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🇭🇰 Hong Kong Statutory Tax Guide

Hong Kong Tax Brackets & Rates (2026)

Comprehensive statutory tax rates, withholding thresholds, social contributions, and deduction rules governed by Inland Revenue Department (IRD HK).

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📜 Statutory Authority & Legal Framework

In Hong Kong, personal income taxation is administered by the Inland Revenue Department (IRD HK) under the authority of Inland Revenue Ordinance (Cap. 112).

Hong Kong salaries tax computed at progressive rates (2% to 17%) with HK$132k allowance or standard rate (15%), plus 5% MPF.

📊 2026 Progressive Marginal Tax Brackets

Currency: HKD
Income Bracket (HK$) Marginal Tax Rate Bracket Type
First HK$50,000 (2%) 2.0% Tier 1
Next HK$50,000 (6%) 6.0% Tier 2
Next HK$50,000 (10%) 10.0% Tier 3
Next HK$50,000 (14%) 14.0% Tier 4
Remainder (17%) 17.0% Tier 5

🛡️ Mandatory Social Security & Pension Contributions

Mandatory Provident Fund (MPF)

Employee Share: 5.0%
Employer Share: 5.0%
Wage Cap: HK$ 360,000

Frequently Asked Questions: Hong Kong Taxation

What are the income tax brackets in Hong Kong?

Hong Kong operates a progressive tax system administered by Inland Revenue Department (IRD HK) under Inland Revenue Ordinance (Cap. 112).

What social security or pension contributions apply in Hong Kong?

Mandatory contributions include: Mandatory Provident Fund (MPF) (5.0%).