🇭🇰 Hong Kong: 2026 income tax & take-home pay
Hong Kong taxes only Hong Kong-source income at progressive rates of 2%–17%, or a flat 15% standard rate — whichever is lower.
Hong Kong taxes only Hong Kong-source income at progressive rates of 2%–17%, or a flat 15% standard rate — whichever is lower. The Mandatory Provident Fund requires 5% contributions from both employee and employer, capped at HKD 1,500/month each. No capital gains tax, no VAT, no inheritance tax.
Last reviewed: · Source: www.ird.gov.hk
Key Facts — 2026
- →Salaries tax: 2%–17% progressive (standard tax); or flat 15% on net income if lower.
- →Territorial taxation: only Hong Kong-source income is taxed.
- →MPF (pension): 5% employee + 5% employer, capped at HKD 1,500/month each.
- →No capital gains tax, no GST/VAT, no inheritance tax.
- →Effective rate at HKD 1M (≈ USD 128k) income: approximately 12–14%.
- →Basic and additional allowances reduce taxable income significantly for residents.
Top Rate
17%
Effective @ $100k
12%
Taxation Basis
Territorial
Income Tax Brackets (2026)
| Income from (HKD) | Income to (HKD) | Rate |
|---|---|---|
| 0 | HKD 50,000 | 2% |
| 50,001 | HKD 100,000 | 6% |
| 100,001 | HKD 150,000 | 10% |
| 150,001 | HKD 200,000 | 14% |
| 200,001 | No limit | 17% |
Social Contributions (2026)
| Contribution | Payer | Rate | Cap (HKD) |
|---|---|---|---|
| Mandatory Provident Fund (employee) | employee | 5% | 18,000 |
| Mandatory Provident Fund (employer) | employer | 5% | 18,000 |
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This page is for informational and planning purposes only — not tax advice. Tax laws change frequently; always verify with a qualified tax professional or the national tax authority. Data accuracy target: 90%+ for a single filer with no dependents. See our methodology for sources and limitations.