Hong Kong’s tax revenue increases 22% to a record HK$458.3 billion in the 2025–26 fiscal year, according to provisional figures released by the Inland Revenue Department (IRD). Commissioner of Inland Revenue Benjamin Chan Sze-wai presents the numbers at a Monday press conference for the year ending March 31.
The IRD attributes the growth partly to stronger activity in property and financial markets. Among major components, stamp duty revenue rises 61% to HK$102.6 billion. Profits tax increases 20% to HK$212.6 billion, reflecting higher taxable earnings. Salaries tax also grows, up 10% to HK$97.7 billion.
The IRD’s results indicate that gains across multiple tax categories contribute to the overall increase, with stamp duty in particular showing the sharpest rise. The provisional nature of the figures means final totals may be adjusted after further assessment.
