Take-home pay calculator: Hong Kong
Enter a gross annual salary to estimate salaries tax, MPF (employee share) and what you keep each month and week in Hong Kong. It runs in your browser using the 2026/27 rules below.
Updated 2026-11-01 · Methodology
- Salaries tax
- HK$25,690
- MPF
- HK$18,000
- Effective rate
- 10.4%
Net per year
HK$376,310
Per month
HK$31,359
Per week
HK$7,237
Estimate only — not tax advice.
2026/27 income tax brackets
Net chargeable income (after the HK$145,000 basic allowance)
| Band | 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 | 14.0% |
| Over HK$200,000 | 17% |
- Basic allowance: HK$145,000 (from 2026/27)
- Tax is capped at the standard rate: 15% of net income up to HK$5m, 16% above
MPF (employee share)
- MPF mandatory employee contribution: 5% of monthly income between HK$7,100 and HK$30,000 (max HK$1,500/month), deductible up to HK$18,000 a year
Example salaries
| Gross | Income tax | Contributions | Net / year | Net / month | Effective |
|---|---|---|---|---|---|
| HK$240,000 | HK$2,980 | HK$12,000 | HK$225,020 | HK$18,752 | 6.2% |
| HK$360,000 | HK$15,580 | HK$18,000 | HK$326,420 | HK$27,202 | 9.3% |
| HK$480,000 | HK$35,890 | HK$18,000 | HK$426,110 | HK$35,509 | 11.2% |
| HK$720,000 | HK$76,690 | HK$18,000 | HK$625,310 | HK$52,109 | 13.2% |
| HK$1,200,000 | HK$158,290 | HK$18,000 | HK$1,023,710 | HK$85,309 | 14.7% |
Assumptions
- Single person with no dependants, full year of employment, no other deductions.
- One-off tax reductions announced in each Budget are not included.
Sources (2026/27)
FAQ
How much is take-home pay on HK$420,000 in Hong Kong?
About HK$376,310 a year (HK$31,359 a month) under the 2026/27 rules, after HK$25,690 of income tax and HK$18,000 of MPF (employee share). Effective rate: 10.4%. This is an estimate.
What does this calculator assume?
Single person with no dependants, full year of employment, no other deductions. One-off tax reductions announced in each Budget are not included.
Is this tax advice?
No. It is an estimate from published rates for a typical employee. Your payslip can differ because of other income, credits, reliefs or employer schemes. Check with the tax authority or a qualified adviser.
Related
Not tax advice. Figures are estimates for a single employee with salary income only, based on the published 2026/27 rules. See our methodology.