Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
10,001 元
Income Tax
- 688 元
Housing Fund
- 1,200 元
Pension
- 800 元
Medical Insurance
- 200 元
Unemployment
- 20 元
Total tax
- 2,908 元
Net pay
* 7,093 元
Marginal tax rate
30.0%
Average tax rate
29.1%
70.9%
Net pay
29.1%
Total tax
Total tax
Net pay
Summary
If you make 120,012 元 a year living in the region of Guangzhou, China, you will be taxed 34,900 元. That means that your net pay will be 85,112 元 per year, or 7,093 元 per month. Your average tax rate is 29.1% and your marginal tax rate is 30.0%. 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 29.98 元, hence, your net pay will only increase by 70.02 元.
Bonus Example
A 1,000 元 bonus will generate an extra 700 元 of net incomes. A 5,000 元 bonus will generate an extra 3,501 元 of net incomes.
Compare average tax
Europe
Country 
Net pay
Average tax
Rank
Ireland
CNY 118996
0.9%
1
United Kingdom
CNY 118786
1.0%
2
Switzerland
CNY 111278
7.3%
3
Spain
CNY 106897
10.9%
4
France
CNY 105138
12.4%
5
Norway
CNY 104480
12.9%
6
Russia
CNY 104410
13.0%
7
Luxembourg
CNY 102709
14.4%
8
Austria
CNY 101440
15.5%
9
Czech Republic
CNY 98154
18.2%
10
Hungary
CNY 97810
18.5%
11
Italy
CNY 97672
18.6%
12
Ukraine
CNY 96610
19.5%
13
Germany
CNY 95275
20.6%
14
Greece
CNY 90386
24.7%
15
Sweden
CNY 89740
25.2%
16
Poland
CNY 85630
28.7%
17
Portugal
CNY 81793
31.9%
18
Finland
CNY 80969
32.5%
19
Denmark
CNY 80305
33.1%
20
Belgium
CNY 79601
33.7%
21
Netherlands
CNY 75523
37.1%
22
Romania
CNY 70207
41.5%
23
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NOTE* Withholding is calculated based on the Guangzhou 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.