{"id":989,"date":"2025-04-10T10:53:56","date_gmt":"2025-04-10T02:53:56","guid":{"rendered":"https:\/\/www.mnnbus.com\/?p=989"},"modified":"2026-03-17T17:04:38","modified_gmt":"2026-03-17T09:04:38","slug":"salaries-tax-2025-hk-guide","status":"publish","type":"post","link":"https:\/\/www.mnnbus.com\/en\/blog\/salaries-tax-2025-hk-guide\/","title":{"rendered":"Personal Allowance Calculation\/Tax Rates\/Tax Payment Methods"},"content":{"rendered":"
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salaries tax<\/span>What do you think?<\/span>How much of your annual salary is taxable?<\/span>? Basically.<\/span>Tax Allowance<\/span>How many? What if there are family, children or other tax deductions? In this article, we'll take a step-by-step look at Hong Kong's tax deductions.<\/span>Salaries tax rate<\/span>Whether you are a wage earner or a novice filing tax return for the first time, you can easily master the practical tax calculation skills and avoid overpayment of tax by making accurate calculations.<\/span><\/p>

What is<\/span>salaries tax<\/span>\uff1f<\/span><\/h2>

If employed and performing duties in Hong Kong with an income exceeding<\/span>Tax Allowance<\/span>In the case of a taxable year, the taxpayer is required to pay a taxable amount of HK$1,000,000 for the year of assessment.<\/span>salaries tax<\/span>\u3002<\/span><\/p>

For the current tax year<\/span>Personal Basic Allowance<\/span>\u70ba<\/span>HK<\/span>$132,000, if your annual salary exceeds this amount, you will receive a tax bill. The actual amount of tax payable will depend on how much tax relief you are entitled to, as explained in more detail below.<\/span><\/p>

When will I receive my tax return?<\/span><\/h2>

The Inland Revenue Department (IRD) normally issues tax returns on the first working day of May each year.<\/span><\/p>

Calculation of Salaries Tax<\/span>Teaching<\/span><\/h2>

Hong Kong<\/span>salaries tax<\/span>There are two types<\/span>Calculation<\/span>The method is to use a graduated scale based on the taxable income for the year of assessment.<\/span>tax rate<\/span>or on the basis of net income, in accordance with standardized<\/span>tax rate<\/span>Calculation. The lower of the two options will be selected for collection of the duty<\/span><\/p>

1. Progressive<\/span>duty rate
<\/span><\/h3>

If you choose to press the Progressive<\/span>tax rate<\/span>Taxation will be based on the actual amount of your taxable income and will be calculated on a progressive basis.<\/span>tax rate<\/span>Calculate.<\/span><\/p>

The actual amount of chargeable income is calculated as follows:<\/b><\/p>

Actual taxable income = Total income - Total deductions - Total allowances<\/span><\/p>

Accumulation for the year<\/b>tax rate<\/b>For:<\/b><\/p>

Actual taxable income<\/b><\/p><\/td>

tax rate<\/b><\/p><\/td>

tax payments<\/b><\/p><\/td><\/tr>

First HK$50,000<\/span><\/p><\/td>

2%<\/span><\/p><\/td>

HK$1,000<\/span><\/p><\/td><\/tr>

Subsequently HK$5 million<\/span><\/p><\/td>

6%<\/span><\/p><\/td>

HK$3,000<\/span><\/p><\/td><\/tr>

Subsequently HK$5 million<\/span><\/p><\/td>

10%<\/span><\/p><\/td>

HK$5,000<\/span><\/p><\/td><\/tr>

Subsequently HK$5 million<\/span><\/p><\/td>

14%<\/span><\/p><\/td>

HK$7,000<\/span><\/p><\/td><\/tr>

Balance<\/span><\/p><\/td>

17%<\/span><\/p><\/td>

Depends on income<\/span><\/p><\/td><\/tr><\/tbody><\/table>

2. Standards<\/span>duty rate<\/span><\/h2>

If you choose to follow the standard<\/span>tax rate<\/span>For tax purposes, it will be based on your net income, multiplied by the standard<\/span>tax rate<\/span>To do the math.<\/span><\/p>

Net income is calculated as follows:<\/b><\/p>