MundoKit

Hong Kong salaries tax calculator

Enter annual assessable salary and your eligible deductions and allowances for 2026/27. See the lower of progressive and standard tax, plus a monthly reserve.

Inputs
HKD
2026/27: 1 April 2026 to 31 March 2027. Include taxable bonuses and benefits.
Maximum preset assumes 12 fully contributing months at HK$1,500 each. Use actual contributions for new or irregular employment, lower monthly earnings or contribution holidays.
HKD
Enter only eligible amounts after their individual limits, excluding MPF entered above. Other deduction eligibility and limits are not calculated here.
HKD
Default is the 2026/27 basic allowance only. Replace with your complete eligible allowance total; do not add the basic allowance twice.

Results

Annual salaries tax before any reduction
HK$18,890.00
Monthly tax reserve (annual ÷ 12)
HK$1,574.17
Progressive-rate calculation
HK$18,890.00
Standard-rate calculation
HK$54,300.00
2026/27 calculation
StepHKD
Assessable salaryHK$380,000.00
Mandatory MPF deductionHK$18,000.00
Other allowable deductionsHK$0.00
Net income before allowancesHK$362,000.00
AllowancesHK$145,000.00
Net chargeable incomeHK$217,000.00
  • Progressive rates give the lower liability. No one-off tax reduction is applied for 2026/27.
  • The monthly reserve is a budgeting average, not payroll withholding or a provisional-tax instalment. This tool does not forecast the tax bill, subtract tax already paid or compare joint assessment.

Results update as you type. The share link stores your inputs after the # in the address, which is not sent to our server, but anyone you send it to can read them.

This is a general estimate for information only, not tax, legal or financial advice. Real rules have more conditions than a calculator can show, so check the official source below or a qualified professional for your situation.

Last checked 2026-11-14. Rules change, sometimes at short notice. We list the date we last checked each official source; confirm with the official government source before you travel, buy or file. This is general information, not legal or immigration advice.

How it works

Subtract deductions from assessable income. For progressive tax, also subtract allowances, flooring the result at zero. The first four HK$50,000 bands have rates of 2%, 6%, 10% and 14%; the remainder is taxed at 17%. Standard tax instead uses income after deductions but before allowances: 15% on the first HK$5 million and 16% thereafter. Pay the lower result.

Monthly reserve = min(progressive tax, standard tax) ÷ 12

The default allowance is HK$145,000 for 2026/27. Replace it with your verified total where needed. The default MPF preset deducts HK$18,000 for an employee contributing the HK$1,500 maximum in all 12 months. Mandatory contributions are 5% subject to relevant-income limits. Use actual mandatory contributions for irregular employment or lower earnings, or select exempt. Actual contributions are capped at HK$18,000; ordinary voluntary contributions are excluded. Enter other eligible deductions separately. No one-off reduction is assumed for 2026/27. Calculations retain intermediate precision and display two decimals; this is a reserve estimate rather than an assessment notice.

Worked examples

HK$380,000 salary and basic allowance

With HK$18,000 mandatory MPF deduction and HK$145,000 allowance, chargeable income is HK$217,000. Progressive tax is HK$16,000 + 17% × HK$17,000 = HK$18,890. Standard tax is HK$54,300. The annual estimate is HK$18,890 and the monthly reserve is HK$1,574.17.

IRD published high-income method check

Select exempt / no additional MPF deduction to reproduce the already-net income. The Brief Guide example has net income of HK$6,973,000 and declared allowances of HK$574,000. Progressive tax is HK$1,069,830; standard tax is HK$1,065,680, which wins. These historical allowance inputs reproduce the published pre-reduction example, not an automatic 2026/27 allowance claim.

Frequently asked questions

Why does the calculator compute tax twice?
IRD charges progressive tax after allowances or standard tax before allowances, whichever is lower.
Does the HK$3,000 Budget reduction apply here?
That reduction applies to 2025/26 final tax. This tool estimates 2026/27 before any year-specific tax reduction.
Is the monthly reserve my provisional-tax instalment?
No. It is annual liability divided by 12. A bill can include final and provisional tax and credits for previous payments; these are not forecast here.
Are allowances the same as deductions?
No. Deductions reduce income for both calculations. Allowances reduce only the progressive calculation.
Can I compare separate and joint assessment?
No. This is one salary-tax computation with declared totals. Use the IRD calculator for marital assessment choices and eligibility checks.

Sources

Last reviewed 2026-11-14; next review due by 2027-01-15. The method is written out above so you can check our math.