The Personal Income Tax Rate in Hong Kong stands at 17 percent.

Personal Income Tax Rate in Hong Kong averaged 15.38 percent from 2004 until 2019, reaching an all time high of 17 percent in 2019 and a record low of 15 percent in 2008. This page provides - Hong Kong Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Personal Income Tax Rate - values, historical data and charts - was last updated on August of 2020. source: Inland Revenue Department, Hong Kong

Personal Income Tax Rate in Hong Kong is expected to reach 17.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Personal Income Tax Rate is projected to trend around 17.00 percent in 2021, according to our econometric models.

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Hong Kong Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
17.00 15.00 17.00 15.00 2004 - 2019 percent Yearly

Hong Kong Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 16.50 16.50 17.50 16.00 percent [+]
Personal Income Tax Rate 17.00 15.00 17.00 15.00 percent [+]


Hong Kong Personal Income Tax Rate
In Hong Kong, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Hong Kong.