Hong Kong Cross-Border Talent Scheme Calculator 2027
Hong Kong's Top Talent Pass Scheme (TTPS) attracts high-earning professionals with simplified visa process + tax efficiency. 2026-27 expansion includes Singapore + Beijing graduates. This tool computes net comp after HK salaries tax + MPF.
Hong Kong Salaries Tax Advantage
Maximum effective rate 15% — among lowest in major financial centers. Singapore 22%, UK 45%, US 37% federal. Tax computed using lower of (a) progressive band up to 17% on net taxable income, or (b) 15% standard rate on gross income minus mandatory MPF. Most high earners hit standard rate cap.
Housing Allowance Tax Treatment
Housing benefit from employer taxed at notional 10% of salary (rather than actual housing cost). Major tax advantage for senior expat hires — actual housing cost often 20-30% of salary in HK, but taxable amount only 10%. Documented in employment contract for IRD recognition.
MPF and Voluntary Contributions
Mandatory contribution: 5% of salary by employee, capped at HK$1,500/month. Tax-Voluntary Contribution (TVC) deductible up to HK$60,000/year (combined with QDAP). 5-year holding minimum for tax deduction. TTPS applicants qualify same as residents.
Source: Hong Kong IRD Salaries Tax Schedule 2026-27, MPFA Tax Voluntary Contribution Rules. Last updated: May 2026.