Tax Year 2026/27 · Flat 15%HK property tax,
HK property tax,
four steps, done.
For rental income from leased properties. 15% standard rate, 20% repair allowance auto-deducted, effective 12% rate.
Standard
15%
Repair allowance
20%
Effective
12%
Property Tax Payable · 2026/27
HK$0
Enter rent below
Calculation steps
- Assessable Value = Rent − Irrecoverable Rent
- Deduct rates paid by the owner
- Repair Allowance = (Value after rates) × 20%
- Net Assessable Value = Value after rates − 20% allowance
- Property Tax = Net Assessable Value × 15%
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Calculator
Calculate your tax
Enter annual rent and any irrecoverable rent.
Total rent actually received
HK$
Rent that cannot be recovered from tenant
HK$
Government rates borne by the owner — deductible
HK$
Property Tax Calculation Method
1. Assessable Value = Rent − Irrecoverable Rent
2. Deduct rates paid by the owner
3. Repair Allowance = (Value after rates) × 20%
4. Net Assessable Value = Value after rates − 20% allowance
5. Property Tax = Net Assessable Value × 15%
Property Tax Payable
HK$0
Awaiting input
* Estimate only. Final tax is determined by the IRD.
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