Best Tax Loans in Hong Kong 2024

Compare tax loan plans and enjoy lower rates compared with personal loans in tax seasons! Read More
200,000 personal loan Paid over 24 months
HK$
We found 13 Personal Loans for you!
PrimeCredit logo

Monthly Payment

HK$8,433

Monthly Payment
MoneySmart Exclusive
APR*
1.18%
Total Amount Payable
HK$202,400
Total Interest Payable
HK$2,400
Monthly Payment
HK$8,433

【 MoneySmart Exclusive Offer】
Up to HK$12,000 Cash Bonus will be rewarded for successful application via MoneySmart!

【Tax Season Clear Ahead🧧】Earn 6,000 SmartPoints (equivalent to HK$600) with Your Tax Loan Application】
From now until 29 Febraury, apply for Prime Credit Fixed Loan (Tax Season) via MoneySmart, you can earn an extra 6,000 SmartPoints regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$400 cash! Click here to learn more.

Valid until 29 Feb 2024 - See more details below
Apply Now
Citibank logo

Monthly Payment

HK$8,493

Monthly Payment
MoneySmart Exclusive
Guaranteed application reward HK$600
APR*
1.78%
Total Amount Payable
HK$203,840
Total Interest Payable
HK$3,840
Monthly Payment
HK$8,493

【Citi Tax Season Loan rewards you with rewards as high as $15,880!】
New customer who successfully apply for Citi Tax Season Loan/Citi Card Debt Consolidation Loan on or before 29 February 2024 and successfully draw down on or before 31 March 2024 would be eligible for MoneySmart exclusive gift  up to HK$7,500 Apple Store Gift Card/ PARKnSHOP supermarket vouchers!
Popular physical gift options include Dyson Purifier Big+Quiet Formaldehyde BP03 (retail value HK$7,880) / Apple iPad Pro 11-inch (128GB) (retail value:HK$6,499)Nagualep NA-2A Food waste Composter 2.0 (retail value: HK$4,680) / Apple Watch Series 9 (GPS) - 45mm (retail value: HK$3,399) / JBL Link 20 Voice-activated portable speaker (retail value: HK$1,699)



【Tax Season Clear Ahead🧧】Earn 6,000 SmartPoints (equivalent to HK$600) with Your Tax Loan Application】

From now until 29 Febraury, apply for Citi Tax Season Loan via MoneySmart, you can earn an extra 6,000 SmartPoints regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$400 cash! Click here to learn more.

Valid until 29 Feb 2024 - See more details below
Apply Now
DBS logo

Monthly Payment

HK$8,673

Monthly Payment
MoneySmart Exclusive
Instant cash out single-handedly
APR as low as*
2.2%
Total Amount Payable
HK$208,160
Total Interest Payable
HK$8,160
Monthly Payment
HK$8,673

【Tax Season Clear Ahead🧧】Earn 6,000 SmartPoints (equivalent to HK$600) with Your Tax Loan Application】
From now until 29 Febraury, apply for DBS Personal Instalment Loan (Available for Tax Season) via MoneySmart, you can earn an extra 6,000 SmartPoints regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$400 cash! Click here to learn more.



New customers who successfully apply and drawdown DBS Personal Instalment Loan via MoneySmart can get up to HK$8,000 rewards + Extra up to HK$10,000 PARKnSHOP Supermarket Voucher/ Apple Store Gift Card! Get up to a total HK$18,000 reward! APR is as low as 2.2%!

Valid until 29 Feb 2024 - See more details below
Apply Now
China CITIC Bank International logo

Monthly Payment

HK$8,564

Monthly Payment
MoneySmart Exclusive
Guaranteed application reward HK$600
APR*
2.72%
Total Amount Payable
HK$201,536
Total Interest Payable
HK$1,536
Monthly Payment
HK$8,564

【CITIC Bank x MoneySmart Exclusive Offer 】- Get total reward up to HK$4,599!
Customers successfully apply for CNCBI $mart Plus Tax Season Loan / CNCBI $mart Plus Personal Instalment Loan - Debt Consolidate via MoneySmart and draw down the designated loan amount could enjoy up to HK$4,000 Apple Store Gift Card / PARKnSHOP Supermarket Voucher/ SHKP Malls Gift Card ! New gift options include but not limited to AirPods Max / Apple HomePod/ JBL Charge 5 Wireless Speaker/ Bose QuietComfort Headphones!



