Income tax calculator Beijing
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
985,000 元
Income Tax
- 419,355 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 426,144 元
Net pay
*
558,856 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
558,856 元
Net pay
11,545 元
Tax the employer pays
426,144 元
Tax you pay
Total tax paid
437,689 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 985,000 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 11,820,000 元 a year living in the region of Beijing, China, you will be taxed 5,113,729 元. That means that your net pay will be 6,706,271 元 per year, or 558,856 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.
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 6713775
43.2%
1
Beijing
CNY 6706271
43.3%
2
Guangzhou
CNY 6705492
43.3%
3
North America
Country
Net pay
Average tax
Rank
USA
CNY 6553527
44.6%
1
Canada
CNY 5661762
52.1%
2
Africa
Country
Net pay
Average tax
Rank
Angola
CNY 8600301
27.2%
1
Kenya
CNY 8277658
30.0%
2
Ivory Coast
CNY 8056478
31.8%
3
Nigeria
CNY 8040861
32.0%
4
Ghana
CNY 7826130
33.8%
5
Mozambique
CNY 7698965
34.9%
6
Zambia
CNY 7271408
38.5%
7
Cameroon
CNY 7205504
39.0%
8
Morocco
CNY 7179090
39.3%
9
Senegal
CNY 7100257
39.9%
10
South Africa
CNY 6572824
44.4%
11
Uganda
CNY 6526791
44.8%
12
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Middle East
Country
Net pay
Average tax
Rank
Kuwait
CNY 11743379
0.7%
1
Saudi Arabia
CNY 11716000
0.9%
2
Bahrain
CNY 11637308
1.6%
3
United Arab Emirates
CNY 11229000
5.0%
4
Qatar
CNY 11229000
5.0%
5
Oman
CNY 10874400
8.0%
6
Egypt
CNY 8866995
25.0%
7
Lebanon
CNY 8866366
25.0%
8
Turkey
CNY 6885469
41.8%
9
Israel
CNY 6086867
48.5%
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.