Difference in salaries tax: Singapore and Hong Kong



ORIGINAL POST
Posted by Oski 19 yrs ago
at US100k per year, Singapore tax may work out to be a hair lower than HK.

at US100k per month, HK tax will be lower by 4 percentage points.

Singapore's top tax rate of 20% is 4 points higher than HK's flat tax of 16%. However, Sing tax schedule is more gradual. You hit top bracket after S$320k. Whereas HK flat tax comes much quicker. I think Sing tax start to exceed HK at meaningful level after US250k or so.


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