Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
125,417 元
Income Tax
- 32,548 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 39,455 元
Net pay
* 85,962 元
Marginal tax rate
43.0%
Average tax rate
31.5%
68.5%
Net pay
31.5%
Total tax
Total tax
Net pay
Summary
If you make 1,505,004 元 a year living in the region of Guangzhou, China, you will be taxed 473,465 元. That means that your net pay will be 1,031,539 元 per year, or 85,962 元 per month. Your average tax rate is 31.5% 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 42.99 元, hence, your net pay will only increase by 57.01 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.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 1040527
30.9%
1
Beijing
CNY 1032327
31.4%
2
Guangzhou
CNY 1031539
31.5%
3
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.