Property Tax Specialist

Hong Kong Rental Income Tax — Property Tax Made Simple

HK property tax is charged at a flat 15% on net assessable value — but the rules around deductions, mortgage interest, jointly owned properties, and the personal assessment election can make a significant difference to what you actually pay.

HKICPA 등록 24시간 응답 고정 수수료 제도 100% 기밀 유지
무료 상담 받기
15% Standard property tax rate
20% Statutory deduction for repairs
HKD 100K+ Average tax saved via personal assessment

Property Tax Specialist

HK property tax is charged at a flat 15% on net assessable value — but the rules around deductions, mortgage interest, jointly owned properties, and the personal assessment election can make a significant difference to what you actually pay.

⚠️

⚠ Many HK Landlords Miss the Personal Assessment Election

Property tax is charged at a flat 15%. But if you have a mortgage or other losses, electing Personal Assessment consolidates all your income under salaries tax rates, allowing mortgage interest as a deduction. At lower income levels, this can reduce your effective tax rate substantially — yet most landlords never make this election.

주요 고민

다음과 같은 세무 문제로 어려움을 겪고 계신가요?

Calculating Net Assessable Value

Property tax is assessed on your rental income less rates paid by you and less a 20% statutory allowance. Getting this wrong means either overpaying or underpaying.

⚠ Risk: Incorrect NAV → IRD assessment + interest

Mortgage Interest Deduction

Under property tax alone, mortgage interest is NOT deductible. You must elect Personal Assessment to claim mortgage interest against rental income.

⚠ Risk: Paying 15% flat rate instead of effective 5–10% → significant overpayment

Joint Ownership Complications

Co-owners must each declare their proportionate share of rental income, and the election for Personal Assessment must be made individually.

⚠ Risk: Incorrect share reporting → IRD query on both parties

Tenancy Agreement Compliance

All tenancy agreements should be stamped (Stamp Duty) and deposits correctly treated — IRD cross-checks stamp duty records against property tax returns.

⚠ Risk: Unstamped tenancy → Stamp Duty penalty + tax inquiry
대상

이런 분께 적합합니다

HK residents renting out a property

Individuals renting out one or more HK properties and receiving assessable rental income.

Landlords with mortgages on rental properties

Those paying mortgage interest who should be electing Personal Assessment to claim that interest.

Joint property owners

Co-owners navigating the proportionate income declaration requirements.

Expatriates with HK investment properties

Non-residents owning HK property and earning rental income subject to HK property tax.

Landlords with multiple properties

Portfolio landlords needing consolidated tax planning across multiple rental units.

Accidental landlords

Owners who inherited property or moved overseas and are now renting out their former home.

서비스 항목

서비스 내용

Net Assessable Value Calculation

We calculate your NAV correctly — rental income less rates, less 20% statutory deduction.

Including treatment of premiums, deposits, and fitting-out contributions

Personal Assessment Election

We assess whether Personal Assessment saves you tax and file the election (BIR60 with elected boxes) accordingly.

Critical for landlords with mortgages or employment losses

Property Tax Return Filing

We complete and file your BIR57 (or BIR58 for jointly owned property) accurately and on time.

Including all supporting schedules for multiple properties

Stamp Duty Compliance

We verify your tenancy agreements are correctly stamped and advise on stamp duty rates.

Ad valorem stamp duty on leases based on annual rent

Property Tax vs Profits Tax Review

For landlords operating at scale, we review whether a corporate structure is more tax-efficient.

Particularly relevant for 3+ properties or HKD 2M+ annual rent
진행 절차

간단하고, 효율적이며, 전문적인 서비스

1

Rental Income Review

We collect tenancy agreements, rental receipts, rates bills, and mortgage statements.

1 day
2

NAV Calculation & Election Analysis

We calculate your property tax liability and model the Personal Assessment alternative.

1–2 days
3

Return Preparation

We prepare BIR57/BIR58 and any accompanying BIR60 election, with full workings provided.

2–3 days
4

Filing & IRD Liaison

We file your return and respond to any IRD queries or assessments on your behalf.

