Hong Kong Salaries Tax Calculator
Enter your annual income, allowances and deductions. The calculator applies the progressive and standard rates (whichever is lower) and deducts the 100% tax rebate to estimate your Hong Kong Salaries Tax.
Input Data
Results
At a glance:Hong Kong Salaries Tax = min(progressive tax, standard tax) − 100% tax rebate (cap HK$3,000). Net chargeable income = income − allowances (basic 132,000; married 264,000; 130,000 per child; 50,000 per dependent parent aged 60+) − deductions (MPF cap 18,000, etc.). The progressive tax charges every HK$50,000 slice at 2%, 6%, 10%, 14%, and 17% on the amount above 200,000. The standard rate charges net income (allowances only) at 15% on the first HK$5M and 16% above. This calculator gives an estimate; the actual assessment follows the IRD notice of assessment.
Formula
Net chargeable = income − allowances − deductions
Progressive tax = Σ(each HK$50k slice × rate)
Standard tax = net income × 15% (first 5M) / 16% (above)
Tax payable = min(progressive, standard) − rebate (cap 3,000)
$$N = I - A - D$$$$T_p = \sum b_i r_i$$$$T_s = 0.15\,N\ (\le 5M)\ /\ 0.16\,N$$$$T = \min(T_p, T_s) - R$$How to Use
- Enter your annual income (HK$).
- Select marital status and fill in child / parent allowances.
- Enter MPF and other tax-deductible expenses.
- The calculator outputs the progressive, standard and final tax payable.
Case Studies
Single, moderate income
500,000, single, no children, deduction 18,000.
Net chargeable 350,000; progressive tax ≈ 32,500; payable ≈ 29,500 (after rebate).
Married with two children
800,000, married, 2 children, deduction 18,000.
Allowances 524,000; net 258,000; progressive ≈ 20,640; payable ≈ 17,640.
FAQ
Why take the lower of the two?
The tax law provides that Salaries Tax is charged at the lower of the progressive rates and the standard rate, protecting the taxpayer.
Is the rebate given every year?
The government often grants a one-off tax rebate in the Budget (100%, cap HK$3,000 for 2025/26). It varies each year; please refer to the latest Budget.
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References
Content review: Calculatorism Finance Team. Results are for reference only; please refer to the relevant authorities for the official figures.