Personal Tax Guide

📋 Key Facts at a Glance Hong Kong's Treaty Network: Comprehensive agreements with 45+ jurisdictions including Mainland China, Singapore, UK, Japan, and maj...

📋 Key Facts at a Glance Two-Tier Rates: Corporations pay 8.25% on first HK$2M profits, 16.5% on remainder; unincorporated businesses pay 7.5% and 15% respe...

📋 Key Facts at a Glance Mandatory MPF Rates: 5% each from employer and employee on monthly income between HK$7,100 and HK$30,000 Tax Deduction Limit: Maxim...

📋 Key Facts at a Glance Maximum Deduction: HK$100,000 per person per assessment year for self-education expenses Eligible Courses: Must lead to recognized...

📋 Key Facts at a Glance Core Principle: Expenses must be incurred "wholly and exclusively" for producing assessable profits under Hong Kong's Inland Revenu...

📋 Key Facts at a Glance Annual Deduction Limit: HK$60,000 maximum for qualifying annuity premiums and MPF voluntary contributions combined Eligible Plans:...

📋 Key Facts at a Glance Green Bond Tax Exemption: Full profits tax exemption for qualifying debt instruments (QDIs) issued on or after April 1, 2018, regar...

📋 Key Facts at a Glance Territorial Principle: Hong Kong only taxes profits sourced within its borders, not worldwide income Two-Tier Rates: Corporations p...

📋 Key Facts at a Glance Two Calculation Methods: Hong Kong uses both progressive rates (2%-17%) and standard rates (15%-16%), with taxpayers paying the low...

📋 Key Facts at a Glance Maximum Deduction: HK$100,000 per tax year for self-education expenses Tax Year: April 1 to March 31 (2024/25 assessment year) Reco...

📋 Key Facts at a Glance Territorial Tax System: Only Hong Kong-sourced profits are taxable; offshore income is generally exempt Profits Tax Rates (2024-25)...

📋 Key Facts at a Glance Treaty Status: Hong Kong has Comprehensive Double Taxation Agreements (CDTAs) with 45+ jurisdictions, including Mainland China Main...