Hong Kong Tax Calculator 2026/27 | Rates & Tax Table
2026/27 Hong Kong tax rates: 2%, 6%, 10%, 14% then 17% on net chargeable income, versus two-tier standard rates of 15% / 16%. There is no official monthly tax table that replaces the annual assessment.
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Estimated annual salaries tax
Set aside monthly HK$4,691
Income and household
Parents, self-education, housing, VHIS and other deductions
Do not claim both dependent parent/grandparent allowance and residential care expenses for the same person.
Enter only your net out-of-pocket cost for a qualifying course or examination. The deduction is capped at HK$100,000; a payment or receipt alone does not establish eligibility.
Estimated 2026/27 salaries tax
Progressive tax rate; effective rate 9.38%
2026/27 salaries tax table
These bands apply to net chargeable income after deductions and the HK$145,000 basic allowance. There is no official monthly tax table that replaces the annual assessment.
| Net chargeable income | Rate |
|---|---|
| First HK$50,000 | 2% |
| Next HK$50,000 | 6% |
| Next HK$50,000 | 10% |
| Next HK$50,000 | 14% |
| Remainder | 17% |
Two-tier standard rates (from 2024/25)
Applied to net income after deductions, before allowances: 15% on the first HK$5,000,000 and 16% on the remainder. Salaries tax is the lower of this calculation and the progressive table above.
Monthly tax reserve
Net chargeable income
Progressive rates
Standard rate
Mandatory MPF deduction
TVC / QDAP deduction
Estimated tax saved
5.2%
Tax-deduction opportunity checklist
A quick scan of deductions included in this estimate. Family allowances are shown separately from deductions.
- Mandatory MPFIncluded HK$18,000
- TVC / qualifying annuityNot entered
- Self-education expensesNot entered
- Residential care expensesNot entered
- Home-loan interestNot entered
- Domestic rentNot entered
- Qualifying VHIS premiumsNot entered
- Approved charitable donationsNot entered
Self-education: maximum HK$100,000. Use the qualifying amount you paid after employer, government or other reimbursements.
Donations: approved charitable donations must total at least HK$100 and remain subject to the 35% statutory ceiling.
How to read this: The monthly amount is a budgeting reserve, not the Inland Revenue Department's instalment schedule.
Mandatory MPF is estimated from evenly spread annual income; use your actual contribution record when filing.
Hong Kong tax rates 2026/27: the table is annual, not monthly
The tax figure on a payslip is not the same thing as your final Hong Kong salaries-tax assessment. For 2026/27, start with the income for the year, subtract the deductions you can actually support, then apply allowances. There is no official monthly tax table that replaces that annual assessment.
The progressive bands for 2026/27 are 2%, 6%, 10% and 14% on successive HK$50,000 portions of net chargeable income, followed by 17% on the remainder. From 2024/25 the standard-rate calculation is two-tier: 15% on the first HK$5,000,000 of net income and 16% on the remainder. The basic allowance is HK$145,000. The bands apply after deductions and allowances; they are not percentages applied to your gross salary.
The items people most often need to check are mandatory MPF, qualifying deferred annuity premiums and TVC, net self-education expenses, home-loan interest, residential rent, recognised VHIS premiums and donations. Dependent-parent and child allowances are separate from deductions. A cap tells you the maximum, not that every case qualifies.
TVC and qualifying deferred annuity premiums share a HK$60,000 annual deduction ceiling. That is a deduction from income, not a HK$60,000 refund. Home-loan interest and residential-rent deduction also have different eligibility rules, so do not claim both just because both appear in an online checklist.
Enter only figures supported by records. Self-education uses the qualifying net amount after reimbursement and is capped at HK$100,000. Approved donations must total at least HK$100 and remain subject to the statutory 35% ceiling. If you have rental, business or other assessable income, check Personal Assessment separately. The Inland Revenue Department's assessment remains authoritative.
Related guide
Hong Kong Tax Deductions and Filing Checklist
Check self-education, TVC, rent, home-loan interest, VHIS, donations and the records needed for each claim.
Read the guideData status
Year of assessment 2026/27
Tax rates, allowances and deduction caps follow published Inland Revenue Department information.
Income, deductions and household circumstances are user inputs; the result is an estimate, not an assessment.
Does not cover every eligibility condition, cross-border income, double-tax relief, provisional-tax adjustments or IRD discretion.
2026-08-20: Added the HK$100,000 self-education cap and HK$100 donation minimum, and rechecked the deduction breakdown.
References
- 1Salaries Tax rates and allowances(GovHK)
- 2Deduction for self-education expenses and record retention(GovHK)
- 3Salaries Tax(Inland Revenue Department)
Site data last reviewed: 2026-08-09 · The sources above are for reference only; please refer to the latest official announcements from the relevant organisations.
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A useful scenario to try
Use only supported claims for the same year of assessment; a deduction cap is not automatic eligibility.
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Client-side only: All data is calculated on your device and is not uploaded to any server. Results are for reference only and do not constitute professional financial or legal advice.