Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,009,999 元
Income Tax
- 430,604 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 437,394 元
Net pay
* 572,605 元
Marginal tax rate
45.0%
Average tax rate
43.3%
56.7%
Net pay
43.3%
Total tax
Total tax
Net pay
The Taxberg
572,605 元
Net pay
11,545 元
Tax the employer pays
437,394 元
Tax you pay
Total tax paid
448,938 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 1,009,999 元. In other words, every time you spend 10 元 of your hard-earned money, 4.44 元 goes to the government.
Real tax rate
43.9%
So, with you and the employer both paying tax, what used to be a 43.3% tax rate now rises to 43.9%, meaning your real tax rate is actually 0.6% higher than what it seemed at first.
Summary
If you make 12,119,988 元 a year living in the region of Beijing, China, you will be taxed 5,248,724 元. That means that your net pay will be 6,871,264 元 per year, or 572,605 元 per month. Your average tax rate is 43.3% and your marginal tax rate is 45.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 元 in your salary will be taxed 45 元, hence, your net pay will only increase by 55 元.
Bonus Example
A 1,000 元 bonus will generate an extra 550 元 of net incomes. A 5,000 元 bonus will generate an extra 2,750 元 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 6878768
43.2%
1
Beijing
CNY 6871264
43.3%
2
Guangzhou
CNY 6870486
43.3%
3
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 10544390
13.0%
1
Hungary
CNY 9877790
18.5%
2
Ukraine
CNY 9756590
19.5%
3
Czech Republic
CNY 9324757
23.1%
4
Romania
CNY 7090193
41.5%
5
Poland
CNY 6995529
42.3%
6
Greece
CNY 6802049
43.9%
7
Switzerland
CNY 6609710
45.5%
8
Norway
CNY 6477215
46.6%
9
United Kingdom
CNY 6432951
46.9%
10
Luxembourg
CNY 6416895
47.1%
11
Spain
CNY 6405752
47.2%
12
Denmark
CNY 6301269
48.0%
13
Austria
CNY 6208012
48.8%
14
Netherlands
CNY 6186908
49.0%
15
Sweden
CNY 6130120
49.4%
16
Germany
CNY 5973411
50.7%
17
Ireland
CNY 5924638
51.1%
18
Italy
CNY 5874126
51.5%
19
France
CNY 5309043
56.2%
20
Finland
CNY 4573219
62.3%
21
Belgium
CNY 4569713
62.3%
22
Portugal
CNY 4427782
63.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CNY 6713420
44.6%
1
Canada
CNY 5801168
52.1%
2
NOTE* Withholding is calculated based on the Beijing tables of China, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.