Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,010,000 元
Income Tax
- 430,605 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 437,394 元
Net pay
* 572,606 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
572,606 元
Net pay
11,545 元
Tax the employer pays
437,394 元
Tax you pay
Total tax paid
448,939 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 1,010,000 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 12,120,000 元 a year living in the region of Beijing, China, you will be taxed 5,248,729 元. That means that your net pay will be 6,871,271 元 per year, or 572,606 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 6878775
43.2%
1
Beijing
CNY 6871271
43.3%
2
Guangzhou
CNY 6870492
43.3%
3
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 10544400
13.0%
1
Hungary
CNY 9877800
18.5%
2
Ukraine
CNY 9756600
19.5%
3
Czech Republic
CNY 9324766
23.1%
4
Romania
CNY 7090200
41.5%
5
Poland
CNY 6995536
42.3%
6
Greece
CNY 6802056
43.9%
7
Switzerland
CNY 6609716
45.5%
8
Norway
CNY 6477221
46.6%
9
United Kingdom
CNY 6432957
46.9%
10
Luxembourg
CNY 6416902
47.1%
11
Spain
CNY 6405759
47.2%
12
Denmark
CNY 6301275
48.0%
13
Austria
CNY 6208018
48.8%
14
Netherlands
CNY 6186914
49.0%
15
Sweden
CNY 6130126
49.4%
16
Germany
CNY 5973417
50.7%
17
Ireland
CNY 5924644
51.1%
18
Italy
CNY 5874132
51.5%
19
France
CNY 5309048
56.2%
20
Finland
CNY 4573224
62.3%
21
Belgium
CNY 4569717
62.3%
22
Portugal
CNY 4427786
63.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CNY 6713427
44.6%
1
Canada
CNY 5801173
52.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 10858861
10.4%
1
Hong Kong
CNY 10083316
16.8%
2
Singapore
CNY 9515498
21.5%
3
Indonesia
CNY 8219972
32.2%
4
Thailand
CNY 7977621
34.2%
5
Pakistan
CNY 7910297
34.7%
6
Vietnam
CNY 7889856
34.9%
7
Philippines
CNY 7575342
37.5%
8
New Zealand
CNY 7470152
38.4%
9
Taiwan
CNY 7454099
38.5%
10
Malaysia
CNY 7291143
39.8%
11
China
CNY 6871271
43.3%
12
Japan
CNY 6722766
44.5%
13
Australia
CNY 6562460
45.9%
14
South Korea
CNY 6540575
46.0%
15
India
CNY 2971292
75.5%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 10732790
11.5%
1
Brazil
CNY 8791055
27.5%
2
Costa Rica
CNY 8217407
32.2%
3
Panama
CNY 8138146
32.9%
4
Mexico
CNY 7912840
34.7%
5
Argentina
CNY 7877950
35.0%
6
Puerto Rico
CNY 7876668
35.0%
7
Colombia
CNY 7563255
37.6%
8
Uruguay
CNY 7558365
37.6%
9
Peru
CNY 7480432
38.3%
10
Chile
CNY 7448226
38.6%
11
Ecuador
CNY 7012584
42.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 8818551
27.2%
1
Kenya
CNY 8487658
30.0%
2
Ivory Coast
CNY 8261176
31.8%
3
Nigeria
CNY 8244921
32.0%
4
Ghana
CNY 8024580
33.8%
5
Mozambique
CNY 7893965
34.9%
6
Zambia
CNY 7455908
38.5%
7
Cameroon
CNY 7388159
39.0%
8
Morocco
CNY 7360887
39.3%
9
Senegal
CNY 7280257
39.9%
10
South Africa
CNY 6737824
44.4%
11
Uganda
CNY 6691791
44.8%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 12043379
0.6%
1
Saudi Arabia
CNY 12016000
0.9%
2
Bahrain
CNY 11934308
1.5%
3
United Arab Emirates
CNY 11514000
5.0%
4
Qatar
CNY 11514000
5.0%
5
Oman
CNY 11150400
8.0%
6
Egypt
CNY 9091995
25.0%
7
Lebanon
CNY 9091366
25.0%
8
Turkey
CNY 7060192
41.8%
9
Israel
CNY 6236867
48.5%
10
Show more
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.