Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,565,001 元
Income Tax
- 680,302 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 687,209 元
Net pay
* 877,792 元
Marginal tax rate
45.0%
Average tax rate
43.9%
56.1%
Net pay
43.9%
Total tax
Total tax
Net pay
Summary
If you make 18,780,012 元 a year living in the region of Guangzhou, China, you will be taxed 8,246,513 元. That means that your net pay will be 10,533,499 元 per year, or 877,792 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
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 16338610
13.0%
1
Hungary
CNY 15305710
18.5%
2
Ukraine
CNY 15117910
19.5%
3
Czech Republic
CNY 14452975
23.0%
4
Romania
CNY 10986307
41.5%
5
Poland
CNY 10828672
42.3%
6
Greece
CNY 10531662
43.9%
7
Switzerland
CNY 10133728
46.0%
8
Norway
CNY 9980387
46.9%
9
Luxembourg
CNY 9934720
47.1%
10
United Kingdom
CNY 9879514
47.4%
11
Spain
CNY 9855645
47.5%
12
Denmark
CNY 9712640
48.3%
13
Netherlands
CNY 9550220
49.2%
14
Italy
CNY 9508501
49.4%
15
Austria
CNY 9466666
49.6%
16
Sweden
CNY 9460759
49.6%
17
Germany
CNY 9201858
51.0%
18
Ireland
CNY 9121450
51.4%
19
France
CNY 8059633
57.1%
20
Belgium
CNY 7059223
62.4%
21
Finland
CNY 7025440
62.6%
22
Portugal
CNY 6825390
63.7%
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.