【Tax Season Clear Ahead🧧】Earn 6,000 SmartPoints (equivalent to HK$600) with Your Tax Loan Application】
From now until 29 Febraury, apply for CNCBI $mart Plus Tax Season Loan via MoneySmart, you can earn an extra 6,000 SmartPoints regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$400 cash! Click here to learn more.

Valid until 29 Feb 2024 - See more details below
Apply Now
Standard Chartered logo

Monthly Payment

HK$8,873

Monthly Payment
MoneySmart Exclusive
Guaranteed application reward HK$600
APR*
6.28%
Total Amount Payable
HK$212,960
Total Interest Payable
HK$12,960
Monthly Payment
HK$8,873

【MoneySmart Exclusive Offer 】- Get total reward up to HK$17,898! From now on until 29 February 2024, customers successfully apply for loan via MoneySmart and draw down the designated loan amount could enjoy up to SAMSUNG Galaxy S24 Ultra Smartphone (retail price $9,898) or HK$7,800 PARKnSHOP supermarket voucher or HK$7,800 Apple Store Gift Card.

Enjoy SC bank welcome offer up to HK$8,000 cash rebate, total rewards up to HK$17,898! Online loan application can enter lucky draw of Japan Business Round trip AirTicket! (worth 128,000 Miles^)Total - 10 winners or HK$2,000 travel e-coupon Total - 10 winners.



【Tax Season Clear Ahead🧧】Earn 6,000 SmartPoints (equivalent to HK$600 vouchers) with Your Tax Loan Application】From now until 29 Febraury, apply for Standard Chartered Personal Instalment Loan - Tax Season Loan via MoneySmart, you can earn an extra 6,000 SmartPoints regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$400 cash! Click here to learn more.

Valid until 29 Feb 2024 - See more details below
Apply Now
WeLend logo

Monthly Payment

HK$8,573

Monthly Payment
MoneySmart Exclusive
Guaranteed application reward HK$600
The lowest APR
1.88%
Total Amount Payable
HK$205,760
Total Interest Payable
HK$5,760
Monthly Payment
HK$8,573

 Selected customers can receive up to HK$16,000 Cash Rebate upon successful draw down!

【Tax Season Clear Ahead🧧】Earn 6,000 SmartPoints (equivalent to HK$600) with Your Tax Loan Application】
From now until 29 Febraury, apply for WeLend Personal Loan (Available for tax season) via MoneySmart, you can earn an extra 6,000 SmartPoints regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$400 cash! Click here to learn more.

Valid until 29 Feb 2024 - See more details below
Apply Now
AEON Credit Service logo

Monthly Payment

HK$8,693

Monthly Payment
MoneySmart Exclusive
Guaranteed application reward HK$600
APR*
4.17%
Total Amount Payable
HK$208,640
Total Interest Payable
HK$8,640
Monthly Payment
HK$8,693

Upon successful application and drawdown, AEON Tax Loan will be eligible to receive up to HK$10,000 cash rebate and Offer monthly flat rate as low as 0.14%! Apply now and enjoy the cash rebate!

【Tax Season Clear Ahead🧧】Earn 6,000 SmartPoints (equivalent to HK$600) with Your Tax Loan Application】

From now until 29 Febraury, apply for AEON Too Easy Tax Loan via MoneySmart, you can earn an extra 6,000 SmartPoints regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$400 cash! Click here to learn more.

Valid until 29 Feb 2024 - See more details below
Apply Now
Grantit logo

Monthly Payment

HK$8,533

Monthly Payment
MoneySmart Exclusive
Guaranteed application reward HK$600
APR*
2.0%
Total Amount Payable
HK$204,800
Total Interest Payable
HK$4,800
Monthly Payment
HK$8,533

From now until 29 February 2024, download the Grantit App and use the promo code 【Moneysmart100】to get a $100 cash reward upon approval and signing of the loan contract in the app. Get extra HK$500 PARKnSHOP Supermarket vouchers when drawdown the loan amount HK$5,000 or above successfully within the promotion period! Total welcome rewards up to HK$600!



【Tax Season Clear Ahead🧧】Earn 6,000 SmartPoints (equivalent to HK$600) with Your Tax Loan Application】

From now until 29 Febraury, apply for Grantit TU-Free Tax Loan via MoneySmart, you can earn an extra 6,000 SmartPoints regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$400 cash! Click here to learn more.

