Hong Kong Salaries Tax Calculator
Calculated for the 2026/27 year of assessment, including personal allowances and deductions for MPF TVCs, home-loan interest, domestic rent and VHIS premiums.
Earnings, deductions, and allowances
Estimated tax payable
UsingProgressive tax rate, effective tax rate approx. 9.89%
Progressive rate tax
Standard rate tax
Approx. quarterly tax payment
Net taxable income
Basic/Married Allowance
Child/parent allowance
Total Deductions
Tax saved from deductions
No additional deductions
Tax deduction tips:MPF TVC cap of HK$60,000, residential rent deduction cap of HK$100,000, residential loan interest cap of HK$100,000, VHIS per policy cap of HK$8,000. Leveraging deductions can significantly reduce taxes.
Without deductions, estimated tax would be HK$59,350; current deductions and exemptions reduce tax by HK$0.
2026/27 allowances: basic HK$145,000, married person's HK$290,000 and HK$140,000 per child. Parent/grandparent allowances depend on age and whether the dependant lived with you throughout the year.
Understanding Hong Kong Salaries Tax
Salaries Tax is one of Hong Kong's main taxes, levied on income from office, employment or pension in Hong Kong. Hong Kong's tax system is based on the territorial source principle, so only income arising in or derived from Hong Kong is taxable. Salaries Tax uses progressive tax rates, while the standard tax rate is two-tiered (from 2024/25: 15% on the first HK$5 million and 16% on the remainder). The progressive rates range from 2% to 17%, and the Inland Revenue Department charges whichever is lower.
Every taxpayer is entitled to a basic allowance. From the 2026/27 year of assessment the basic allowance is HK$145,000, and the married person's allowance is HK$290,000. In addition, depending on personal circumstances you can claim deductions for dependent parents, children, disabled dependants, MPF contributions, approved charitable donations, continuing education expenses, medical insurance and residential rent. Making good use of these deductions can effectively reduce assessable income and tax. For Hong Kong employees, it is important to organise the relevant receipts and supporting documents carefully when filing tax returns each year.
HK FinBox 的香港薪俸稅計算機，讓你輸入全年入息、各項免稅額及扣稅項目，估算應繳薪俸稅金額。計算機會比較標準稅率與累進稅率，並顯示較低者，幫助你做好稅務規劃。
Keep all receipts and documents related to tax deductions for at least seven years in case the Inland Revenue Department asks to see them. In addition, Qualifying Deferred Annuity Policies and MPF Tax Deductible Voluntary Contributions (TVC) offer extra tax deductions and are worth considering for middle and high-income earners. The Inland Revenue Department issues tax returns every year, so file and pay on time to avoid late penalties.
References
- 12026/27 Year of Assessment Salaries Tax Allowances and Tax Rates(GovHK)
- 2Introduction to Salaries Tax(Inland Revenue Department)
- 32026/27 Budget Tax Measures(Inland Revenue Department)
Rules and links last reviewed: 26 July 2026 · The sources above are for reference only; please refer to the latest official announcements from the relevant organisations.
FAQs
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Client-side only: All data is calculated on your device and is not uploaded to any server. Results are for reference only and do not constitute professional financial or legal advice.