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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 earnings before statutory deductions

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

After all national taxes (Hong Kong) & mandatory social security

Gross EarningsHK$ 35,000
Income Tax- HK$ 2,580
Pension / Social- HK$ 1,500
Effective Tax Rate7.37%
Take-Home88.3%Keep Ratio
Net Take-Home Pay
30,920 (88.3%)
Income Tax (PAYE)
- 2,580 (7.4%)
Social / Pension
- 1,500 (4.3%)
Total Gross Salary 35,000

Multi-Frequency Paycheck Conversion Table

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

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%).