Income tax calculator Beijing
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
720,000 元
Income Tax
- 300,105 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 306,894 元
Net pay
*
413,106 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
413,106 元
Net pay
11,545 元
Tax the employer pays
306,894 元
Tax you pay
Total tax paid
318,439 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 720,000 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 8,640,000 元 a year living in the region of Beijing, China, you will be taxed 3,682,729 元. That means that your net pay will be 4,957,271 元 per year, or 413,106 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
Europe
Country
Net pay
Average tax
Rank
Russia
CNY 7516800
13.0%
1
Hungary
CNY 7041600
18.5%
2
Ukraine
CNY 6955200
19.5%
3
Czech Republic
CNY 6645166
23.1%
4
Romania
CNY 5054400
41.5%
5
Poland
CNY 4992639
42.2%
6
Greece
CNY 4853256
43.8%
7
Switzerland
CNY 4768343
44.8%
8
Norway
CNY 4646741
46.2%
9
United Kingdom
CNY 4632057
46.4%
10
Spain
CNY 4603119
46.7%
11
Luxembourg
CNY 4578766
47.0%
12
Denmark
CNY 4518763
47.7%
13
Austria
CNY 4505304
47.9%
14
Netherlands
CNY 4429514
48.7%
15
Sweden
CNY 4389797
49.2%
16
Germany
CNY 4286487
50.4%
17
Ireland
CNY 4254244
50.8%
18
Italy
CNY 3975096
54.0%
19
France
CNY 3871808
55.2%
20
Finland
CNY 3291888
61.9%
21
Belgium
CNY 3268896
62.2%
22
Portugal
CNY 3174986
63.3%
23
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North America
Country
Net pay
Average tax
Rank
USA
CNY 4858587
43.8%
1
Canada
CNY 4184003
51.6%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
CNY 7726861
10.6%
1
Hong Kong
CNY 7194916
16.7%
2
Singapore
CNY 6801098
21.3%
3
Indonesia
CNY 5867492
32.1%
4
Thailand
CNY 5715621
33.9%
5
Pakistan
CNY 5648297
34.6%
6
Vietnam
CNY 5627856
34.9%
7
Philippines
CNY 5414842
37.3%
8
Taiwan
CNY 5366099
37.9%
9
New Zealand
CNY 5347352
38.1%
10
Malaysia
CNY 5237978
39.4%
11
China
CNY 4957271
42.6%
12
Japan
CNY 4847295
43.9%
13
South Korea
CNY 4726497
45.3%
14
Australia
CNY 4718060
45.4%
15
India
CNY 2570847
70.2%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
CNY 7652708
11.4%
1
Brazil
CNY 6268055
27.5%
2
Costa Rica
CNY 5881457
31.9%
3
Panama
CNY 5815246
32.7%
4
Mexico
CNY 5650840
34.6%
5
Puerto Rico
CNY 5626848
34.9%
6
Argentina
CNY 5615950
35.0%
7
Uruguay
CNY 5444752
37.0%
8
Colombia
CNY 5440539
37.0%
9
Chile
CNY 5360226
38.0%
10
Peru
CNY 5348932
38.1%
11
Ecuador
CNY 5027366
41.8%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
CNY 6286851
27.2%
1
Kenya
CNY 6051658
30.0%
2
Ivory Coast
CNY 5886685
31.9%
3
Nigeria
CNY 5877825
32.0%
4
Ghana
CNY 5722560
33.8%
5
Mozambique
CNY 5631965
34.8%
6
Zambia
CNY 5315708
38.5%
7
Cameroon
CNY 5269361
39.0%
8
Morocco
CNY 5252048
39.2%
9
Senegal
CNY 5192257
39.9%
10
South Africa
CNY 4823824
44.2%
11
Uganda
CNY 4777791
44.7%
12
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Middle East
Country
Net pay
Average tax
Rank
Kuwait
CNY 8563379
0.9%
1
Saudi Arabia
CNY 8536000
1.2%
2
Bahrain
CNY 8489108
1.8%
3
United Arab Emirates
CNY 8208000
5.0%
4
Qatar
CNY 8208000
5.0%
5
Oman
CNY 7948800
8.0%
6
Egypt
CNY 6481995
25.0%
7
Lebanon
CNY 6481366
25.0%
8
Turkey
CNY 5033406
41.7%
9
Israel
CNY 4496867
48.0%
10
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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.