Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,540,000 元
Income Tax
- 669,105 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 675,894 元
Net pay
* 864,106 元
Marginal tax rate
45.0%
Average tax rate
43.9%
56.1%
Net pay
43.9%
Total tax
Total tax
Net pay
The Taxberg
864,106 元
Net pay
11,545 元
Tax the employer pays
675,894 元
Tax you pay
Total tax paid
687,439 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 1,540,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.46 元 goes to the government.
Real tax rate
44.3%
So, with you and the employer both paying tax, what used to be a 43.9% tax rate now rises to 44.3%, meaning your real tax rate is actually 0.4% higher than what it seemed at first.
Summary
If you make 18,480,000 元 a year living in the region of Beijing, China, you will be taxed 8,110,729 元. That means that your net pay will be 10,369,271 元 per year, or 864,106 元 per month. Your average tax rate is 43.9% 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 10376775
43.8%
1
Beijing
CNY 10369271
43.9%
2
Guangzhou
CNY 10368492
43.9%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 10103307
45.3%
1
Canada
CNY 8756691
52.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 16582861
10.3%
1
Hong Kong
CNY 15362116
16.9%
2
Singapore
CNY 14476298
21.7%
3
Indonesia
CNY 12519332
32.3%
4
Thailand
CNY 12111621
34.5%
5
Pakistan
CNY 12044297
34.8%
6
Vietnam
CNY 12023856
34.9%
7
Philippines
CNY 11523842
37.6%
8
New Zealand
CNY 11349752
38.6%
9
Taiwan
CNY 11270099
39.0%
10
Malaysia
CNY 11043480
40.2%
11
China
CNY 10369271
43.9%
12
Japan
CNY 10150350
45.1%
13
Australia
CNY 9933260
46.3%
14
South Korea
CNY 9855960
46.7%
15
India
CNY 3703138
80.0%
16
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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.