Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
62,950 元
Income Tax
- 8,541 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 15,331 元
Net pay
* 47,619 元
Marginal tax rate
-45.1%
Average tax rate
24.4%
75.6%
Net pay
24.4%
Total tax
Total tax
Net pay
The Taxberg
47,619 元
Net pay
11,545 元
Tax the employer pays
15,331 元
Tax you pay
Total tax paid
26,875 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 62,950 元. In other words, every time you spend 10 元 of your hard-earned money, 4.27 元 goes to the government.
Real tax rate
36.1%
So, with you and the employer both paying tax, what used to be a 24.4% tax rate now rises to 36.1%, meaning your real tax rate is actually 11.7% higher than what it seemed at first.
Summary
If you make 755,400 元 a year living in the region of Beijing, China, you will be taxed 183,968 元. That means that your net pay will be 571,432 元 per year, or 47,619 元 per month. Your average tax rate is 24.4% 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 580500
23.2%
1
Beijing
CNY 571432
24.4%
2
Guangzhou
CNY 570492
24.5%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 539764
28.6%
1
Canada
CNY 497158
34.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CNY 650698
13.9%
1
Kazakhstan
CNY 630721
16.5%
2
Singapore
CNY 618574
18.1%
3
Taiwan
CNY 605739
19.8%
4
Thailand
CNY 576330
23.7%
5
China
CNY 571432
24.4%
6
South Korea
CNY 548496
27.4%
7
Indonesia
CNY 537503
28.9%
8
New Zealand
CNY 536605
29.0%
9
Australia
CNY 531486
29.6%
10
Japan
CNY 526147
30.4%
11
Pakistan
CNY 523307
30.7%
12
Malaysia
CNY 515187
31.8%
13
Philippines
CNY 514358
31.9%
14
Vietnam
CNY 502866
33.4%
15
India
CNY 423888
43.9%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 674199
10.8%
1
Costa Rica
CNY 585100
22.5%
2
Chile
CNY 584346
22.6%
3
Uruguay
CNY 556590
26.3%
4
Colombia
CNY 554249
26.6%
5
Panama
CNY 552276
26.9%
6
Brazil
CNY 551720
27.0%
7
Puerto Rico
CNY 542334
28.2%
8
Ecuador
CNY 528691
30.0%
9
Peru
CNY 519614
31.2%
10
Mexico
CNY 519615
31.2%
11
Argentina
CNY 490960
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 550804
27.1%
1
Kenya
CNY 532438
29.5%
2
Nigeria
CNY 514720
31.9%
3
Mozambique
CNY 506975
32.9%
4
Ghana
CNY 506897
32.9%
5
Ivory Coast
CNY 506825
32.9%
6
South Africa
CNY 487294
35.5%
7
Morocco
CNY 474075
37.2%
8
Cameroon
CNY 468822
37.9%
9
Zambia
CNY 466679
38.2%
10
Senegal
CNY 461497
38.9%
11
Uganda
CNY 441261
41.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CNY 717630
5.0%
1
Qatar
CNY 717630
5.0%
2
Bahrain
CNY 694968
8.0%
3
Oman
CNY 694968
8.0%
4
Kuwait
CNY 680598
9.9%
5
Saudi Arabia
CNY 679860
10.0%
6
Egypt
CNY 568545
24.7%
7
Lebanon
CNY 567916
24.8%
8
Israel
CNY 515861
31.7%
9
Turkey
CNY 441336
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.