The Law surrounding Income Tax in Hong Kong is complex and every effort has been made to offer information that is current, correct and clearly expressed. The information in this summary is intended to be no more than a general overview of the position and certain details have been deliberately omitted. The contents of this page should not be taken as an authoritative statement of income tax in Hong Kong. Neither the author nor the publisher are responsible for the results of actions taken on the basis of information contained in this summary, nor for any errors or omissions. This text is not intended to render legal, accounting or tax advice. Readers are encouraged to seek professional advice concerning specific matters before making any decision.
The employee is responsible for paying their own tax in Hong Kong, so if you are planning on working here you will have to become familiar with income tax in Hong Kong and its system. There is a flat rate of 15% that most expats in Hong Kong will pay. There is a basic allowance of HK$120,000 for single employees and HK$240,000 for married couples. Children’s allowances also apply. Please refer to Inland Revenue Department for a more detailed look. For example, one who earns HK$700,000 per annum will pay HK$87,000 tax, or 12.4%.
The income tax in Hong Kong can also be a progressive system, though for almost all this will not apply. This starts at 2% for those earning less than HK$40,000 per month and rising up to a maximum of 17% for those earning in excess of HK$120,000 per annum.
Simplified Table for Income Tax in Hong Kong (Yearly)

HK$0 – 40,000 = 2%
HK$40,001 – 80,000 =7%
HK$80,001 – 120,000 = 12%
HK$120,000+ = 17%
For further help with assessment you can use the Inland Revenue Department of Hong Kong for a more comprehensive look.