Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
695,999 元
Income Tax
- 289,251 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 296,159 元
Net pay
* 399,840 元
Marginal tax rate
45.0%
Average tax rate
42.6%
57.4%
Net pay
42.6%
Total tax
Total tax
Net pay
The Taxberg
399,840 元
Net pay
10,010 元
Tax the employer pays
296,159 元
Tax you pay
Total tax paid
306,169 元
Did you know your employer also pays tax on your salary? It costs the employer 10,010 元 to pay you 695,999 元. In other words, every time you spend 10 元 of your hard-earned money, 4.40 元 goes to the government.
Real tax rate
43.4%
So, with you and the employer both paying tax, what used to be a 42.6% tax rate now rises to 43.4%, meaning your real tax rate is actually 0.8% higher than what it seemed at first.
Summary
If you make 8,351,988 元 a year living in the region of Guangzhou, China, you will be taxed 3,553,902 元. That means that your net pay will be 4,798,086 元 per year, or 399,840 元 per month. Your average tax rate is 42.6% 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
Beijing
CNY 4798864
42.5%
1
Shanghai
CNY 4806368
42.5%
2
Guangzhou
CNY 4798086
42.6%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 4705077
43.7%
1
Canada
CNY 4050163
51.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 7467650
10.6%
1
Hong Kong
CNY 6955866
16.7%
2
Singapore
CNY 6576449
21.3%
3
Indonesia
CNY 5672796
32.1%
4
Thailand
CNY 5528414
33.8%
5
Pakistan
CNY 5461089
34.6%
6
Vietnam
CNY 5440649
34.9%
7
Philippines
CNY 5236035
37.3%
8
Taiwan
CNY 5193292
37.8%
9
New Zealand
CNY 5171664
38.1%
10
Malaysia
CNY 5068054
39.3%
11
China
CNY 4798864
42.5%
12
Japan
CNY 4692077
43.8%
13
South Korea
CNY 4576360
45.2%
14
Australia
CNY 4565414
45.3%
15
India
CNY 2537706
69.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 7397794
11.4%
1
Brazil
CNY 6059246
27.5%
2
Costa Rica
CNY 5688129
31.9%
3
Panama
CNY 5622998
32.7%
4
Mexico
CNY 5463632
34.6%
5
Puerto Rico
CNY 5440648
34.9%
6
Argentina
CNY 5428742
35.0%
7
Uruguay
CNY 5269825
36.9%
8
Colombia
CNY 5264858
37.0%
9
Chile
CNY 5187419
37.9%
10
Peru
CNY 5172524
38.1%
11
Ecuador
CNY 4863065
41.8%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 6077322
27.2%
1
Kenya
CNY 5850049
30.0%
2
Ivory Coast
CNY 5690167
31.9%
3
Nigeria
CNY 5681919
32.0%
4
Ghana
CNY 5532040
33.8%
5
Mozambique
CNY 5444757
34.8%
6
Zambia
CNY 5138581
38.5%
7
Cameroon
CNY 5094005
39.0%
8
Morocco
CNY 5077517
39.2%
9
Senegal
CNY 5019450
39.9%
10
South Africa
CNY 4665418
44.1%
11
Uganda
CNY 4619384
44.7%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 8275367
0.9%
1
Saudi Arabia
CNY 8247988
1.3%
2
Bahrain
CNY 8203976
1.8%
3
United Arab Emirates
CNY 7934389
5.0%
4
Qatar
CNY 7934389
5.0%
5
Oman
CNY 7683829
8.0%
6
Egypt
CNY 6265986
25.0%
7
Lebanon
CNY 6265357
25.0%
8
Turkey
CNY 4865665
41.7%
9
Israel
CNY 4352861
47.9%
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.