Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
25,000 元
Income Tax
- 2,885 元
Housing Fund
- 3,000 元
Pension
- 2,000 元
Medical Insurance
- 500 元
Unemployment
- 125 元
Total tax
- 8,510 元
Net pay
* 16,490 元
Marginal tax rate
38.0%
Average tax rate
34.0%
66.0%
Net pay
34.0%
Total tax
Total tax
Net pay
Summary
If you make 300,000 元 a year living in the region of Beijing, China, you will be taxed 102,120 元. That means that your net pay will be 197,880 元 per year, or 16,490 元 per month. Your average tax rate is 34.0% and your marginal tax rate is 38.0%. 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 38 元, hence, your net pay will only increase by 62 元.
Bonus Example
A 1,000 元 bonus will generate an extra 620 元 of net incomes. A 5,000 元 bonus will generate an extra 3,100 元 of net incomes.
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.