Take-home pay after MPF in Hong Kong, 2026/27: rates, limits and examples
Hong Kong pay is simple on paper: the employer pays your salary, and your share of the Mandatory Provident Fund (MPF) contribution is taken out of it and paid into your MPF account. Salaries tax is not taken out of the monthly pay in this calculation. This guide works through what lands in the bank account each month, using the MPFA's contribution levels and the Inland Revenue Department's (IRD) deduction limit for the 2026/27 year of assessment, which runs from 1 April 2026 to 31 March 2027.
The MPF rules in one paragraph
Employees and employers each pay 5% of the employee's monthly relevant income. The MPFA's current levels for monthly paid employees are a minimum of HK$7,100 and a maximum of HK$30,000. Above the maximum the contribution stays at HK$1,500. Below the minimum the employee pays nothing, while the employer still pays 5%.
Five monthly salaries
| Monthly pay (no bonus) | Employee MPF per month | Pay after MPF per month | Employer MPF per month | Employee MPF as a share of pay |
|---|---|---|---|---|
| HK$10,000 | HK$500 | HK$9,500 | HK$500 | 5% |
| HK$15,000 | HK$750 | HK$14,250 | HK$750 | 5% |
| HK$20,000 | HK$1,000 | HK$19,000 | HK$1,000 | 5% |
| HK$30,000 | HK$1,500 | HK$28,500 | HK$1,500 | 5% |
| HK$50,000 | HK$1,500 | HK$48,500 | HK$1,500 | 3% |
At HK$10,000 a month the employee MPF is HK$500, and HK$9,500 is paid into the bank. At HK$30,000 the whole wage is at the maximum relevant income, so the MPF is HK$1,500. At HK$50,000, HK$20,000 of each month is above the maximum and carries no MPF, so the MPF stays at HK$1,500: its share of pay falls from 5% to 3%.
The employer's column is on top of the salary and is not taken from your pay. Only the employee share lowers the money you receive.
The minimum level and the step at HK$7,100
Because the employee pays nothing below the minimum and the full 5% from the minimum, the rule has a step. Pay just under and just over the line:
| Monthly pay | Employee MPF | Pay after MPF | Employer MPF |
|---|---|---|---|
| HK$7,000 | HK$0 | HK$7,000 | HK$350 |
| HK$7,099 | HK$0 | HK$7,099 | HK$355 |
| HK$7,100 | HK$355 | HK$6,745 | HK$355 |
| HK$7,500 | HK$375 | HK$7,125 | HK$375 |
A rise from HK$7,099 to HK$7,100 a month lowers the pay that reaches the bank by HK$354, because the employee MPF jumps from nothing to HK$355. The contribution is worked out on the relevant income of each month.
The ceiling and the tax deduction limit
The most an employee pays is HK$1,500 a month, HK$18,000 a year. The IRD's limit on the mandatory contributions an employee can deduct for salaries tax is HK$18,000 a year, which is the same amount, so for a salaried employee on a full year the whole contribution is deducted. The IRD's own 2026/27 example, on HK$40,000 a month, deducts 12 times HK$1,500, HK$18,000.
| Per year | HK$30,000 a month | HK$50,000 a month |
|---|---|---|
| Salary | HK$360,000 | HK$600,000 |
| Employee MPF paid | HK$18,000 | HK$18,000 |
| MPF deducted before tax (limit HK$18,000) | HK$18,000 | HK$18,000 |
| Pay after MPF | HK$342,000 | HK$582,000 |
What goes into your MPF account
The employer's contribution is not part of the pay in the tables, but it is paid into the same account. On HK$15,000 a month the employee pays HK$9,000 a year and the employer pays the same, so HK$18,000 a year goes in. At HK$30,000 a month and above, each side pays HK$18,000 a year and HK$36,000 goes in, however high the salary is. For the employee that means the cost of MPF as a share of pay falls steadily once pay passes HK$30,000 a month.
What comes after MPF: salaries tax
The MPF deduction is the only deduction from monthly pay in this calculation. Salaries tax is separate and is billed by the IRD afterwards, so a monthly figure from this guide is before the tax bill. For the tax calculation see how Hong Kong salaries tax is calculated, and for yearly salary tables see salary after MPF and tax.
Not covered: bonuses and other pay that varies by month, employees paid weekly or daily, and voluntary contributions.
Work out your own take-home paySources
- MPFA: mandatory contributions for employees (relevant income levels, 5%, HK$1,500 maximum)
- IRD: FAQ on the Mandatory Provident Fund (deduction limit)
- IRD: A guide to Salaries Tax (1) (2026/27 worked example with MPF HK$18,000)
- Every rate used, with its source and check date: Sources and rates
This calculator is general information only. It uses the IRD and MPFA pages listed on the Sources page, and your payslip, tax bill and personal situation may differ. Rates as at 2 November 2026.