Finance Calculators (Page 43)
Mortgage, loans, investment returns, salaries tax, savings and more.
Tax Bracket Calculator
Enter your net chargeable income to compute the Hong Kong salaries tax under the progressive rates, the effective rate and the marginal rate, and see the tax in each band.
12-Hour Shift Calculator
Enter the hourly rate, shifts per month, and the normal/overtime hours and multiplier per shift to compute per-shift pay, monthly pay, and monthly total hours.
Sales Tax Calculator
Enter a pre-tax amount and sales tax rate to get the tax due and the tax-inclusive total; or reverse out the embedded tax from a tax-inclusive amount.
VAT Calculator
Enter an amount and the VAT rate to reverse out the embedded VAT from a gross price, or add VAT onto a net amount. Useful for mainland China, EU and UK shopping and cross-border claims.
GST Calculator
Add GST to a pre-tax amount or extract the embedded GST from a gross total — for price comparison in Australia, Singapore, Canada and more.
Standard Rate Tax (Alternative Minimum Tax) Calculator
Estimate the Hong Kong standard-rate alternative minimum tax on net chargeable income, plus effective and marginal rates.
AGI Calculator
Enter gross income and deductible items (MPF, charitable donations, self-education, etc.) to compute Adjusted Gross Income (AGI) and the deduction ratio, mapped to Hong Kong's assessable income concept.
MPF Contribution Calculator
Enter monthly salary to compute mandatory MPF contributions: employee and employer each 5%, with a minimum relevant income of HK$7,100 and a cap at HK$30,000 — compared with the US FICA payroll-tax mechanism.
Child Allowance Tax Saving Calculator
From the number of children and marginal tax rate, estimate the Hong Kong child allowance tax saving (HK$130,000 per child).
Modified Adjusted Gross Income Calculator
Enter gross income, deductions and add-backs to compute AGI and MAGI. MAGI adds back tax-exempt interest and foreign income to AGI for assessing benefit or tax-relief eligibility.
GST/QST Dual-Layer Sales Tax Calculator
From a pre-tax amount and the federal GST and provincial QST/PST rates, compute the two tax layers and the included total — for shopping, online buys or quotes in Canada.
Education Savings Calculator
Enter the future education cost, years to go, expected annual return and current savings to compute the monthly saving needed to fund tuition.