About Hong Kong Salary Tax & MPF Calculator (香港薪俸稅及強積金計算機)
Accurate Hong Kong Salaries Tax and MPF calculator compliant with official Inland Revenue Department (IRD) guidelines. Evaluates Mandatory Provident Fund (強積金) employee contributions, basic and married allowances (HK$132,000 / HK$264,000), child and dependent parent deductions, dual-track Progressive (2% to 17%) vs Standard (15%) tax comparisons, and annual 100% budget tax reductions (capped at HK$3,000). 100% private.
Key Capabilities & Features
- Official Mandatory Provident Fund (5% MPF, HK$7,100 minimum threshold, HK$1,500 monthly cap)
- Standard tax allowances (Basic HK$132k, Married HK$264k, Child HK$130k, Dependent Parents HK$50k)
- Dual comparison: Progressive 5-tier rates (2% to 17%) vs Standard flat rate (15%)
- Automated IRD Budget Tax Reduction concession capping
- Bonus and 13th-month salary support with monthly and annual take-home breakdowns
- One-click formatted tax summary copy to clipboard
How to Use Hong Kong Salary Tax & MPF Calculator (香港薪俸稅及強積金計算機)
Input Monthly or Annual Income
Enter your monthly salary or total annual package in Hong Kong Dollars (HK$).
Configure Family Allowances
Select marital status and add child or elderly dependent parents.
Compare Progressive vs Standard
See whether progressive marginal brackets or the 15% standard cap yields the lowest tax.
Review Net Income
Inspect your net monthly paycheck after MPF and tax deductions.
Privacy & In-Browser Execution Guarantee
100% Client-Side. Salaries and tax information remain strictly local in your browser memory.
Frequently Asked Questions
What is the monthly cap for Mandatory Provident Fund (MPF) contributions?
Under Hong Kong law, employees contribute 5% of relevant monthly income. If relevant income is below HK$7,100, the employee contribution is zero. If monthly income is HK$30,000 or more, the contribution is capped at HK$1,500 per month (HK$18,000/year).
How does the IRD determine progressive vs standard tax rate?
The Inland Revenue Department calculates tax using two methods: (1) Progressive rates on Net Chargeable Income after allowances and deductions, and (2) Standard rate (15%) on Net Income without allowances. The taxpayer automatically pays whichever amount is lower.