Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
63,440 元
Income Tax
- 8,320 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 15,109 元
Net pay
* 48,331 元
Marginal tax rate
-45.1%
Average tax rate
23.8%
76.2%
Net pay
23.8%
Total tax
Total tax
Net pay
The Taxberg
48,331 元
Net pay
11,545 元
Tax the employer pays
15,109 元
Tax you pay
Total tax paid
26,654 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 63,440 元. In other words, every time you spend 10 元 of your hard-earned money, 4.20 元 goes to the government.
Real tax rate
35.5%
So, with you and the employer both paying tax, what used to be a 23.8% tax rate now rises to 35.5%, meaning your real tax rate is actually 11.7% higher than what it seemed at first.
Summary
If you make 761,280 元 a year living in the region of Beijing, China, you will be taxed 181,313 元. That means that your net pay will be 579,967 元 per year, or 48,331 元 per month. Your average tax rate is 23.8% 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
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 588954
22.6%
1
Beijing
CNY 579967
23.8%
2
Guangzhou
CNY 579035
23.9%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 543402
28.6%
1
Canada
CNY 500486
34.3%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CNY 655578
13.9%
1
Kazakhstan
CNY 636013
16.5%
2
Singapore
CNY 623572
18.1%
3
Taiwan
CNY 609855
19.9%
4
Thailand
CNY 580446
23.8%
5
China
CNY 579967
23.8%
6
South Korea
CNY 551983
27.5%
7
Indonesia
CNY 541478
28.9%
8
New Zealand
CNY 540544
29.0%
9
Australia
CNY 535072
29.7%
10
Japan
CNY 529842
30.4%
11
Pakistan
CNY 527129
30.8%
12
Malaysia
CNY 518951
31.8%
13
Philippines
CNY 518200
31.9%
14
Vietnam
CNY 506688
33.4%
15
India
CNY 427045
43.9%
16
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CNY 723216
5.0%
1
Qatar
CNY 723216
5.0%
2
Bahrain
CNY 700378
8.0%
3
Oman
CNY 700378
8.0%
4
Kuwait
CNY 685978
9.9%
5
Saudi Arabia
CNY 685152
10.0%
6
Egypt
CNY 572955
24.7%
7
Lebanon
CNY 572326
24.8%
8
Israel
CNY 519225
31.8%
9
Turkey
CNY 444760
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.