Valid until 29 Feb 2024 - See more details below
Apply Now
Bank of China logo

Monthly Payment

HK$8,778

Monthly Payment
Bank Promo
APR as low as 1.78%*
APR*
1.78%
Total Amount Payable
HK$210,670.40
Total Interest Payable
HK$10,670.40
Monthly Payment
HK$8,778
Bank Promo:
【Limited Offer】Apply BOC Express Cash – Tax Season Loan via MoneySmart website, with insert reference code “AS”, can enjoy extra HK$100 Cash Rebate. Terms and Conditions applied. Including basic Cash Rebate Offer, you can enjoy up to HK$6,500 Cash Rebate in total!
Valid until 29 Feb 2024 - See more details below
Read More
Standard Chartered logo

Monthly payment

HK$8,736

Monthly payment
MoneySmart Exclusive
Guaranteed application reward HK$600
APR*
4.67%
Total Payable Amount
HK$209,672
Total interest payable
HK$9,672
Monthly payment
HK$8,736

【MoneySmart Exclusive Offer 】- Get total reward up to HK$30,898! Get loan to enjoy a monthly flat rate as low as 0.2%^
From now on until 29 February 2024, customers successfully apply for loan via MoneySmart and draw down the designated loan amount could enjoy up to a SAMSUNG Galaxy S24 Ultra Smartphone (retail price $9,898)orHK$7,800 PARKnSHOP supermarket voucher or HK$7,800 Apple Store Gift Card.

Enjoy SC bank welcome offer up to HK$21,000 cash rebate, total rewards up to HK$30,898! Online loan application can enter lucky draw of Japan Business Round trip AirTicket! (worth 128,000 Miles^)Total - 10 winners or HK$2,000 travel e-coupon Total - 10 winners.



【Tax Season Clear Ahead🧧】Earn 6,000 SmartPoints (equivalent to HK$600 vouchers) with Your Tax Loan Application】From now until 29 Febraury, apply for Standard Chartered Personal Instalment Loan - Tax Season Loan via MoneySmart, you can earn an extra 6,000 SmartPoints regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$400 cash! Click here to learn more.

Valid until 29 Feb 2024 - See more details below
Apply Now
UA Finance logo

Monthly Payment

HK$8,453

Monthly Payment
Loan amount up to 300% of tax payable
APR*
1.38%
Total Amount Payable
HK$202,880
Total Interest Payable
HK$2,880
Monthly Payment
HK$8,453
Apply Now
Promise logo

Monthly Payment

HK$8,733

Monthly Payment
MoneySmart Exclusive
Instant Approval Online◉
APR*
4.49%
Total Amount Payable
HK$209,600
Total Interest Payable
HK$9,600
Monthly Payment
HK$8,733
[Get HK$10,000 loan with HK$500 Cash Rewards] From now until 31 March 2024, successfully apply for Promise Loan and drawdown with the loan amount of HK$10,000, can enjoy HK$500 cash rewards▲. You can apply even without a full-time job◆
Valid until 31 Mar 2024 - See more details below
Apply Now
HSBC logo

Monthly payment

HK$9,113

Monthly payment
Bank Promo
APR
1.88%*
Total Amount Payable
HK$218,720
Total interest payable
HK$18,720
Monthly payment
HK$9,113
Bank Promo:
Customers who apply for a specified loan amount through MoneySmart and successfully apply during the promotion period are subject to this promotion and the relevant terms and conditions, receiving as low as 1.88% APR and up to $13,888 rewards! (Fulfilled by HSBC)

【Limited-Time Flash Offer】Apply from February 16 to February 29 2024 to receive extra flash cash rewards up to $9,000. Earn a total reward of up to $22,888!
Valid until 29 Feb 2024 - See more details below
Apply Now

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Best Tax Loans in HK

Tax LoansAPR as low asFeatures
Citibank Tax Season Loan1.38%Up to 60 months Repayment period
DBS Tax Season Loan1.33%0% handling fee
PrimeCredit Fixed Loan (Tax Season Loan)2.38%Instant disbursement
Hang Seng Tax Comforter Loan 1.35%*Offers interest-free First-month Payment Holiday
ZA Bank fixed-rate tax loan 1.58%APR guaranteed at 1.58% for a successful loan drawdown of HKD 200,000 or above with a tenor of 6 – 36 months after using the loan discount coupon.

