Salary calculator HK

Your employer takes only MPF from your monthly pay. Salaries tax is not withheld in Hong Kong. The IRD assesses it once a year after you file your return, and collects it in two instalments together with provisional tax for the next year. We show the yearly tax as a monthly amount so you can see what you really keep.

MPF is 5 % of your relevant income from you and 5 % from your employer, on income up to $30,000 a month. So the most you pay is $1,500 a month. If you earn less than $7,100 a month, you pay nothing and only your employer contributes. Your MPF is tax deductible up to $18,000 a year. The MPFA is reviewing the $7,100 and $30,000 levels, but no change has been made, so we use them for both years.

For salaries tax, we take 12 months of pay, subtract your MPF and then your allowances. For 2026/27 the basic allowance is $145,000, the married person's allowance $290,000 and the child allowance $140,000 per child and the allowance for a dependent parent aged 60 or above $55,000, doubled if they live with you. For 2025/26 they were $132,000, $264,000, $130,000 and $50,000. The rest is taxed at 2 %, 6 %, 10 % and 14 % on each $50,000, then 17 %. You never pay more than the standard rate on your income after MPF: 15 % on the first $5 million and 16 % above.

For 2025/26 the government cut the final tax by 100 %, up to $3,000 per person. We show it as its own line under the tax. No reduction has been announced for 2026/27. It would come with the 2027-28 Budget.

How much is $30,000 a month after MPF and tax?

For a single person, MPF is $1,500 a month. Salaries tax for 2026/27 is $15,580 for the year, or $1,298.33 a month, so you keep $27,201.67. For 2025/26 the tax was $14,700 after the $3,000 reduction.

Why is tax not taken from my salary every month?

Hong Kong has no monthly withholding. You receive a tax return in early May, file it within a month, and the IRD sends a demand note. You usually pay in January and April, which includes provisional tax for the current year.

When does the standard rate apply?

Only at high incomes. For 2026/27 a single person with no deductions reaches it at $2,132,500 a year. Above that, tax is 15 % of income after deductions, and 16 % on the part above $5 million.

What does the calculator leave out?

Bonuses, housing benefits, deductions such as self-education, home loan interest, voluntary MPF, qualifying annuity premiums and VHIS, the extra child allowance in the years after birth, and allowances for siblings, disabled dependants or parents aged 55 to 59. It assumes you work in Hong Kong for the whole year.

• www.gov.hk/en/residents/taxes/taxfiling/taxrates/salariesrates.htm
• www.ird.gov.hk/eng/tax/budget.htm
• www.mpfa.org.hk/en/mpf-system/mandatory-contributions/employees
• www.gov.hk/en/residents/taxes/salaries/allowances/deductions/mpf.htm
• www.mpfa.org.hk/en/info-centre/press-releases/20260308