Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
355,000 元
Income Tax
- 135,855 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 142,644 元
Net pay
* 212,356 元
Marginal tax rate
45.0%
Average tax rate
40.2%
59.8%
Net pay
40.2%
Total tax
Total tax
Net pay
The Taxberg
212,356 元
Net pay
11,545 元
Tax the employer pays
142,644 元
Tax you pay
Total tax paid
154,189 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 355,000 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
42.1%
So, with you and the employer both paying tax, what used to be a 40.2% tax rate now rises to 42.1%, meaning your real tax rate is actually 1.9% higher than what it seemed at first.
Summary
If you make 4,260,000 元 a year living in the region of Beijing, China, you will be taxed 1,711,729 元. That means that your net pay will be 2,548,271 元 per year, or 212,356 元 per month. Your average tax rate is 40.2% 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 2555775
40.0%
1
Beijing
CNY 2548271
40.2%
2
Guangzhou
CNY 2547492
40.2%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 2523191
40.8%
1
Canada
CNY 2148600
49.6%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 3776053
11.4%
1
Brazil
CNY 3092555
27.4%
2
Costa Rica
CNY 2941382
31.0%
3
Panama
CNY 2891596
32.1%
4
Mexico
CNY 2803840
34.2%
5
Puerto Rico
CNY 2795178
34.4%
6
Uruguay
CNY 2784515
34.6%
7
Colombia
CNY 2768844
35.0%
8
Argentina
CNY 2768950
35.0%
9
Chile
CNY 2732226
35.9%
10
Peru
CNY 2666182
37.4%
11
Ecuador
CNY 2528729
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.