Calculators / Salary after tax / Hong Kong
Hong Kong salary after tax calculator
Work out your take-home pay in Hong Kong: salaries tax and MPF.
Your take-home pay
HK$27,202 a month
HK$326,420 a year, from HK$360,000 before tax
- Total deductions
- HK$33,580
- Share of pay deducted
- 9.3%
- Deducted from your next HK$1,000
- 14%
| Item | Per year | Per month |
|---|---|---|
| Salary before tax | HK$360,000 | HK$30,000 |
| Salaries taxProgressive rates | −HK$15,580 | −HK$1,298 |
| MPF mandatory contribution | −HK$18,000 | −HK$1,500 |
| Take-home pay | HK$326,420 | HK$27,202 |
Take-home pay at common salaries
Single employee, tax year 2026/27.
| Salary before tax, a year | Take-home pay, a year | Take-home pay, a month | Share deducted |
|---|---|---|---|
| HK$180,000 | HK$170,480 | HK$14,207 | 5.3% |
| HK$270,000 | HK$251,350 | HK$20,946 | 6.9% |
| HK$360,000 | HK$326,420 | HK$27,202 | 9.3% |
| HK$540,000 | HK$475,910 | HK$39,659 | 11.9% |
| HK$720,000 | HK$625,310 | HK$52,109 | 13.2% |
| HK$1,080,000 | HK$924,110 | HK$77,009 | 14.4% |
Is it enough to live on?
What one person renting in the centre spends in a month, and the salary before tax that just covers it, with nothing left to save.
| City | Monthly costs | Salary needed, a year | |
|---|---|---|---|
| Hong Kong | HK$25,894 | HK$340,789 | Moving cost |
Living costs come from prices people report on this site. How they're calculated
How it's calculated
Included
- Salaries tax: the lower of progressive rates (after the HK$145,000 basic allowance) and the standard rate
- Employee MPF mandatory contribution (5%, up to HK$1,500 a month), which is also deductible
Not included
- Other allowances and deductions
- Any one-off tax reduction announced in a future budget
Rates used
Salaries tax progressive rates, 2026/27
| Net chargeable income | Rate |
|---|---|
| Up to HK$50,000 | 2% |
| HK$50,000 to HK$100,000 | 6% |
| HK$100,000 to HK$150,000 | 10% |
| HK$150,000 to HK$200,000 | 14% |
| Over HK$200,000 | 17% |
Applied to net chargeable income: income minus deductions (such as MPF) and the HK$145,000 basic allowance.
Standard rate, 2026/27
| Net income (no allowances) | Rate |
|---|---|
| First HK$5,000,000 of net income | 15% |
| Above HK$5,000,000 | 16% |
You pay whichever is lower: progressive rates or the standard rate.
Mandatory Provident Fund
| Monthly income | Employee pays |
|---|---|
| Monthly income below HK$7,100 | No employee contribution |
| HK$7,100 to HK$30,000 a month | 5% |
| Above HK$30,000 a month | HK$1,500 a month |
Sources and tax year
Tax year: 2026/27. Rates last checked on 19 October 2026. The tax year runs from 1 April to 31 March. Allowances and one-off reductions are announced in the February budget.
- GovHK: salaries tax rates and allowances
- 2026-27 Budget: basic allowance raised to HK$145,000
- MPF: mandatory contribution limits
Questions
How much is HK$360,000 after tax in Hong Kong?
With 2026/27 rates, a salary of HK$360,000 a year gives take-home pay of about HK$326,420 a year, or HK$27,202 a month, for a single employee. That is after salaries tax, mpf mandatory contribution.
Which tax year does this calculator use?
2026/27. We last checked every rate on this page against the sources listed below on 19 October 2026. The tax year runs from 1 April to 31 March. Allowances and one-off reductions are announced in the February budget.
What does the calculator leave out?
Other allowances and deductions. Any one-off tax reduction announced in a future budget. It assumes one employee, single, tax resident, with salary as the only income.
When do I pay salaries tax?
Salaries tax is not taken from your monthly pay. You receive a tax bill after the year ends, usually with a provisional payment for the next year, so set the money aside.
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