Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
62,573 元
Income Tax
- 8,673 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 15,580 元
Net pay
* 46,993 元
Marginal tax rate
-45.3%
Average tax rate
24.9%
75.1%
Net pay
24.9%
Total tax
Total tax
Net pay
The Taxberg
46,993 元
Net pay
10,010 元
Tax the employer pays
15,580 元
Tax you pay
Total tax paid
25,590 元
Did you know your employer also pays tax on your salary? It costs the employer 10,010 元 to pay you 62,573 元. In other words, every time you spend 10 元 of your hard-earned money, 4.09 元 goes to the government.
Real tax rate
35.3%
So, with you and the employer both paying tax, what used to be a 24.9% tax rate now rises to 35.3%, meaning your real tax rate is actually 10.4% higher than what it seemed at first.
Summary
If you make 750,876 元 a year living in the region of Guangzhou, China, you will be taxed 186,957 元. That means that your net pay will be 563,919 元 per year, or 46,993 元 per month. Your average tax rate is 24.9% and your marginal tax rate is -45.3%. 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 -45.29 元, hence, your net pay will only increase by 145 元.
Bonus Example
A 1,000 元 bonus will generate an extra 1,453 元 of net incomes. A 5,000 元 bonus will generate an extra 7,265 元 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 573995
23.6%
1
Beijing
CNY 564866
24.8%
2
Guangzhou
CNY 563919
24.9%
3
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 653262
13.0%
1
Hungary
CNY 611964
18.5%
2
Ukraine
CNY 604455
19.5%
3
Switzerland
CNY 580995
22.6%
4
Czech Republic
CNY 570541
24.0%
5
United Kingdom
CNY 511566
31.9%
6
France
CNY 510733
32.0%
7
Norway
CNY 491480
34.6%
8
Spain
CNY 482972
35.7%
9
Denmark
CNY 477828
36.4%
10
Ireland
CNY 467464
37.7%
11
Austria
CNY 460567
38.7%
12
Poland
CNY 452093
39.8%
13
Netherlands
CNY 445507
40.7%
14
Sweden
CNY 444476
40.8%
15
Romania
CNY 439262
41.5%
16
Greece
CNY 435346
42.0%
17
Luxembourg
CNY 430303
42.7%
18
Germany
CNY 413830
44.9%
19
Italy
CNY 393255
47.6%
20
Finland
CNY 387112
48.5%
21
Portugal
CNY 353674
52.9%
22
Belgium
CNY 319950
57.4%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CNY 536964
28.5%
1
Canada
CNY 494598
34.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CNY 646943
13.8%
1
Kazakhstan
CNY 626649
16.5%
2
Singapore
CNY 614729
18.1%
3
Taiwan
CNY 602572
19.8%
4
Thailand
CNY 573163
23.7%
5
China
CNY 564866
24.8%
6
South Korea
CNY 545813
27.3%
7
Indonesia
CNY 534444
28.8%
8
New Zealand
CNY 533574
28.9%
9
Australia
CNY 528726
29.6%
10
Japan
CNY 523303
30.3%
11
Pakistan
CNY 520366
30.7%
12
Malaysia
CNY 512292
31.8%
13
Philippines
CNY 511402
31.9%
14
Vietnam
CNY 499926
33.4%
15
India
CNY 421460
43.9%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 670195
10.7%
1
Costa Rica
CNY 581861
22.5%
2
Chile
CNY 581406
22.6%
3
Uruguay
CNY 553456
26.3%
4
Colombia
CNY 550914
26.6%
5
Panama
CNY 549256
26.9%
6
Brazil
CNY 548440
27.0%
7
Puerto Rico
CNY 539649
28.1%
8
Ecuador
CNY 526029
29.9%
9
Peru
CNY 516843
31.2%
10
Mexico
CNY 516630
31.2%
11
Argentina
CNY 488019
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 547513
27.1%
1
Kenya
CNY 529271
29.5%
2
Nigeria
CNY 511643
31.9%
3
Mozambique
CNY 504034
32.9%
4
Ghana
CNY 503905
32.9%
5
Ivory Coast
CNY 503738
32.9%
6
South Africa
CNY 484806
35.4%
7
Morocco
CNY 471334
37.2%
8
Cameroon
CNY 466068
37.9%
9
Zambia
CNY 463897
38.2%
10
Senegal
CNY 458783
38.9%
11
Uganda
CNY 438773
41.6%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CNY 713332
5.0%
1
Qatar
CNY 713332
5.0%
2
Bahrain
CNY 690806
8.0%
3
Oman
CNY 690806
8.0%
4
Kuwait
CNY 676459
9.9%
5
Saudi Arabia
CNY 675788
10.0%
6
Egypt
CNY 565152
24.7%
7
Lebanon
CNY 564523
24.8%
8
Israel
CNY 513274
31.6%
9
Turkey
CNY 438701
41.6%
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.