Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,560,000 元
Income Tax
- 678,105 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 684,894 元
Net pay
* 875,106 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
875,106 元
Net pay
11,545 元
Tax the employer pays
684,894 元
Tax you pay
Total tax paid
696,439 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 1,560,000 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 18,720,000 元 a year living in the region of Beijing, China, you will be taxed 8,218,729 元. That means that your net pay will be 10,501,271 元 per year, or 875,106 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
Beijing
CNY 10501271
43.9%
1
Guangzhou
CNY 10500492
43.9%
2
Shanghai
CNY 10508775
43.9%
3
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 16286400
13.0%
1
Hungary
CNY 15256800
18.5%
2
Ukraine
CNY 15069600
19.5%
3
Czech Republic
CNY 14406766
23.0%
4
Romania
CNY 10951200
41.5%
5
Poland
CNY 10794133
42.3%
6
Greece
CNY 10498056
43.9%
7
Switzerland
CNY 10101974
46.0%
8
Norway
CNY 9948821
46.9%
9
Luxembourg
CNY 9903022
47.1%
10
United Kingdom
CNY 9848457
47.4%
11
Spain
CNY 9824559
47.5%
12
Denmark
CNY 9681901
48.3%
13
Netherlands
CNY 9519914
49.2%
14
Italy
CNY 9475753
49.4%
15
Austria
CNY 9437303
49.6%
16
Sweden
CNY 9430748
49.6%
17
Germany
CNY 9172767
51.0%
18
Ireland
CNY 9092644
51.4%
19
France
CNY 8034848
57.1%
20
Belgium
CNY 7036790
62.4%
21
Finland
CNY 7003344
62.6%
22
Portugal
CNY 6803786
63.7%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CNY 10231227
45.4%
1
Canada
CNY 8868220
52.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 16798861
10.3%
1
Hong Kong
CNY 15561316
16.9%
2
Singapore
CNY 14663498
21.7%
3
Indonesia
CNY 12681572
32.3%
4
Thailand
CNY 12267621
34.5%
5
Pakistan
CNY 12200297
34.8%
6
Vietnam
CNY 12179856
34.9%
7
Philippines
CNY 11672842
37.7%
8
New Zealand
CNY 11496152
38.6%
9
Taiwan
CNY 11414099
39.0%
10
Malaysia
CNY 11185077
40.3%
11
China
CNY 10501271
43.9%
12
Japan
CNY 10279693
45.1%
13
Australia
CNY 10060460
46.3%
14
South Korea
CNY 9981068
46.7%
15
India
CNY 3730755
80.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 16574325
11.5%
1
Brazil
CNY 13576055
27.5%
2
Costa Rica
CNY 12647657
32.4%
3
Panama
CNY 12543646
33.0%
4
Mexico
CNY 12202840
34.8%
5
Argentina
CNY 12167950
35.0%
6
Puerto Rico
CNY 12143568
35.1%
7
Colombia
CNY 11589097
38.1%
8
Uruguay
CNY 11566941
38.2%
9
Peru
CNY 11522932
38.5%
10
Chile
CNY 11408226
39.1%
11
Ecuador
CNY 10777653
42.4%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 13620051
27.2%
1
Kenya
CNY 13107658
30.0%
2
Ivory Coast
CNY 12764521
31.8%
3
Nigeria
CNY 12734241
32.0%
4
Ghana
CNY 12390480
33.8%
5
Mozambique
CNY 12183965
34.9%
6
Zambia
CNY 11514908
38.5%
7
Cameroon
CNY 11406569
39.1%
8
Morocco
CNY 11360408
39.3%
9
Senegal
CNY 11240257
40.0%
10
South Africa
CNY 10367824
44.6%
11
Uganda
CNY 10321791
44.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 18643379
0.4%
1
Saudi Arabia
CNY 18616000
0.6%
2
Bahrain
CNY 18468308
1.3%
3
United Arab Emirates
CNY 17784000
5.0%
4
Qatar
CNY 17784000
5.0%
5
Oman
CNY 17222400
8.0%
6
Egypt
CNY 14041995
25.0%
7
Lebanon
CNY 14041366
25.0%
8
Turkey
CNY 10904098
41.8%
9
Israel
CNY 9536867
49.1%
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.