Salaries Tax

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You can be charged salaries tax on your income arising in or derived from Hong Kong from any employment, office, and pension.

 

Basic Period

From 1 April of one year to 31 March next year (no other option is provided)

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Salaries Tax Rate

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Year of Assessment 2019/20 onwards#

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Chargeable income             Tax rate

First 50,000                               2%

Next 50,000                               6%

Next 50,000                             10%

Next 50,000                             14%

Remainder                               17%

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Two-tiered Standard Rates 

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On the first $5,000,000 of net income     15%

Remainder                                             16%

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Deductions and Allowances

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FAQs of Salaries Tax

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Q: When should we file the Salaries Tax return?

A: The IRD will send the Salaries Tax return in May every year. You have to file it within 1 month after the date of Salaries Tax return.​

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