AVD · Tax · 2025
Hong Kong Stamp Duty Calculator (2025)
AVD Scale 2 with marginal-relief bands. Reflects the 2025 budget threshold raise to HK$4M and the Feb 2024 abolition of BSD, SSD and AVD Scale 1.
Last updated · February 2025 (Budget)
- Stamp duty (AVD)
- HK$135.0K
- Effective rate
- 2.25%
- Net of duty
- HK$5.87M
AVD Scale 2 brackets (Feb 2025+)
| Price band (HKD) | Duty |
|---|---|
| Up to 4,000,000 | HK$100 |
| 4,000,001 – 4,323,780 | HK$100 + 20% of excess over 4,000,000 |
| 4,323,781 – 4,500,000 | 1.5% of price |
| 4,500,001 – 4,935,480 | HK$67,500 + 10% of excess over 4,500,000 |
| 4,935,481 – 6,000,000 | 2.25% of price |
| 6,000,001 – 6,642,860 | HK$135,000 + 10% of excess over 6,000,000 |
| 6,642,861 – 9,000,000 | 3% of price |
| 9,000,001 – 10,080,000 | HK$270,000 + 10% of excess over 9,000,000 |
| 10,080,001 – 20,000,000 | 3.75% of price |
| 20,000,001 – 21,739,120 | HK$750,000 + 10% of excess over 20,000,000 |
| Above 21,739,120 | 4.25% of price |
Source: Inland Revenue Department — Stamp Duty FAQ, post Stamp Duty (Amendment) Bill 2025.
Frequently asked
- Did BSD and SSD really get abolished?
- Yes. On 28 February 2024 the Financial Secretary cancelled the Buyer's Stamp Duty (BSD), Special Stamp Duty (SSD) and the New Residential Stamp Duty with immediate effect. Only the Ad Valorem Duty (AVD) under Scale 2 remains for residential transactions.
- What changed in 2025?
- The 2025–26 Budget raised the AVD Scale 2 flat-HK$100 band from properties at or below HK$3,000,000 to those at or below HK$4,000,000, taking effect immediately on 26 February 2025. Brackets above HK$4M continue to use the published marginal-relief structure.
- Does my buyer status change the duty?
- Since the abolition of BSD and AVD Scale 1, residential AVD is the same regardless of whether you are a permanent resident, non-permanent resident, company or already own property. Always confirm your specific situation with a licensed solicitor.
- What other costs should I budget for?
- Plan for solicitor's fees (~0.1% of price, minimum about HK$8,000), a bank valuation fee (typically HK$500–2,000), mortgage arrangement fees if any, and agent commission (usually 1% of price). Use our Buy vs Rent calculator to see the all-in picture.