Income tax calculator Guangzhou
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
29,000 元
Income Tax
- 3,619 元
Housing Fund
- 3,480 元
Pension
- 1,835 元
Medical Insurance
- 580 元
Unemployment
- 58 元
Total tax
- 9,573 元
Net pay
*
19,427 元
Marginal tax rate
31.4%
Average tax rate
33.0%
67.0%
Net pay
33.0%
Total tax
Total tax
Net pay
The Taxberg
19,427 元
Net pay
8,812 元
Tax the employer pays
9,573 元
Tax you pay
Total tax paid
18,384 元
Did you know your employer also pays tax on your salary? It costs the employer 8,812 元 to pay you 29,000 元. In other words, every time you spend 10 元 of your hard-earned money, 6.34 元 goes to the government.
Real tax rate
48.6%
So, with you and the employer both paying tax, what used to be a 33% tax rate now rises to 48.6%, meaning your real tax rate is actually 15.6% higher than what it seemed at first.
Summary
If you make 348,000 元 a year living in the region of Guangzhou, China, you will be taxed 114,871 元. That means that your net pay will be 233,129 元 per year, or 19,427 元 per month. Your average tax rate is 33.0% and your marginal tax rate is 31.4%. 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 31.36 元, hence, your net pay will only increase by 68.64 元.
Bonus Example
A 1,000 元 bonus will generate an extra 686 元 of net incomes. A 5,000 元 bonus will generate an extra 3,432 元 of net incomes.
Compare average tax
Europe
Country
Net pay
Average tax
Rank
Russia
CNY 302760
13.0%
1
Switzerland
CNY 295299
15.1%
2
Hungary
CNY 283620
18.5%
3
Ukraine
CNY 280140
19.5%
4
United Kingdom
CNY 271081
22.1%
5
Ireland
CNY 267421
23.2%
6
France
CNY 267010
23.3%
7
Czech Republic
CNY 266865
23.3%
8
Norway
CNY 260051
25.3%
9
Spain
CNY 251767
27.7%
10
Luxembourg
CNY 245634
29.4%
11
Sweden
CNY 242994
30.2%
12
Austria
CNY 241026
30.7%
13
Denmark
CNY 234431
32.6%
14
Greece
CNY 228845
34.2%
15
Germany
CNY 220942
36.5%
16
Poland
CNY 220220
36.7%
17
Netherlands
CNY 219000
37.1%
18
Finland
CNY 209173
39.9%
19
Italy
CNY 206323
40.7%
20
Romania
CNY 203580
41.5%
21
Portugal
CNY 199051
42.8%
22
Belgium
CNY 169339
51.3%
23
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North America
Country
Net pay
Average tax
Rank
USA
CNY 274660
21.1%
1
Canada
CNY 248390
28.6%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Hong Kong
CNY 312631
10.2%
1
Taiwan
CNY 301372
13.4%
2
Thailand
CNY 287665
17.3%
3
South Korea
CNY 280402
19.4%
4
Kazakhstan
CNY 279990
19.5%
5
Australia
CNY 273068
21.5%
6
New Zealand
CNY 267386
23.2%
7
Singapore
CNY 266222
23.5%
8
Indonesia
CNY 261897
24.7%
9
Pakistan
CNY 258497
25.7%
10
Japan
CNY 257634
26.0%
11
Malaysia
CNY 252322
27.5%
12
Philippines
CNY 248190
28.7%
13
Vietnam
CNY 238056
31.6%
14
China
CNY 228606
34.3%
15
India
CNY 214382
38.4%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
CNY 313617
9.9%
1
Puerto Rico
CNY 290760
16.5%
2
Costa Rica
CNY 290074
16.7%
3
Chile
CNY 287066
17.5%
4
Ecuador
CNY 277081
20.4%
5
Panama
CNY 275183
20.9%
6
Colombia
CNY 266605
23.4%
7
Peru
CNY 260587
25.1%
8
Brazil
CNY 256355
26.3%
9
Mexico
CNY 254282
26.9%
10
Uruguay
CNY 237598
31.7%
11
Argentina
CNY 226150
35.0%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
CNY 254421
26.9%
1
South Africa
CNY 249402
28.3%
2
Kenya
CNY 247258
29.0%
3
Mozambique
CNY 242165
30.4%
4
Nigeria
CNY 237607
31.7%
5
Ghana
CNY 237402
31.8%
6
Ivory Coast
CNY 230895
33.7%
7
Morocco
CNY 227196
34.7%
8
Cameroon
CNY 220776
36.6%
9
Uganda
CNY 217191
37.6%
10
Senegal
CNY 217057
37.6%
11
Zambia
CNY 216128
37.9%
12
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Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
CNY 330600
5.0%
1
Qatar
CNY 330600
5.0%
2
Bahrain
CNY 320160
8.0%
3
Oman
CNY 320160
8.0%
4
Saudi Arabia
CNY 313200
10.0%
5
Kuwait
CNY 309720
11.0%
6
Israel
CNY 273729
21.3%
7
Egypt
CNY 262995
24.4%
8
Lebanon
CNY 262366
24.6%
9
Turkey
CNY 204062
41.4%
10
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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.