Income tax calculator Beijing
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
703,430 元
Income Tax
- 292,648 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 299,438 元
Net pay
*
403,992 元
Marginal tax rate
45.0%
Average tax rate
42.6%
57.4%
Net pay
42.6%
Total tax
Total tax
Net pay
The Taxberg
403,992 元
Net pay
11,545 元
Tax the employer pays
299,438 元
Tax you pay
Total tax paid
310,982 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 703,430 元. In other words, every time you spend 10 元 of your hard-earned money, 4.42 元 goes to the government.
Real tax rate
43.5%
So, with you and the employer both paying tax, what used to be a 42.6% tax rate now rises to 43.5%, meaning your real tax rate is actually 0.9% higher than what it seemed at first.
Summary
If you make 8,441,160 元 a year living in the region of Beijing, China, you will be taxed 3,593,251 元. That means that your net pay will be 4,847,909 元 per year, or 403,992 元 per month. Your average tax rate is 42.6% 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.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 4855413
42.5%
1
Beijing
CNY 4847909
42.6%
2
Guangzhou
CNY 4847130
42.6%
3
North America
Country
Net pay
Average tax
Rank
USA
CNY 4752605
43.7%
1
Canada
CNY 4091601
51.5%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
CNY 7547905
10.6%
1
Hong Kong
CNY 7029878
16.7%
2
Singapore
CNY 6646003
21.3%
3
Indonesia
CNY 5733076
32.1%
4
Thailand
CNY 5586375
33.8%
5
Pakistan
CNY 5519051
34.6%
6
Vietnam
CNY 5498610
34.9%
7
Philippines
CNY 5291396
37.3%
8
Taiwan
CNY 5246795
37.8%
9
New Zealand
CNY 5226059
38.1%
10
Malaysia
CNY 5120664
39.3%
11
China
CNY 4847909
42.6%
12
Japan
CNY 4740134
43.8%
13
South Korea
CNY 4622844
45.2%
14
Australia
CNY 4612675
45.4%
15
India
CNY 2547967
69.8%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
CNY 7476719
11.4%
1
Brazil
CNY 6123896
27.5%
2
Costa Rica
CNY 5747986
31.9%
3
Panama
CNY 5682521
32.7%
4
Mexico
CNY 5521594
34.6%
5
Puerto Rico
CNY 5498298
34.9%
6
Argentina
CNY 5486704
35.0%
7
Uruguay
CNY 5323984
36.9%
8
Colombia
CNY 5319251
37.0%
9
Chile
CNY 5240922
37.9%
10
Peru
CNY 5227142
38.1%
11
Ecuador
CNY 4913934
41.8%
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.