Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
420,000 元
Income Tax
- 165,105 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 171,894 元
Net pay
* 248,106 元
Marginal tax rate
45.0%
Average tax rate
40.9%
59.1%
Net pay
40.9%
Total tax
Total tax
Net pay
The Taxberg
248,106 元
Net pay
11,545 元
Tax the employer pays
171,894 元
Tax you pay
Total tax paid
183,439 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 420,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.37 元 goes to the government.
Real tax rate
42.5%
So, with you and the employer both paying tax, what used to be a 40.9% tax rate now rises to 42.5%, meaning your real tax rate is actually 1.6% higher than what it seemed at first.
Summary
If you make 5,040,000 元 a year living in the region of Beijing, China, you will be taxed 2,062,729 元. That means that your net pay will be 2,977,271 元 per year, or 248,106 元 per month. Your average tax rate is 40.9% 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
Shanghai
CNY 2984775
40.8%
1
Beijing
CNY 2977271
40.9%
2
Guangzhou
CNY 2976492
40.9%
3
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 4384800
13.0%
1
Hungary
CNY 4107600
18.5%
2
Ukraine
CNY 4057200
19.5%
3
Czech Republic
CNY 3873166
23.2%
4
Romania
CNY 2948400
41.5%
5
Poland
CNY 2920677
42.1%
6
Switzerland
CNY 2891980
42.6%
7
Greece
CNY 2837256
43.7%
8
United Kingdom
CNY 2769057
45.1%
9
Norway
CNY 2753141
45.4%
10
Spain
CNY 2738319
45.7%
11
Austria
CNY 2732666
45.8%
12
Luxembourg
CNY 2677246
46.9%
13
Denmark
CNY 2674786
46.9%
14
Netherlands
CNY 2611514
48.2%
15
Sweden
CNY 2589458
48.6%
16
Germany
CNY 2541387
49.6%
17
Ireland
CNY 2526244
49.9%
18
France
CNY 2385008
52.7%
19
Italy
CNY 2339659
53.6%
20
Finland
CNY 1966368
61.0%
21
Belgium
CNY 1923220
61.8%
22
Portugal
CNY 1878986
62.7%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CNY 2939787
41.7%
1
Canada
CNY 2511069
50.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 4486861
11.0%
1
Hong Kong
CNY 4206916
16.5%
2
Singapore
CNY 3993098
20.8%
3
Indonesia
CNY 3433892
31.9%
4
Thailand
CNY 3375621
33.0%
5
Pakistan
CNY 3308297
34.4%
6
Vietnam
CNY 3287856
34.8%
7
Taiwan
CNY 3206099
36.4%
8
Philippines
CNY 3179843
36.9%
9
New Zealand
CNY 3151352
37.5%
10
Malaysia
CNY 3114014
38.2%
11
China
CNY 2977271
40.9%
12
Japan
CNY 2907153
42.3%
13
South Korea
CNY 2849864
43.5%
14
Australia
CNY 2810060
44.2%
15
India
CNY 2156595
57.2%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 4466417
11.4%
1
Brazil
CNY 3658055
27.4%
2
Costa Rica
CNY 3464957
31.3%
3
Panama
CNY 3412246
32.3%
4
Mexico
CNY 3310840
34.3%
5
Puerto Rico
CNY 3299448
34.5%
6
Argentina
CNY 3275950
35.0%
7
Uruguay
CNY 3258256
35.4%
8
Colombia
CNY 3244625
35.6%
9
Chile
CNY 3200226
36.5%
10
Peru
CNY 3143932
37.6%
11
Ecuador
CNY 2973692
41.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 3667851
27.2%
1
Kenya
CNY 3531658
29.9%
2
Ivory Coast
CNY 3430315
31.9%
3
Nigeria
CNY 3429105
32.0%
4
Ghana
CNY 3341160
33.7%
5
Mozambique
CNY 3291965
34.7%
6
Zambia
CNY 3101708
38.5%
7
Cameroon
CNY 3077501
38.9%
8
Morocco
CNY 3070492
39.1%
9
Senegal
CNY 3032257
39.8%
10
South Africa
CNY 2843824
43.6%
11
Uganda
CNY 2797791
44.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 4963379
1.5%
1
Saudi Arabia
CNY 4936000
2.1%
2
Bahrain
CNY 4925108
2.3%
3
United Arab Emirates
CNY 4788000
5.0%
4
Qatar
CNY 4788000
5.0%
5
Oman
CNY 4636800
8.0%
6
Egypt
CNY 3781995
25.0%
7
Lebanon
CNY 3781366
25.0%
8
Turkey
CNY 2936730
41.7%
9
Israel
CNY 2696867
46.5%
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.