Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
120,423 元
Income Tax
- 30,402 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 37,309 元
Net pay
* 83,114 元
Marginal tax rate
43.0%
Average tax rate
31.0%
69.0%
Net pay
31.0%
Total tax
Total tax
Net pay
The Taxberg
83,114 元
Net pay
10,010 元
Tax the employer pays
37,309 元
Tax you pay
Total tax paid
47,319 元
Did you know your employer also pays tax on your salary? It costs the employer 10,010 元 to pay you 120,423 元. In other words, every time you spend 10 元 of your hard-earned money, 3.93 元 goes to the government.
Real tax rate
36.3%
So, with you and the employer both paying tax, what used to be a 31% tax rate now rises to 36.3%, meaning your real tax rate is actually 5.3% higher than what it seemed at first.
Summary
If you make 1,445,076 元 a year living in the region of Guangzhou, China, you will be taxed 447,707 元. That means that your net pay will be 997,369 元 per year, or 83,114 元 per month. Your average tax rate is 31.0% and your marginal tax rate is 43.0%. 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 42.98 元, hence, your net pay will only increase by 57.02 元.
Bonus Example
A 1,000 元 bonus will generate an extra 570 元 of net incomes. A 5,000 元 bonus will generate an extra 2,851 元 of net incomes.
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 1007566
30.3%
1
Beijing
CNY 998174
30.9%
2
Guangzhou
CNY 997369
31.0%
3
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 1257216
13.0%
1
Hungary
CNY 1177737
18.5%
2
Ukraine
CNY 1163286
19.5%
3
Czech Republic
CNY 1105075
23.5%
4
Switzerland
CNY 1014197
29.8%
5
United Kingdom
CNY 905524
37.3%
6
Norway
CNY 862211
40.3%
7
France
CNY 858067
40.6%
8
Spain
CNY 858139
40.6%
9
Austria
CNY 853925
40.9%
10
Poland
CNY 851637
41.1%
11
Romania
CNY 845369
41.5%
12
Denmark
CNY 833408
42.3%
13
Greece
CNY 824098
43.0%
14
Ireland
CNY 800680
44.6%
15
Netherlands
CNY 796078
44.9%
16
Sweden
CNY 791645
45.2%
17
Luxembourg
CNY 777399
46.2%
18
Germany
CNY 771558
46.6%
19
Italy
CNY 708283
51.0%
20
Finland
CNY 642717
55.5%
21
Portugal
CNY 620940
57.0%
22
Belgium
CNY 579441
59.9%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CNY 974601
32.6%
1
Canada
CNY 839364
41.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 1251429
13.4%
1
Hong Kong
CNY 1223129
15.4%
2
Singapore
CNY 1182301
18.2%
3
Taiwan
CNY 1048713
27.4%
4
Thailand
CNY 1038831
28.1%
5
Indonesia
CNY 1003724
30.5%
6
China
CNY 998174
30.9%
7
Pakistan
CNY 971596
32.8%
8
New Zealand
CNY 958448
33.7%
9
Malaysia
CNY 952128
34.1%
10
Vietnam
CNY 951156
34.2%
11
Philippines
CNY 947994
34.4%
12
Japan
CNY 943750
34.7%
13
South Korea
CNY 941145
34.9%
14
Australia
CNY 904750
37.4%
15
India
CNY 764584
47.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 1284618
11.1%
1
Costa Rica
CNY 1051864
27.2%
2
Brazil
CNY 1051735
27.2%
3
Uruguay
CNY 1046550
27.6%
4
Colombia
CNY 1038893
28.1%
5
Chile
CNY 1031557
28.6%
6
Panama
CNY 1012635
29.9%
7
Puerto Rico
CNY 975312
32.5%
8
Mexico
CNY 973030
32.7%
9
Peru
CNY 942041
34.8%
10
Argentina
CNY 939249
35.0%
11
Ecuador
CNY 922913
36.1%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 1052544
27.2%
1
Kenya
CNY 1015211
29.8%
2
Nigeria
CNY 983838
31.9%
3
Ivory Coast
CNY 977408
32.4%
4
Ghana
CNY 963118
33.4%
5
Mozambique
CNY 955264
33.9%
6
Morocco
CNY 892011
38.3%
7
Zambia
CNY 890830
38.4%
8
Cameroon
CNY 888731
38.5%
9
Senegal
CNY 875303
39.4%
10
South Africa
CNY 866616
40.0%
11
Uganda
CNY 820583
43.2%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CNY 1372822
5.0%
1
Qatar
CNY 1372822
5.0%
2
Kuwait
CNY 1368455
5.3%
3
Bahrain
CNY 1366133
5.5%
4
Saudi Arabia
CNY 1341076
7.2%
5
Oman
CNY 1329470
8.0%
6
Egypt
CNY 1085802
24.9%
7
Lebanon
CNY 1085173
24.9%
8
Israel
CNY 898444
37.8%
9
Turkey
CNY 843010
41.7%
10
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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.