,000HK$ 140,000
Presets:
Estimated Take-Home Paycheck (MONTHLY)
HK$ 30,920

After all statutory taxes (Hong Kong) & mandatory pension levies

Gross EarningsHK$ 35,000
Income Tax- HK$ 2,580
Pension / Social- HK$ 1,500
Effective Rate7.37%
Keep Ratio88.3%Take-Home
Paycheck DistributionMONTHLY
Net Take-Home
HK$ 30,920 (88.3%)
Income Tax (PAYE)
-HK$ 2,580 (7.4%)
Social Security / Pension
-HK$ 1,500 (4.3%)
Gross Pre-Tax SalaryHK$ 35,000

Marginal Tax Bracket Utilization

Layered progressive taxation bands

Statutory
First HK$50,000 (2%) (2%)Assessed: HK$ 1,000
Next HK$50,000 (6%) (6%)Assessed: HK$ 3,000
Next HK$50,000 (10%) (10%)Assessed: HK$ 5,000
Next HK$50,000 (14%) (14.000000000000002%)Assessed: HK$ 7,000
Remainder (17%) (17%)Assessed: HK$ 14,960

Multi-Frequency Paycheck Breakdown

Statutory Conversions
FrequencyGross PayIncome TaxSocial / PensionNet Take-Home
AnnualHK$ 420,000- HK$ 30,960- HK$ 18,000HK$ 371,040
MonthlyHK$ 35,000- HK$ 2,580- HK$ 1,500HK$ 30,920
Bi-WeeklyHK$ 16,154- HK$ 1,191- HK$ 692HK$ 14,271
WeeklyHK$ 8,077- HK$ 595- HK$ 346HK$ 7,135
Daily (260d)HK$ 1,615- HK$ 119- HK$ 69HK$ 1,427
Hourly (2080h)HK$ 202- HK$ 15- HK$ 9HK$ 178
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⚖️ Hong Kong Legal Framework

Administered by Inland Revenue Department (IRD HK) under Inland Revenue Ordinance (Cap. 112).

📊 Official Marginal Tax Brackets (2026)

Taxable Range (HKD) Marginal Rate
First HK$50,000 (2%) 2.0%
Next HK$50,000 (6%) 6.0%
Next HK$50,000 (10%) 10.0%
Next HK$50,000 (14%) 14.0%
Remainder (17%) 17.0%

Frequently Asked Questions about Hong Kong Taxes

Statutory answers regarding PAYE, payroll withholding, and social security.

How is employment income tax calculated in Hong Kong?

Hong Kong salaries tax computed at progressive rates (2% to 17%) with HK$132k allowance or standard rate (15%), plus 5% MPF. The primary tax authority is Inland Revenue Department (IRD HK).

What are the statutory deductions in Hong Kong?

Statutory deductions include income tax and social contributions (Mandatory Provident Fund (MPF): 5.0%).