Hong Kong Inland Revenue Department: total tax revenue for the fiscal year 2025/26 is expected to be HK$458.3 billion, up 22% from the estimated HK$455.1 billion for the current year.

On May 4th, the Hong Kong Inland Revenue Department announced that the overall tax revenue for the 2025/26 fiscal year reached a record high of 458.3 billion Hong Kong dollars, an increase of 83.8 billion from the previous year, representing a 22% increase. Profit tax reached 212.6 billion Hong Kong dollars, an increase of 34.9 billion compared to the previous year; salaries tax reached 97.7 billion Hong Kong dollars, an increase of 8.8 billion; and stamp duty reached 102.6 billion Hong Kong dollars, an increase of 38.7 billion. The Hong Kong Inland Revenue Department predicts that the overall tax revenue budget for the 2026/27 fiscal year will be 451 billion Hong Kong dollars, with an estimated income and profit tax revenue of 321.2 billion Hong Kong dollars, and a stamp duty revenue of 101 billion Hong Kong dollars.