Hong Kong income tax rates for 2026
These are the exact figures this calculator uses, and where each one came from.
How far these figures are verified
Hong Kong has 6 distinct rate or threshold values in use. 6 are confirmed against a primary source. Nothing is unverified.
Income tax bands
| Taxable income | Rate |
|---|---|
| HK$0 – HK$50,000 | 2% |
| HK$50,000 – HK$100,000 | 6% |
| HK$100,000 – HK$150,000 | 10% |
| HK$150,000 – HK$200,000 | 14% |
| HK$200,000 and above | 17% |
A standard deduction of HK$145,000 is subtracted before these bands apply, so the rates above are charged on taxable income rather than gross salary.
Mandatory contributions
| Contribution | Employee rate | Ceiling |
|---|---|---|
| MPF (employee) | 5% | HK$360,000 |
Sources, one per figure
- Salaries tax progressive ratesPrimary source
Confirmed against the tax authority's own publication.
Inland Revenue Department, Hong Kong SAR — PAM 61(e) — Allowances, Deductions and Tax Rate Table (Salaries Tax / Personal Assessment), August 2026 (Section 3 "Calculation of Tax Payable", column "2024/25 and onwards #" (# until superseded): first 50,000 at 2%, next 50,000 at 6%, next 50,000 at 10%, next 50,000 at 14%, remainder 17%.) view sourceChecked 2026-09-30
- Standard rate capPrimary source
Confirmed against the tax authority's own publication.
Inland Revenue Department, Hong Kong SAR — PAM 61(e) — Allowances, Deductions and Tax Rate Table (Salaries Tax / Personal Assessment), August 2026 (Section 3: "at standard rate on your net income (before deduction of the allowances), whichever is lower"; "Two-tiered Standard Rates — On the first $5,000,000 of net income 15%; Remainder 16%" (2024/25 and onwards, until superseded).) view sourceChecked 2026-09-30
- Basic allowancePrimary source
Confirmed against the tax authority's own publication.
Inland Revenue Department, Hong Kong SAR — PAM 61(e) — Allowances, Deductions and Tax Rate Table (Salaries Tax / Personal Assessment), August 2026 (Section 1 "Allowances": Basic Allowance 132,000 for "2024/25 and 2025/26", 145,000 for "2026/27 and onwards #". Cross-checked: IRD 2026-27 Budget – Tax Measures page ("From 2026/27 onwards" 145,000; passed 13 May 2026, gazetted 22 May 2026) and Budget Speech para. 280(a) "increasing the basic allowance ... from $132,000 to $145,000".) view sourceChecked 2026-09-30
- One-off tax reduction (none announced for 2026/27)Primary source
Confirmed against the tax authority's own publication.
Inland Revenue Department, Hong Kong SAR — PAM 61(e) — Allowances, Deductions and Tax Rate Table (Salaries Tax / Personal Assessment), August 2026 (Section 3 "Tax Reduction" table lists years 2020/21 through 2025/26 only; last row "2025/26 100% 3,000". No reduction is listed for 2026/27. Cross-checked: IRD 2026-27 Budget – Tax Measures page and Budget Speech para. 279(c) both apply the 2026-27 Budget reduction to "the year of assessment 2025/26".) view sourceChecked 2026-09-30
- MPF (employee)Primary source
Confirmed against the tax authority's own publication.
Mandatory Provident Fund Schemes Authority (MPFA) — Mandatory contributions — Employees (Page last reviewed 30/04/2026. 5% of relevant income; monthly minimum relevant income $7,100 ("No contribution is required" below it); monthly maximum relevant income $30,000; maximum monthly employee contribution $1,500.) view sourceChecked 2026-09-30
- MPF deduction limitPrimary source
Confirmed against the tax authority's own publication.
Inland Revenue Department, Hong Kong SAR — PAM 61(e) — Allowances, Deductions and Tax Rate Table (Salaries Tax / Personal Assessment), August 2026 (Section 2 "Deductions – Maximum Limits": "Mandatory Contributions to Recognized Retirement Schemes" 18,000 for "2026/27 and onwards #". Cross-checked: Budget Supplement 2 "Contributions to Recognised Retirement Schemes 18,000 → 18,000".) view sourceChecked 2026-09-30
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