Income tax calculator Guangzhou
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
5,119 元
Income Tax
- 308 元
Housing Fund
- 614 元
Pension
- 410 元
Medical Insurance
- 102 元
Unemployment
- 10.24 元
Total tax
- 1,445 元
Net pay
*
3,674 元
Marginal tax rate
30.0%
Average tax rate
28.2%
71.8%
Net pay
28.2%
Total tax
Total tax
Net pay
The Taxberg
3,674 元
Net pay
1,705 元
Tax the employer pays
1,445 元
Tax you pay
Total tax paid
3,150 元
Did you know your employer also pays tax on your salary? It costs the employer 1,705 元 to pay you 5,119 元. In other words, every time you spend 10 元 of your hard-earned money, 6.15 元 goes to the government.
Real tax rate
46.2%
So, with you and the employer both paying tax, what used to be a 28.2% tax rate now rises to 46.2%, meaning your real tax rate is actually 18% higher than what it seemed at first.
Summary
If you make 61,428 元 a year living in the region of Guangzhou, China, you will be taxed 17,336 元. That means that your net pay will be 44,092 元 per year, or 3,674 元 per month. Your average tax rate is 28.2% and your marginal tax rate is 30.0%. 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 29.98 元, hence, your net pay will only increase by 70.02 元.
Bonus Example
A 1,000 元 bonus will generate an extra 700 元 of net incomes. A 5,000 元 bonus will generate an extra 3,501 元 of net incomes.
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 46690
24.0%
1
Guangzhou
CNY 44092
28.2%
2
Beijing
CNY 43926
28.5%
3
North America
Country
Net pay
Average tax
Rank
USA
CNY 55874
9.0%
1
Canada
CNY 47363
22.9%
2
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.