Tax filing for your income in Hong Kong can get overwhelming if you must manage work, family obligations, as well as fresh guidelines released by Inland Revenue Department (IRD). Local professionals who work in Hong Kong as well as international workers must learn how to file appropriately. This keeps you legal as much as it prevents fines.
It is made easy for you at FastLane HR with our expert salary tax return services. You will be ensured that your tax concerns are addressed appropriately and at the correct time.
Salary Tax in Hong Kong
Hong Kong has a rule where you only pay taxes on money you make in Hong Kong. The Salaries Tax applies to all money earned from working, holding a position, or receiving a pension in the city.
Main Ideas:
Incomes earned from full-time, part-time, or freelance work in Hong Kong are taxed.
- Cash that comes from foreign nations is exempt from taxation unless it is generated in Hong Kong.
- The tax year extends between April 1st to March 31st.
What is Hong Kong's tax rate for wages?
The tax rate for wages in Hong Kong is among the highest in the world. It’s calculated with either:
- gradually increasing rates: 2% to 17%, by income level.
- Standard rate: 15% (will apply if it leads to a bigger tax amount compared to progressive rate).
Progressive tax bands (2025)
|
Net Chargeable Income (HKD) |
Tax Rate |
|
First 50,000 |
2% |
|
Next 50,000 |
6% |
|
Next 50,000 |
10% |
|
Next 50,000 |
14% |
|
Remainder |
17% |
What Is Minimum Salary to File a Tax Return?
If your income for the year exceeds your basic allowance (HKD 132,000 for single income tax payers in 2025), you will need to file a tax return for wages.
Even if you receive less than this amount, the IRD will still give you a form for a Tax Return – Individuals (BIR60). You will need to lodge it on time.
What income level marks the minimum for tax filing?
If you earn less than your basic allowance each year, you might not need to contribute tax at all.
You will still need to file your return if you get a form from IRD or if you earn income from a range of other activities like side work, freelance, or rent income.
How Do I Know if I Need to File a Tax Return?
You must lodge a tax return for wages if a Tax Return – Individuals (BIR60) form from the IRD arrived.
- You made a profit in Hong Kong during last year.
- You switched jobs or had several employers.
- You are independent or you earn side income.
In case of doubt, FastLane HR experts will aid in appraising your circumstances and complying.
6. Who has to File an Income tax Return for Hong Kong?
It is essential to fill out an income tax return if:
- You are a salaried employee, a freelancer, or a director of a Hong Kong Company.
- You earn income from a job, rent, or pension in Hong Kong.
- You receive a letter sent by IRD that asks you to lodge a return.
Common Mistakes that People Make When Filing
- Missing the deadline to submit (usually one month after the issue date).
- Non-claim for deduction (e.g., for MPF contributions or dependency allowances).
- Misreporting overseas workdays.
- Not referring to side income or freelancing job.
You will be able to avoid costly errors with FastLane HR’s tax team, as well as an easy filing process.
How FastLane HR's Salary Tax Return Services Can Save You
FastLane HR provides custom tax return of wages service for local employees as well as expat employees in Hong Kong.
Our Services Include:
- Assisting with tax calculation and submission
- Verification of deduction and eligibility for allowance
- Verify and supplement contributions to MPFs.
- Communication with IRD on your behalf
- Making sure there are timely submissions
We assist you in confidently filing, conserving time, decreasing tax, and feeling at peace.
Why Choose FastLane HR
- We are trusted by numerous professionals and small companies in Hong Kong.
- Experienced tax advisors with insight into IRD practices
- Transparent pricing with no hidden charges
- Joint HR and MPF assistance for a complete financial compliance coverage.
Whether you’re a first-timer at filing or an expat with diversified incomes, FastLane HR will handle your tax compliance with no worries.
Conclusion
Tax Rates for Salary in Hong Kong vary between 2% to 17%, with a maximum standard rate of 15%. You must lodge if you earn more than a basic amount or if you get a letter from IRD.
- Claim all permissible deductions to reduce your tax burden.
- Partnering with FastLane HR ensures compliance and maximizes tax efficiency. Get Professional Advice for Your Salary Tax Return Take tax season stress out of your hands with FastLane HR.
Contact FastLaneHR to find out how our salary tax return services can help you file with confidence and save more money.