Rates and Government Rent Calculator
This calculator can estimate the amount of rates and/or Government rent assessed respectively under the Rating Ordinance (Cap. 116) and the Government Rent (Assessment and Collection) Ordinance (Cap. 515) payable for the latest 3 years of assessment.
Important Note:
The following estimates of the amount payable are based on your input data. The amount payable is rounded to the nearest dollar.
Rates Payable
| Period |
(A) Amount Payable |
|---|---|
| The inputted rateable value does not exceed the minimum rateable value. Under the Rating Ordinance, the tenement will be exempted from assessment to rates for this year of assessment. | |
| Period | (A) Amount Payable (before Rates Concession) (Note 1) |
(B) Rates Concession (Note 2) |
(C) = (A) – (B) Amount Payable (after Rates Concession) |
|---|---|---|---|
Government Rent Payable
| Period |
(D) Amount Payable |
|---|---|
| The inputted rateable value does not exceed the minimum rateable value. Under the Government Rent (Assessment and Collection) Ordinance, the rateable value for Government rent purposes is deemed to be $1 and the Government rent payable is 3 cents per annum. | |
| Period |
(D) Amount Payable (Note 3) |
|
|---|---|---|
Notes:
-
Rates are charged at specified percentage(s) of the rateable value. For the Financial Year 2024-25:
- The rates percentage charge for all non-domestic tenements is 5%.
- For domestic tenements, the rates percentage charge for those with rateable value of $550,000 or below is 5%. For domestic tenements with rateable value over $550,000, the rates percentage charge for the first to third quarters of 2024-25 is 5%. With effect from the fourth quarter, i.e. January to March 2025, rates are calculated according to the following progressive rates charge scale*:
* Implementation of the progressive rating system is subject to passage of the relevant legislationRateable value of domestic tenements Rates percentage charge First $550,000 5% Next $250,000 8% Remainder 12%
-
Rates are charged at a percentage of the rateable value of a property. For the Financial Years 2022-2023 and 2023-2024, the rates percentage charge is 5%.
-
Detailed information on rates concession is available at www.rvd.gov.hk/en/concession/index.html.
-
The amount of Government rent payable is calculated at 3% of the rateable value of the property and is adjusted in step with any subsequent changes in rateable value.
Disclaimer:
Whilst this Department endeavours to keep this calculator accurate, no warranty or guarantee, express or implied, is given by this Department as to the accuracy of the information. The Government of the Hong Kong Special Administrative Region does not accept responsibilities for
any loss, destruction or damage whatsoever arising from any cause whatsoever in connection with this calculator.