Income tax calculator Beijing
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
342,692 元
Income Tax
- 130,316 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 137,106 元
Net pay
*
205,586 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
205,586 元
Net pay
11,545 元
Tax the employer pays
137,106 元
Tax you pay
Total tax paid
148,650 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 342,692 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
42.0%
So, with you and the employer both paying tax, what used to be a 40% tax rate now rises to 42.0%, meaning your real tax rate is actually 2% higher than what it seemed at first.
Summary
If you make 4,112,304 元 a year living in the region of Beijing, China, you will be taxed 1,645,266 元. That means that your net pay will be 2,467,038 元 per year, or 205,586 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 2474542
39.8%
1
Beijing
CNY 2467038
40.0%
2
Guangzhou
CNY 2466260
40.0%
3
North America
Country
Net pay
Average tax
Rank
USA
CNY 2442908
40.6%
1
Canada
CNY 2079965
49.4%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
CNY 3651934
11.2%
1
Hong Kong
CNY 3436928
16.4%
2
Singapore
CNY 3269496
20.5%
3
Indonesia
CNY 2806770
31.8%
4
Thailand
CNY 2772619
32.6%
5
Pakistan
CNY 2705294
34.2%
6
Vietnam
CNY 2684854
34.7%
7
Taiwan
CNY 2649482
35.6%
8
Philippines
CNY 2603898
36.7%
9
New Zealand
CNY 2585457
37.1%
10
Malaysia
CNY 2566678
37.6%
11
China
CNY 2467038
40.0%
12
Japan
CNY 2407191
41.5%
13
South Korea
CNY 2366268
42.5%
14
Australia
CNY 2318381
43.6%
15
India
CNY 2035926
50.5%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
CNY 3645331
11.4%
1
Brazil
CNY 2985475
27.4%
2
Costa Rica
CNY 2842241
30.9%
3
Panama
CNY 2793009
32.1%
4
Mexico
CNY 2707837
34.2%
5
Puerto Rico
CNY 2699692
34.4%
6
Uruguay
CNY 2694810
34.5%
7
Colombia
CNY 2678753
34.9%
8
Argentina
CNY 2672947
35.0%
9
Chile
CNY 2643609
35.7%
10
Peru
CNY 2575718
37.4%
11
Ecuador
CNY 2444474
40.6%
12
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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.