Hong Kong Salaries Tax & Net Income Calculator
Calculate your Hong Kong personal Salaries Tax and net take-home pay under the Inland Revenue Ordinance. Automatically compares progressive tax bands (2% to 17%) against the standard tax rate system and accounts for personal allowances and MPF deductions.
Annual Income & Tax Allowances
Progressive Tax Bracket Assessment
| Net Chargeable Bracket | Tax Rate | Tax (HKD) |
|---|---|---|
| First HK$50,000 | 2% | HK$1,000 |
| Next HK$50,000 (50k - 100k) | 6% | HK$3,000 |
| Next HK$50,000 (100k - 150k) | 10% | HK$5,000 |
| Next HK$50,000 (150k - 200k) | 14% | HK$7,000 |
| Remainder exceeding HK$200,000 | 17% | HK$64,240 |
| Net Salaries Tax Payable | Total | HK$80,240 |
Chartered Systems Engineer, specialist in legal engineering and financial computation automation. Verified compliant with Hong Kong Inland Revenue Department guidelines, MPFA statutory requirements, and Stamp Duty Ordinance provisions.
Frequently Asked Questions & Hong Kong Statutory Provisions
How does the dual computation system work for Hong Kong Salaries Tax? ▼
Under the Inland Revenue Ordinance, the IRD calculates tax liability under two separate methods and charges the lower of the two: 1) Progressive Rates (2%, 6%, 10%, 14%, 17%) applied to Net Chargeable Income (Gross Income minus Deductions minus Personal Allowances); or 2) Standard Rate (15% on first HK$5M, 16% on excess under 2024/25 Budget) applied to Net Income (Gross Income minus Deductions, but with NO personal allowances).
What are the standard progressive tax brackets for Salaries Tax? ▼
The progressive tax bands for Net Chargeable Income are: First HK$50,000 at 2%; Next HK$50,000 at 6%; Next HK$50,000 at 10%; Next HK$50,000 at 14%; and the remainder exceeding HK$200,000 at 17%.
What is the statutory Basic Allowance for single and married individuals? ▼
For single taxpayers, the statutory Basic Allowance is HK$132,000 per year. For married individuals (Married Person's Allowance), it is HK$264,000. In addition, Child Allowance is HK$130,000 per child (plus an additional HK$130,000 in the year of birth), and Dependent Parent Allowance is HK$50,000.
How is mandatory MPF contribution deducted from Salaries Tax? ▼
Employees are entitled to a mandatory tax deduction for their 5% MPF employee contributions up to a statutory ceiling of HK$18,000 per year of assessment.
What are the provisional salaries tax rules? ▼
In Hong Kong, you pay tax for the preceding year (final tax) and in advance for the current year (provisional tax) in two installments (typically in January and April of the following calendar year).
Official Statutory Tool for Hong Kong SAR • Compliant with IRD, MPFA, Rating & Valuation Department Regulations • Zero external telemetry.
📊 Hong Kong Inland Revenue Department (IRD) & MPF Matrix
| Statutory Component / Legal Deduction Item | Calculated Amount (HKD) |
|---|---|
| Primary Net / Statutory Payable Amount | HK$ 0.00 |
Engr. Muhammad Shahzad
Principal Financial Systems Architect & Hong Kong Special Administrative Region Fiscal Systems Architect
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.