Singapore vs Hong Kong taxes: what differs
Singapore and Hong Kong tax salaries differently. In Singapore, the payslip deductions are Income tax. In Hong Kong, they're Salaries tax and MPF. On this salary, Singapore's effective tax rate works out to about 7.8% versus 13.8% in Hong Kong — use the calculator to compare any salary or add more countries.
Singapore vs Hong Kong at different salaries
| Gross (SGD) | Take-home Singapore | Take-home Hong Kong | Keeps more |
|---|---|---|---|
| S$68,000 | S$65,490 (3.7%) | S$60,858 (10.5%) | Singapore |
| S$100,000 | S$94,350 (5.7%) | S$87,418 (12.6%) | Singapore |
| S$140,000 | S$129,050 (7.8%) | S$120,618 (13.8%) | Singapore |
| S$200,000 | S$178,850 (10.6%) | S$170,418 (14.8%) | Singapore |
| S$270,000 | S$235,400 (12.8%) | S$228,518 (15.4%) | Singapore |
Single-resident estimates. Hong Kong is taxed in its own currency, then converted into SGD at recent exchange rates; effective tax rate in brackets is currency-independent.
Singapore vs Hong Kong — FAQ
Do you pay more tax in Singapore or Hong Kong?
On a S$140,000-equivalent salary, Hong Kong has the higher effective tax rate (13.8% vs 7.8%), so you keep more of your pay in Singapore. The gap shifts with income — try your own salary in the calculator above.
Is take-home pay higher in Singapore or Hong Kong?
Singapore — about S$129,050 versus S$120,618 on a S$140,000 salary (both shown in SGD).
What is deducted from salary in Singapore and Hong Kong?
Singapore: Income tax. Hong Kong: Salaries tax and MPF.