Income tax calculator Guangzhou
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,500,001 元
Income Tax
- 651,052 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 657,959 元
Net pay
*
842,042 元
Marginal tax rate
45.0%
Average tax rate
43.9%
56.1%
Net pay
43.9%
Total tax
Total tax
Net pay
The Taxberg
842,042 元
Net pay
10,010 元
Tax the employer pays
657,959 元
Tax you pay
Total tax paid
667,970 元
Did you know your employer also pays tax on your salary? It costs the employer 10,010 元 to pay you 1,500,001 元. In other words, every time you spend 10 元 of your hard-earned money, 4.45 元 goes to the government.
Real tax rate
44.2%
So, with you and the employer both paying tax, what used to be a 43.9% tax rate now rises to 44.2%, meaning your real tax rate is actually 0.3% higher than what it seemed at first.
Summary
If you make 18,000,012 元 a year living in the region of Guangzhou, China, you will be taxed 7,895,513 元. That means that your net pay will be 10,104,499 元 per year, or 842,042 元 per month. Your average tax rate is 43.9% 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 10112781
43.8%
1
Beijing
CNY 10105277
43.9%
2
Guangzhou
CNY 10104499
43.9%
3
North America
Country
Net pay
Average tax
Rank
USA
CNY 9847473
45.3%
1
Canada
CNY 8533638
52.6%
2
Africa
Country
Net pay
Average tax
Rank
Angola
CNY 13096259
27.2%
1
Kenya
CNY 12603666
30.0%
2
Ivory Coast
CNY 12273255
31.8%
3
Nigeria
CNY 12244505
32.0%
4
Ghana
CNY 11914208
33.8%
5
Mozambique
CNY 11715972
34.9%
6
Zambia
CNY 11072115
38.5%
7
Cameroon
CNY 10968204
39.1%
8
Morocco
CNY 10924103
39.3%
9
Senegal
CNY 10808265
40.0%
10
South Africa
CNY 9971831
44.6%
11
Uganda
CNY 9925797
44.9%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Kuwait
CNY 17923391
0.4%
1
Saudi Arabia
CNY 17896012
0.6%
2
Bahrain
CNY 17755520
1.4%
3
United Arab Emirates
CNY 17100011
5.0%
4
Qatar
CNY 17100011
5.0%
5
Oman
CNY 16560011
8.0%
6
Egypt
CNY 13502004
25.0%
7
Lebanon
CNY 13501375
25.0%
8
Turkey
CNY 10484770
41.8%
9
Israel
CNY 9176873
49.0%
10
Show more
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.