As required
지금 시작할 준비가 되셨나요? 의무 없음 — 언제든 취소 가능
무료 상담 예약
고객 성공 사례

실제 고객을 위한 실질적인 성과

Case Study

Salaried professional with one mortgaged rental property

HKD 67,500 절감액
  • Annual rent received HKD 300,000
  • Mortgage interest paid HKD 120,000
  • Without Personal Assessment: tax HKD 36,000
  • With Personal Assessment: tax HKD 0 (losses absorbed)
"I never knew about Personal Assessment. TAX.hk saved me the entire property tax bill."
C
인증된 고객 Case Study
Case Study

Portfolio landlord with 3 HK properties

HKD 112,000 절감액
  • Total annual rent HKD 840,000
  • Mortgage interest across all 3 properties HKD 380,000
  • Correct NAV calculations filed
  • Personal Assessment election reduced effective rate to 8.2%
"The mortgage interest deduction through Personal Assessment transformed my after-tax rental yield."
C
인증된 고객 Case Study
★★★★★ 2,400+ 명 이상의 고객이 저희 팀을 신뢰합니다
무료 상담 받기

무료 전문가 상담

지금 바로 세무 전문가와 상담하세요

  • 30분 무료 초기 상담
  • 시니어 CPA가 담당합니다
  • 의무 없음 — 언제든 취소 가능
HKICPA 등록 24시간 이내 응답 의무 없음

귀하의 정보는 철저히 기밀로 유지됩니다.

선택 이유

TAX.hk를 선택하는 이유

홍콩 세무 전문 지식

저희 공인회계사들은 15년 이상의 홍콩 세무 경험을 보유하고 있으며, 세무국의 최신 업데이트를 항상 파악하고 있습니다.

투명한 고정 수수료

시간당 청구로 인한 예상치 못한 비용은 없습니다. 시작 전에 비용을 명확히 안내해 드립니다.

24시간 응답

모든 문의에 1영업일 이내에 답변드립니다. 긴급한 경우 4시간 이내에 처리합니다.

철저한 기밀 유지

모든 고객 정보는 엄격한 직업적 기밀 유지 의무에 따라 관리됩니다.

자주 묻는 질문

자주 묻는 질문

궁금증에 대한 빠른 답변

Under s.5B of the IRO, a standard 20% deduction is allowed from your net rental income (after rates deduction) to cover repairs, insurance, and management expenses. You do not need to prove actual costs — the 20% is allowed automatically. This means effective property tax on gross rent is approximately 12% (15% × 80%).
Not under property tax itself — the IRO does not allow mortgage interest as a deduction from property tax assessable value. However, if you elect Personal Assessment, your rental income is assessed alongside your other income under salaries tax rates, and mortgage interest on the rental property becomes deductible. This is usually more beneficial for mortgaged properties.
If your tenant pays the rates directly to the Rating and Valuation Department, they are excluded from your rental income calculation. If you collect rates as part of the rent, you deduct the rates element from your gross rental income to arrive at the figure before the 20% statutory deduction.
Each co-owner declares their 50% share of the rental income in their individual property tax return. Each person can independently elect Personal Assessment based on their own circumstances. We coordinate joint returns to ensure both owners' positions are consistent and optimally structured.
Only the period when the property was rented generates assessable rental income. Vacant periods do not give rise to a tax liability, but you should be able to demonstrate the vacancy (e.g., estate agent records, utility bills showing low or no usage) if queried by the IRD.

지금 시작할 준비가 되셨나요?

오늘 홍콩 수석 세무 전문가와 무료 상담을 예약하세요.

무료 상담 예약 담당 컨설턴트 보기
더 알아보기

관련 서비스

Personal Tax Planning Specialist Professionals & High Earners Seeking Tax Optimisation
Sole Proprietor Tax Specialist Self-Employed Individuals & Sole Traders
Stamp Duty Advisory Specialist Property Buyers, Sellers & Investors

본 페이지는 일반적인 정보 제공만을 목적으로 합니다. 귀하의 상황에 맞는 구체적인 조언은 자격을 갖춘 홍콩 세무 전문가와 상담하시기 바랍니다.