Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
62,084 元
Income Tax
- 8,932 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 15,722 元
Net pay
* 46,362 元
Marginal tax rate
-45.1%
Average tax rate
25.3%
74.7%
Net pay
25.3%
Total tax
Total tax
Net pay
The Taxberg
46,362 元
Net pay
11,545 元
Tax the employer pays
15,722 元
Tax you pay
Total tax paid
27,266 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 62,084 元. In other words, every time you spend 10 元 of your hard-earned money, 4.39 元 goes to the government.
Real tax rate
37.0%
So, with you and the employer both paying tax, what used to be a 25.3% tax rate now rises to 37.0%, meaning your real tax rate is actually 11.7% higher than what it seemed at first.
Summary
If you make 745,008 元 a year living in the region of Beijing, China, you will be taxed 188,660 元. That means that your net pay will be 556,348 元 per year, or 46,362 元 per month. Your average tax rate is 25.3% and your marginal tax rate is -45.2%. 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 -45.15 元, hence, your net pay will only increase by 145 元.
Bonus Example
A 1,000 元 bonus will generate an extra 1,452 元 of net incomes. A 5,000 元 bonus will generate an extra 7,258 元 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 565558
24.1%
1
Beijing
CNY 556348
25.3%
2
Guangzhou
CNY 555393
25.5%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 533333
28.4%
1
Canada
CNY 491278
34.1%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 665001
10.7%
1
Costa Rica
CNY 577659
22.5%
2
Chile
CNY 577591
22.5%
3
Uruguay
CNY 549391
26.3%
4
Colombia
CNY 546587
26.6%
5
Panama
CNY 545339
26.8%
6
Brazil
CNY 544185
27.0%
7
Puerto Rico
CNY 536167
28.0%
8
Ecuador
CNY 522575
29.9%
9
Peru
CNY 513249
31.1%
10
Mexico
CNY 512757
31.2%
11
Argentina
CNY 484205
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 543244
27.1%
1
Kenya
CNY 525163
29.5%
2
Nigeria
CNY 507652
31.9%
3
Mozambique
CNY 500220
32.9%
4
Ghana
CNY 500023
32.9%
5
Ivory Coast
CNY 499734
32.9%
6
South Africa
CNY 481579
35.4%
7
Morocco
CNY 467778
37.2%
8
Cameroon
CNY 462495
37.9%
9
Zambia
CNY 460288
38.2%
10
Senegal
CNY 455262
38.9%
11
Uganda
CNY 435545
41.5%
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.