What is Tax Loan?

Tax loan is type of loan offered during tax season to help applicants cover their tax bills. Check out this guide on how to pay tax and compare tax loans for more information.

Why should I apply for tax loans?

1. Tax loan programmes are launched in October and November every year by major banks. To attract customers, it usually comes with a very low rate and cash rebate.

2. The APR of tax loans can be as low <2%. The higher the loan amount, the lower the rate.

3. The loan amount is very high - between HK$2M-4M. It can be used not only for tax payment but also for your other plans in life.

4. The repayment period is shorter than personal loan, but it is between 6-24 months

Why do we need tax loans?

Paying tax

During the tax season, Hong Kong banks and private financial lenders provide tax loans in a lower interest rate with longer repayment, some of them even extend to 48 months. So that you are able to manage cash flow with higher flexibility.

Simpler and more flexible loan application

Lower interest rates, simpler application and fewer limitations are highlights. As long as you’re age 18+ and earning HK$60,000+/year or HK$5,000+/month, you’re welcomed to apply for tax loans. Bring a copy of your latest tax slip and you’re good to go!

How to pick the best tax loan?

Interest rate is not the ONLY factor for comparing tax loans

Comparing loan plans are not only about interest rates but the total costs of your loan, such as the total amount, repayment period, and handling fee. So, Annual Percentage Rate (APR) expressed as a percentage of the actual yearly cost of a loan over the term. It is the best indicator when doing the comparison of different loan plans.

Are Tax loans only for tax payment?

Tax loans are not only for tax payment. It can be used for funds for your other plans, such as a home renovation, marriage, further education or additional cash flow.

Tips for Getting Tax Loans and Comparing Tax Loans

Tip #1

Annual Percentage Rate (APR) is the key to compare loans

The calculation of APR includes all the interests, admin fees and handling fees of a tax loan. That’s why APR is the best way to compare the actual expenses of tax loans.

Tip #2

Different loan promotions launch in tax seasons

Banks and private lenders usually launch tax loan offers from October to April of the next year. Out of all loan promotions, cash rebate is the most common one – the more you borrow, the more rebates you can get.

Tip #3

Be aware of the terms and conditions in loans

Some tax loans may look attractive with an extremely low interest rate. But everything come at a price — the banks will ask you to set up an account and make a huge deposit first; or they’ll set a bottom limit to your borrowing amount, then you’ll have to borrow a loan of $1,000,000+ to get the lowest interest rate.

How can I apply for Tax Loan? Can I apply online?

You can apply for a tax loan through bank branches, websites or mobile apps. You may be required to submit a copy of your tax return when applying for a tax loan. It is important to "shop around" comparing relevant information and terms provided by different banks before applying. You can have a quick overview of all the major tax loan programmes available on MoneySmart before you make your decision.
You can also apply for tax loan online via MoneySmart online. Successful applicants to certain tax loan products such as Citi Tax Loan can even earn extra cash vouchers.

Frequently Asked Questions

Am I qualified for tax loan applications?

If you’re 18+ and earning HK$60,000+/year or HK$5,000+/month, simply bring a copy of your latest tax slip, you’re qualified.

Where can I get a tax loan?

Banks and financial lenders usually launch tax loan offers from October to April of the next year.

How much can I borrow from a tax loan?

It depends on your salary. Banks and financial lenders can borrow you a tax loan at maximum 8x to 12x of your monthly salary.

How long can my tax loan repayment period be?

Normally it’s 6 to 24 months for tax loans. Banks and financial lenders will set you a fixed repayment amount. The longer the repayment period, the lower the monthly repayment amount, and the higher the interest rate.

Do tax loans have any extra handling fee?

Some banks not only calculate interest with monthly flat rate, but they also charge you a handling fee, which is usually 1% of your loan amount.

What are the interest rates of tax loans?

The annualised percentage rate of tax loans is between 2% to 11%, depending on your loan amount and repayment period.

What do I need to prepare for my tax loan application?

You’ll need these are the documents for your tax loan:
  • Photocopy of your HKID card (both sides);
  • If you’re an employee, you’ll need your salary proof or your bank statement for the last 3 months and the latest tax slip.
  • If you’re self-employed, you’ll need your full set of latest Profits Tax Demand Note for the last 2 years and your bank statement for the last 6 months.