Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
560,000 元
Income Tax
- 228,052 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 234,959 元
Net pay
* 325,041 元
Marginal tax rate
45.0%
Average tax rate
42.0%
58.0%
Net pay
42.0%
Total tax
Total tax
Net pay
The Taxberg
325,041 元
Net pay
10,010 元
Tax the employer pays
234,959 元
Tax you pay
Total tax paid
244,969 元
Did you know your employer also pays tax on your salary? It costs the employer 10,010 元 to pay you 560,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.37 元 goes to the government.
Real tax rate
43.0%
So, with you and the employer both paying tax, what used to be a 42% tax rate now rises to 43.0%, meaning your real tax rate is actually 1% higher than what it seemed at first.
Summary
If you make 6,720,000 元 a year living in the region of Guangzhou, China, you will be taxed 2,819,508 元. That means that your net pay will be 3,900,492 元 per year, or 325,041 元 per month. Your average tax rate is 42.0% 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
Shanghai
CNY 3908775
41.8%
1
Beijing
CNY 3901271
41.9%
2
Guangzhou
CNY 3900492
42.0%
3
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 5846400
13.0%
1
Hungary
CNY 5476800
18.5%
2
Ukraine
CNY 5409600
19.5%
3
Czech Republic
CNY 5166766
23.1%
4
Romania
CNY 3931200
41.5%
5
Poland
CNY 3887593
42.2%
6
Greece
CNY 3778056
43.8%
7
Switzerland
CNY 3756523
44.1%
8
United Kingdom
CNY 3638457
45.9%
9
Norway
CNY 3636821
45.9%
10
Spain
CNY 3608559
46.3%
11
Austria
CNY 3565876
46.9%
12
Luxembourg
CNY 3564622
47.0%
13
Denmark
CNY 3535309
47.4%
14
Netherlands
CNY 3459914
48.5%
15
Sweden
CNY 3429616
49.0%
16
Germany
CNY 3355767
50.1%
17
Ireland
CNY 3332644
50.4%
18
Italy
CNY 3102043
53.8%
19
France
CNY 3078848
54.2%
20
Finland
CNY 2584944
61.5%
21
Belgium
CNY 2551202
62.0%
22
Portugal
CNY 2483786
63.0%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CNY 3835227
42.9%
1
Canada
CNY 3291772
51.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 5998861
10.7%
1
Hong Kong
CNY 5601316
16.7%
2
Singapore
CNY 5303498
21.1%
3
Indonesia
CNY 4569572
32.0%
4
Thailand
CNY 4467621
33.5%
5
Pakistan
CNY 4400297
34.5%
6
Vietnam
CNY 4379856
34.8%
7
Philippines
CNY 4222843
37.2%
8
Taiwan
CNY 4214099
37.3%
9
New Zealand
CNY 4176152
37.9%
10
Malaysia
CNY 4105197
38.9%
11
China
CNY 3901271
42.0%
12
Japan
CNY 3812553
43.3%
13
South Korea
CNY 3725626
44.6%
14
Australia
CNY 3700460
44.9%
15
India
CNY 2349913
65.0%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 5953353
11.4%
1
Brazil
CNY 4876055
27.4%
2
Costa Rica
CNY 4592657
31.7%
3
Panama
CNY 4533646
32.5%
4
Mexico
CNY 4402840
34.5%
5
Puerto Rico
CNY 4385568
34.7%
6
Argentina
CNY 4367950
35.0%
7
Uruguay
CNY 4278621
36.3%
8
Colombia
CNY 4269385
36.5%
9
Chile
CNY 4208226
37.4%
10
Peru
CNY 4172932
37.9%
11
Ecuador
CNY 3932073
41.5%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 4890051
27.2%
1
Kenya
CNY 4707658
30.0%
2
Ivory Coast
CNY 4576621
31.9%
3
Nigeria
CNY 4571841
32.0%
4
Ghana
CNY 4452480
33.7%
5
Mozambique
CNY 4383965
34.8%
6
Zambia
CNY 4134908
38.5%
7
Cameroon
CNY 4100369
39.0%
8
Morocco
CNY 4088552
39.2%
9
Senegal
CNY 4040257
39.9%
10
South Africa
CNY 3767824
43.9%
11
Uganda
CNY 3721791
44.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 6643379
1.1%
1
Saudi Arabia
CNY 6616000
1.6%
2
Bahrain
CNY 6588308
2.0%
3
United Arab Emirates
CNY 6384000
5.0%
4
Qatar
CNY 6384000
5.0%
5
Oman
CNY 6182400
8.0%
6
Egypt
CNY 5041995
25.0%
7
Lebanon
CNY 5041366
25.0%
8
Turkey
CNY 3915178
41.7%
9
Israel
CNY 3536867
47.4%
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.