Income tax calculator Guangzhou
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
42,120 元
Income Tax
- 4,657 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 11,564 元
Net pay
*
30,556 元
Marginal tax rate
-18.2%
Average tax rate
27.5%
72.5%
Net pay
27.5%
Total tax
Total tax
Net pay
The Taxberg
30,556 元
Net pay
10,010 元
Tax the employer pays
11,564 元
Tax you pay
Total tax paid
21,574 元
Did you know your employer also pays tax on your salary? It costs the employer 10,010 元 to pay you 42,120 元. In other words, every time you spend 10 元 of your hard-earned money, 5.12 元 goes to the government.
Real tax rate
41.4%
So, with you and the employer both paying tax, what used to be a 27.5% tax rate now rises to 41.4%, meaning your real tax rate is actually 13.9% higher than what it seemed at first.
Summary
If you make 505,440 元 a year living in the region of Guangzhou, China, you will be taxed 138,771 元. That means that your net pay will be 366,669 元 per year, or 30,556 元 per month. Your average tax rate is 27.5% and your marginal tax rate is -18.2%. 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 -18.22 元, hence, your net pay will only increase by 118 元.
Bonus Example
A 1,000 元 bonus will generate an extra 1,182 元 of net incomes. A 5,000 元 bonus will generate an extra 5,911 元 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 379408
24.9%
1
Beijing
CNY 367675
27.3%
2
Guangzhou
CNY 366669
27.5%
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.