Income tax calculator Guangzhou
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
12,308 元
Income Tax
- 868 元
Housing Fund
- 1,477 元
Pension
- 985 元
Medical Insurance
- 246 元
Unemployment
- 24.62 元
Total tax
- 3,600 元
Net pay
*
8,708 元
Marginal tax rate
30.0%
Average tax rate
29.2%
70.8%
Net pay
29.2%
Total tax
Total tax
Net pay
The Taxberg
8,708 元
Net pay
4,100 元
Tax the employer pays
3,600 元
Tax you pay
Total tax paid
7,700 元
Did you know your employer also pays tax on your salary? It costs the employer 4,100 元 to pay you 12,308 元. In other words, every time you spend 10 元 of your hard-earned money, 6.26 元 goes to the government.
Real tax rate
46.9%
So, with you and the employer both paying tax, what used to be a 29.2% tax rate now rises to 46.9%, meaning your real tax rate is actually 17.7% higher than what it seemed at first.
Summary
If you make 147,696 元 a year living in the region of Guangzhou, China, you will be taxed 43,199 元. That means that your net pay will be 104,497 元 per year, or 8,708 元 per month. Your average tax rate is 29.3% 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 140450
4.9%
1
United Kingdom
CNY 137378
7.0%
2
Switzerland
CNY 135890
8.0%
3
Russia
CNY 128496
13.0%
4
France
CNY 127396
13.7%
5
Norway
CNY 126291
14.5%
6
Luxembourg
CNY 123756
16.2%
7
Austria
CNY 123474
16.4%
8
Spain
CNY 121704
17.6%
9
Hungary
CNY 120372
18.5%
10
Ukraine
CNY 118895
19.5%
11
Czech Republic
CNY 118640
19.7%
12
Italy
CNY 113416
23.2%
13
Germany
CNY 112178
24.1%
14
Greece
CNY 108930
26.3%
15
Sweden
CNY 108289
26.7%
16
Poland
CNY 103308
30.1%
17
Finland
CNY 99192
32.8%
18
Denmark
CNY 98930
33.0%
19
Portugal
CNY 98541
33.3%
20
Belgium
CNY 94273
36.2%
21
Netherlands
CNY 92941
37.1%
22
Romania
CNY 86402
41.5%
23
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Asia / Pacific
Country
Net pay
Average tax
Rank
Hong Kong
CNY 139960
5.2%
1
Thailand
CNY 133778
9.4%
2
Taiwan
CNY 133598
9.6%
3
Australia
CNY 133050
9.9%
4
South Korea
CNY 126040
14.7%
5
New Zealand
CNY 124012
16.0%
6
Pakistan
CNY 123532
16.4%
7
Indonesia
CNY 121603
17.7%
8
Malaysia
CNY 120855
18.2%
9
Japan
CNY 118233
20.0%
10
Kazakhstan
CNY 117744
20.3%
11
Singapore
CNY 117388
20.5%
12
Philippines
CNY 115329
21.9%
13
Vietnam
CNY 110272
25.3%
14
China
CNY 104098
29.5%
15
India
CNY 100609
31.9%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
CNY 133534
9.6%
1
Puerto Rico
CNY 132194
10.5%
2
Costa Rica
CNY 132133
10.5%
3
Ecuador
CNY 129589
12.3%
4
Colombia
CNY 126939
14.1%
5
Panama
CNY 123653
16.3%
6
Chile
CNY 119646
19.0%
7
Mexico
CNY 117600
20.4%
8
Peru
CNY 113789
23.0%
9
Brazil
CNY 111134
24.8%
10
Uruguay
CNY 108888
26.3%
11
Argentina
CNY 95952
35.0%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
CNY 121874
17.5%
1
Mozambique
CNY 110322
25.3%
2
Angola
CNY 108700
26.4%
3
Kenya
CNY 107045
27.5%
4
Morocco
CNY 105753
28.4%
5
Ivory Coast
CNY 105033
28.9%
6
Ghana
CNY 104901
29.0%
7
Nigeria
CNY 101360
31.4%
8
Cameroon
CNY 98821
33.1%
9
Uganda
CNY 98125
33.6%
10
Senegal
CNY 96570
34.6%
11
Zambia
CNY 92941
37.1%
12
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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.