Income tax calculator Beijing
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
340,000 元
Income Tax
- 129,105 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 135,894 元
Net pay
*
204,106 元
Marginal tax rate
45.0%
Average tax rate
40.0%
60.0%
Net pay
40.0%
Total tax
Total tax
Net pay
The Taxberg
204,106 元
Net pay
11,545 元
Tax the employer pays
135,894 元
Tax you pay
Total tax paid
147,439 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 340,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.34 元 goes to the government.
Real tax rate
41.9%
So, with you and the employer both paying tax, what used to be a 40% tax rate now rises to 41.9%, meaning your real tax rate is actually 1.9% higher than what it seemed at first.
Summary
If you make 4,080,000 元 a year living in the region of Beijing, China, you will be taxed 1,630,729 元. That means that your net pay will be 2,449,271 元 per year, or 204,106 元 per month. Your average tax rate is 40.0% 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 2456775
39.8%
1
Beijing
CNY 2449271
40.0%
2
Guangzhou
CNY 2448492
40.0%
3
North America
Country
Net pay
Average tax
Rank
USA
CNY 2425348
40.6%
1
Canada
CNY 2064953
49.4%
2
Africa
Country
Net pay
Average tax
Rank
Angola
CNY 2969451
27.2%
1
Kenya
CNY 2859658
29.9%
2
Nigeria
CNY 2776113
32.0%
3
Ivory Coast
CNY 2775283
32.0%
4
Ghana
CNY 2706120
33.7%
5
Mozambique
CNY 2667965
34.6%
6
Zambia
CNY 2511308
38.5%
7
Cameroon
CNY 2493005
38.9%
8
Morocco
CNY 2488743
39.0%
9
Senegal
CNY 2456257
39.8%
10
South Africa
CNY 2315824
43.2%
11
Uganda
CNY 2269791
44.4%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Kuwait
CNY 4003379
1.9%
1
Saudi Arabia
CNY 3976000
2.6%
2
Bahrain
CNY 3974708
2.6%
3
United Arab Emirates
CNY 3876000
5.0%
4
Qatar
CNY 3876000
5.0%
5
Oman
CNY 3753600
8.0%
6
Egypt
CNY 3061995
25.0%
7
Lebanon
CNY 3061366
25.0%
8
Turkey
CNY 2377616
41.7%
9
Israel
CNY 2216867
45.7%
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.