Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
585,000 元
Income Tax
- 239,355 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 246,144 元
Net pay
* 338,856 元
Marginal tax rate
45.0%
Average tax rate
42.1%
57.9%
Net pay
42.1%
Total tax
Total tax
Net pay
The Taxberg
338,856 元
Net pay
11,545 元
Tax the employer pays
246,144 元
Tax you pay
Total tax paid
257,689 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 585,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.40 元 goes to the government.
Real tax rate
43.2%
So, with you and the employer both paying tax, what used to be a 42.1% tax rate now rises to 43.2%, meaning your real tax rate is actually 1.1% higher than what it seemed at first.
Summary
If you make 7,020,000 元 a year living in the region of Beijing, China, you will be taxed 2,953,729 元. That means that your net pay will be 4,066,271 元 per year, or 338,856 元 per month. Your average tax rate is 42.1% 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.
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 4073775
42.0%
1
Beijing
CNY 4066271
42.1%
2
Guangzhou
CNY 4065492
42.1%
3
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 6107400
13.0%
1
Hungary
CNY 5721300
18.5%
2
Ukraine
CNY 5651100
19.5%
3
Czech Republic
CNY 5397766
23.1%
4
Romania
CNY 4106700
41.5%
5
Poland
CNY 4060256
42.2%
6
Greece
CNY 3946056
43.8%
7
Switzerland
CNY 3913387
44.3%
8
Norway
CNY 3794621
46.0%
9
United Kingdom
CNY 3793707
46.0%
10
Spain
CNY 3763959
46.4%
11
Luxembourg
CNY 3723082
47.0%
12
Austria
CNY 3712662
47.1%
13
Denmark
CNY 3688973
47.5%
14
Netherlands
CNY 3611414
48.6%
15
Sweden
CNY 3579645
49.0%
16
Germany
CNY 3501192
50.1%
17
Ireland
CNY 3476644
50.5%
18
Italy
CNY 3238183
53.9%
19
France
CNY 3202748
54.4%
20
Finland
CNY 2695404
61.6%
21
Belgium
CNY 2663342
62.1%
22
Portugal
CNY 2591786
63.1%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CNY 3995127
43.1%
1
Canada
CNY 3431183
51.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 6268861
10.7%
1
Hong Kong
CNY 5850316
16.7%
2
Singapore
CNY 5537498
21.1%
3
Indonesia
CNY 4772372
32.0%
4
Thailand
CNY 4662621
33.6%
5
Pakistan
CNY 4595297
34.5%
6
Vietnam
CNY 4574856
34.8%
7
Philippines
CNY 4409093
37.2%
8
Taiwan
CNY 4394099
37.4%
9
New Zealand
CNY 4359152
37.9%
10
Malaysia
CNY 4282194
39.0%
11
China
CNY 4066271
42.1%
12
Japan
CNY 3974231
43.4%
13
South Korea
CNY 3882012
44.7%
14
Australia
CNY 3859460
45.0%
15
India
CNY 2384434
66.0%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 6218877
11.4%
1
Brazil
CNY 5093555
27.4%
2
Costa Rica
CNY 4794032
31.7%
3
Panama
CNY 4733896
32.6%
4
Mexico
CNY 4597840
34.5%
5
Puerto Rico
CNY 4579518
34.8%
6
Argentina
CNY 4562950
35.0%
7
Uruguay
CNY 4460829
36.5%
8
Colombia
CNY 4452377
36.6%
9
Chile
CNY 4388226
37.5%
10
Peru
CNY 4356682
37.9%
11
Ecuador
CNY 4103212
41.6%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 6943379
1.1%
1
Saudi Arabia
CNY 6916000
1.5%
2
Bahrain
CNY 6885308
1.9%
3
United Arab Emirates
CNY 6669000
5.0%
4
Qatar
CNY 6669000
5.0%
5
Oman
CNY 6458400
8.0%
6
Egypt
CNY 5266995
25.0%
7
Lebanon
CNY 5266366
25.0%
8
Turkey
CNY 4089901
41.7%
9
Israel
CNY 3686867
47.5%
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.