Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,705,002 元
Income Tax
- 743,303 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 750,210 元
Net pay
* 954,792 元
Marginal tax rate
45.0%
Average tax rate
44.0%
56.0%
Net pay
44.0%
Total tax
Total tax
Net pay
The Taxberg
954,792 元
Net pay
10,010 元
Tax the employer pays
750,210 元
Tax you pay
Total tax paid
760,220 元
Did you know your employer also pays tax on your salary? It costs the employer 10,010 元 to pay you 1,705,002 元. In other words, every time you spend 10 元 of your hard-earned money, 4.46 元 goes to the government.
Real tax rate
44.3%
So, with you and the employer both paying tax, what used to be a 44% tax rate now rises to 44.3%, meaning your real tax rate is actually 0.3% higher than what it seemed at first.
Summary
If you make 20,460,024 元 a year living in the region of Guangzhou, China, you will be taxed 9,002,518 元. That means that your net pay will be 11,457,506 元 per year, or 954,792 元 per month. Your average tax rate is 44.0% 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
Beijing
CNY 11458284
44.0%
1
Guangzhou
CNY 11457506
44.0%
2
Shanghai
CNY 11465788
44.0%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 11158660
45.5%
1
Canada
CNY 9676816
52.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 18364882
10.2%
1
Hong Kong
CNY 17005535
16.9%
2
Singapore
CNY 16020717
21.7%
3
Indonesia
CNY 13857828
32.3%
4
Thailand
CNY 13398637
34.5%
5
Pakistan
CNY 13331312
34.8%
6
Vietnam
CNY 13310872
34.9%
7
Philippines
CNY 12753107
37.7%
8
New Zealand
CNY 12557566
38.6%
9
Taiwan
CNY 12458114
39.1%
10
Malaysia
CNY 12211674
40.3%
11
China
CNY 11458284
44.0%
12
Japan
CNY 11217441
45.2%
13
Australia
CNY 10982673
46.3%
14
South Korea
CNY 10888120
46.8%
15
India
CNY 3930980
80.8%
16
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 14885918
27.2%
1
Kenya
CNY 14325674
30.0%
2
Ivory Coast
CNY 13951783
31.8%
3
Nigeria
CNY 13917806
32.0%
4
Ghana
CNY 13541506
33.8%
5
Mozambique
CNY 13314980
34.9%
6
Zambia
CNY 12585023
38.5%
7
Cameroon
CNY 12465982
39.1%
8
Morocco
CNY 12414841
39.3%
9
Senegal
CNY 12284272
40.0%
10
South Africa
CNY 11324838
44.7%
11
Uganda
CNY 11278804
44.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 20383403
0.4%
1
Saudi Arabia
CNY 20356024
0.5%
2
Bahrain
CNY 20190931
1.3%
3
United Arab Emirates
CNY 19437023
5.0%
4
Qatar
CNY 19437023
5.0%
5
Oman
CNY 18823222
8.0%
6
Egypt
CNY 15347013
25.0%
7
Lebanon
CNY 15346384
25.0%
8
Turkey
CNY 11917506
41.8%
9
Israel
CNY 10406879
49.1%
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.