Hong Kong tax: key insights
- Tax year & currency
- 2026/27 · HKD
- Supported coverage
- Single resident · continuing MPF · HKD30,000+/month
- Scenario detail 1
- 1 April 2026–31 March 2027. Single resident age 30 in employment continuing from before the assessment year, fully enrolled in MPF, twelve equal monthly cash wages at least HKD30,000. No contribution holiday, dependants, benefits, overseas services, voluntary contributions or other deductions. Annual liability, not a combined final-plus-provisional bill.
- Scenario detail 2
- Employee MPF HKD1,500 monthly, deductible before salaries tax. Basic allowance HKD145,000. Tax is the lower of progressive tax after allowance and standard tax before allowance: 15% to HKD5m, 16% thereafter. The HKD3,000 tax reduction applies to 2025/26, not this period.
Hong Kong salary & tax FAQs
Sources & accuracy notes
Global Tax Calculator editorial · Content checked against the current model on 7 November 2026. Source publication dates and legal effective dates are separate. No licensed professional review is claimed.
- IRD · enacted 2026/27 budget measures
- IRD · 2026/27 basic allowance
- IRD · official tax-rate data
- MPFA · employee contributions
- IRD · deduction limits
Tax residence, additional jobs, benefits and personal reliefs can change your liability. Consult a qualified adviser for decisions that depend on your actual tax position.