Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
60,000 元
Income Tax
- 9,873 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 16,662 元
Net pay
* 43,338 元
Marginal tax rate
-45.1%
Average tax rate
27.8%
72.2%
Net pay
27.8%
Total tax
Total tax
Net pay
The Taxberg
43,338 元
Net pay
11,545 元
Tax the employer pays
16,662 元
Tax you pay
Total tax paid
28,207 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 60,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.70 元 goes to the government.
Real tax rate
39.4%
So, with you and the employer both paying tax, what used to be a 27.8% tax rate now rises to 39.4%, meaning your real tax rate is actually 11.6% higher than what it seemed at first.
Summary
If you make 720,000 元 a year living in the region of Beijing, China, you will be taxed 199,950 元. That means that your net pay will be 520,050 元 per year, or 43,338 元 per month. Your average tax rate is 27.8% and your marginal tax rate is -45.1%. 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 -45.14 元, hence, your net pay will only increase by 145 元.
Bonus Example
A 1,000 元 bonus will generate an extra 1,451 元 of net incomes. A 5,000 元 bonus will generate an extra 7,257 元 of net incomes.
Compare average tax
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 626400
13.0%
1
Hungary
CNY 586800
18.5%
2
Ukraine
CNY 579600
19.5%
3
Switzerland
CNY 560421
22.2%
4
Czech Republic
CNY 546766
24.1%
5
France
CNY 494245
31.4%
6
United Kingdom
CNY 494044
31.4%
7
Norway
CNY 474931
34.0%
8
Spain
CNY 466113
35.3%
9
Denmark
CNY 462013
35.8%
10
Ireland
CNY 452644
37.1%
11
Austria
CNY 442659
38.5%
12
Poland
CNY 434323
39.7%
13
Netherlands
CNY 429914
40.3%
14
Sweden
CNY 429034
40.4%
15
Romania
CNY 421200
41.5%
16
Greece
CNY 418056
41.9%
17
Luxembourg
CNY 416157
42.2%
18
Germany
CNY 398633
44.6%
19
Italy
CNY 379243
47.3%
20
Finland
CNY 375744
47.8%
21
Portugal
CNY 341786
52.5%
22
Belgium
CNY 308408
57.2%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CNY 517781
28.1%
1
Canada
CNY 477125
33.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CNY 621316
13.7%
1
Kazakhstan
CNY 598861
16.8%
2
Singapore
CNY 588484
18.3%
3
Taiwan
CNY 580959
19.3%
4
Thailand
CNY 551550
23.4%
5
South Korea
CNY 527502
26.7%
6
China
CNY 520050
27.8%
7
Indonesia
CNY 513572
28.7%
8
New Zealand
CNY 512887
28.8%
9
Australia
CNY 509892
29.2%
10
Japan
CNY 503899
30.0%
11
Pakistan
CNY 500297
30.5%
12
Malaysia
CNY 492531
31.6%
13
Philippines
CNY 491230
31.8%
14
Vietnam
CNY 479856
33.4%
15
India
CNY 404886
43.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 642867
10.7%
1
Chile
CNY 561336
22.0%
2
Costa Rica
CNY 559754
22.3%
3
Uruguay
CNY 532066
26.1%
4
Panama
CNY 528646
26.6%
5
Colombia
CNY 528143
26.7%
6
Brazil
CNY 526055
26.9%
7
Puerto Rico
CNY 521324
27.6%
8
Ecuador
CNY 507856
29.5%
9
Peru
CNY 497932
30.8%
10
Mexico
CNY 496251
31.1%
11
Argentina
CNY 467950
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 525051
27.1%
1
Kenya
CNY 507658
29.5%
2
Nigeria
CNY 490641
31.9%
3
Mozambique
CNY 483965
32.8%
4
Ghana
CNY 483480
32.9%
5
Ivory Coast
CNY 482671
33.0%
6
South Africa
CNY 467824
35.0%
7
Morocco
CNY 452624
37.1%
8
Cameroon
CNY 447269
37.9%
9
Zambia
CNY 444908
38.2%
10
Senegal
CNY 440257
38.9%
11
Uganda
CNY 421791
41.4%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CNY 684000
5.0%
1
Qatar
CNY 684000
5.0%
2
Bahrain
CNY 662400
8.0%
3
Oman
CNY 662400
8.0%
4
Kuwait
CNY 648207
10.0%
5
Saudi Arabia
CNY 648000
10.0%
6
Egypt
CNY 541995
24.7%
7
Lebanon
CNY 541366
24.8%
8
Israel
CNY 495612
31.2%
9
Turkey
CNY 420718
41.6%
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.