Income tax calculator Beijing
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
995,000 元
Income Tax
- 423,855 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 430,644 元
Net pay
*
564,356 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
564,356 元
Net pay
11,545 元
Tax the employer pays
430,644 元
Tax you pay
Total tax paid
442,189 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 995,000 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 11,940,000 元 a year living in the region of Beijing, China, you will be taxed 5,167,729 元. That means that your net pay will be 6,772,271 元 per year, or 564,356 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 6779775
43.2%
1
Beijing
CNY 6772271
43.3%
2
Guangzhou
CNY 6771492
43.3%
3
North America
Country
Net pay
Average tax
Rank
USA
CNY 6617487
44.6%
1
Canada
CNY 5717526
52.1%
2
Africa
Country
Net pay
Average tax
Rank
Angola
CNY 8687601
27.2%
1
Kenya
CNY 8361658
30.0%
2
Ivory Coast
CNY 8138357
31.8%
3
Nigeria
CNY 8122485
32.0%
4
Ghana
CNY 7905510
33.8%
5
Mozambique
CNY 7776965
34.9%
6
Zambia
CNY 7345208
38.5%
7
Cameroon
CNY 7278566
39.0%
8
Morocco
CNY 7251809
39.3%
9
Senegal
CNY 7172257
39.9%
10
South Africa
CNY 6638824
44.4%
11
Uganda
CNY 6592791
44.8%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Kuwait
CNY 11863379
0.6%
1
Saudi Arabia
CNY 11836000
0.9%
2
Bahrain
CNY 11756108
1.5%
3
United Arab Emirates
CNY 11343000
5.0%
4
Qatar
CNY 11343000
5.0%
5
Oman
CNY 10984800
8.0%
6
Egypt
CNY 8956995
25.0%
7
Lebanon
CNY 8956366
25.0%
8
Turkey
CNY 6955359
41.8%
9
Israel
CNY 6146867
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.