Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
120,000 元
Income Tax
- 30,271 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 37,060 元
Net pay
* 82,940 元
Marginal tax rate
43.0%
Average tax rate
30.9%
69.1%
Net pay
30.9%
Total tax
Total tax
Net pay
The Taxberg
82,940 元
Net pay
11,545 元
Tax the employer pays
37,060 元
Tax you pay
Total tax paid
48,604 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 120,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.05 元 goes to the government.
Real tax rate
36.9%
So, with you and the employer both paying tax, what used to be a 30.9% tax rate now rises to 36.9%, meaning your real tax rate is actually 6% higher than what it seemed at first.
Summary
If you make 1,440,000 元 a year living in the region of Beijing, China, you will be taxed 444,719 元. That means that your net pay will be 995,281 元 per year, or 82,940 元 per month. Your average tax rate is 30.9% and your marginal tax rate is 43.0%. 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 43.01 元, hence, your net pay will only increase by 56.99 元.
Bonus Example
A 1,000 元 bonus will generate an extra 570 元 of net incomes. A 5,000 元 bonus will generate an extra 2,850 元 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 1004775
30.2%
1
Beijing
CNY 995281
30.9%
2
Guangzhou
CNY 994475
30.9%
3
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 1252800
13.0%
1
Hungary
CNY 1173600
18.5%
2
Ukraine
CNY 1159200
19.5%
3
Czech Republic
CNY 1101166
23.5%
4
Switzerland
CNY 1011280
29.8%
5
United Kingdom
CNY 902644
37.3%
6
Norway
CNY 859541
40.3%
7
France
CNY 855768
40.6%
8
Spain
CNY 855408
40.6%
9
Austria
CNY 851090
40.9%
10
Poland
CNY 848715
41.1%
11
Romania
CNY 842400
41.5%
12
Denmark
CNY 830808
42.3%
13
Greece
CNY 821256
43.0%
14
Ireland
CNY 798244
44.6%
15
Netherlands
CNY 793514
44.9%
16
Sweden
CNY 789106
45.2%
17
Luxembourg
CNY 774663
46.2%
18
Germany
CNY 768923
46.6%
19
Italy
CNY 705979
51.0%
20
Finland
CNY 640848
55.5%
21
Portugal
CNY 618986
57.0%
22
Belgium
CNY 577544
59.9%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CNY 971566
32.5%
1
Canada
CNY 836953
41.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 1246861
13.4%
1
Hong Kong
CNY 1218916
15.4%
2
Singapore
CNY 1178209
18.2%
3
Taiwan
CNY 1045599
27.4%
4
Thailand
CNY 1035495
28.1%
5
Indonesia
CNY 1000292
30.5%
6
China
CNY 995281
30.9%
7
Pakistan
CNY 968297
32.8%
8
New Zealand
CNY 955352
33.7%
9
Malaysia
CNY 948930
34.1%
10
Vietnam
CNY 947856
34.2%
11
Philippines
CNY 944843
34.4%
12
Japan
CNY 940756
34.7%
13
South Korea
CNY 938291
34.8%
14
Australia
CNY 902060
37.4%
15
India
CNY 762551
47.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 1280125
11.1%
1
Costa Rica
CNY 1048457
27.2%
2
Brazil
CNY 1048055
27.2%
3
Uruguay
CNY 1042928
27.6%
4
Colombia
CNY 1035670
28.1%
5
Chile
CNY 1028292
28.6%
6
Panama
CNY 1009246
29.9%
7
Puerto Rico
CNY 971985
32.5%
8
Mexico
CNY 969713
32.7%
9
Peru
CNY 938932
34.8%
10
Argentina
CNY 935950
35.0%
11
Ecuador
CNY 920018
36.1%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 1048851
27.2%
1
Kenya
CNY 1011658
29.8%
2
Nigeria
CNY 980385
31.9%
3
Ivory Coast
CNY 973945
32.4%
4
Ghana
CNY 959760
33.4%
5
Mozambique
CNY 951965
33.9%
6
Morocco
CNY 888935
38.3%
7
Zambia
CNY 887708
38.4%
8
Cameroon
CNY 885641
38.5%
9
Senegal
CNY 872257
39.4%
10
South Africa
CNY 863824
40.0%
11
Uganda
CNY 817791
43.2%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CNY 1368000
5.0%
1
Qatar
CNY 1368000
5.0%
2
Kuwait
CNY 1363379
5.3%
3
Bahrain
CNY 1361108
5.5%
4
Saudi Arabia
CNY 1336000
7.2%
5
Oman
CNY 1324800
8.0%
6
Egypt
CNY 1081995
24.9%
7
Lebanon
CNY 1081366
24.9%
8
Israel
CNY 895671
37.8%
9
Turkey
CNY 840054
41.7%
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.