Income tax calculator Beijing
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
980,000 元
Income Tax
- 417,105 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 423,894 元
Net pay
*
556,106 元
Marginal tax rate
45.0%
Average tax rate
43.3%
56.7%
Net pay
43.3%
Total tax
Total tax
Net pay
The Taxberg
556,106 元
Net pay
11,545 元
Tax the employer pays
423,894 元
Tax you pay
Total tax paid
435,439 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 980,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.44 元 goes to the government.
Real tax rate
43.9%
So, with you and the employer both paying tax, what used to be a 43.3% tax rate now rises to 43.9%, meaning your real tax rate is actually 0.6% higher than what it seemed at first.
Summary
If you make 11,760,000 元 a year living in the region of Beijing, China, you will be taxed 5,086,729 元. That means that your net pay will be 6,673,271 元 per year, or 556,106 元 per month. Your average tax rate is 43.3% 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 6680775
43.2%
1
Beijing
CNY 6673271
43.3%
2
Guangzhou
CNY 6672492
43.3%
3
North America
Country
Net pay
Average tax
Rank
USA
CNY 6521547
44.5%
1
Canada
CNY 5633880
52.1%
2
Latin America
Country
Net pay
Average tax
Rank
Guatemala
CNY 10414161
11.4%
1
Brazil
CNY 8530055
27.5%
2
Costa Rica
CNY 7975757
32.2%
3
Panama
CNY 7897846
32.8%
4
Mexico
CNY 7678840
34.7%
5
Argentina
CNY 7643950
35.0%
6
Puerto Rico
CNY 7643928
35.0%
7
Colombia
CNY 7343664
37.6%
8
Uruguay
CNY 7339715
37.6%
9
Peru
CNY 7259932
38.3%
10
Chile
CNY 7232226
38.5%
11
Ecuador
CNY 6807216
42.1%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Kuwait
CNY 11683379
0.7%
1
Saudi Arabia
CNY 11656000
0.9%
2
Bahrain
CNY 11577908
1.6%
3
United Arab Emirates
CNY 11172000
5.0%
4
Qatar
CNY 11172000
5.0%
5
Oman
CNY 10819200
8.0%
6
Egypt
CNY 8821995
25.0%
7
Lebanon
CNY 8821366
25.0%
8
Turkey
CNY 6850525
41.8%
9
Israel
CNY 6056867
48.5%
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.