Income tax calculator Guangzhou
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
720,001 元
Income Tax
- 300,052 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 306,959 元
Net pay
*
413,042 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
413,042 元
Net pay
10,010 元
Tax the employer pays
306,959 元
Tax you pay
Total tax paid
316,970 元
Did you know your employer also pays tax on your salary? It costs the employer 10,010 元 to pay you 720,001 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 8,640,012 元 a year living in the region of Guangzhou, China, you will be taxed 3,683,513 元. That means that your net pay will be 4,956,499 元 per year, or 413,042 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
Shanghai
CNY 4964781
42.5%
1
Beijing
CNY 4957277
42.6%
2
Guangzhou
CNY 4956499
42.6%
3
Europe
Country
Net pay
Average tax
Rank
Russia
CNY 7516810
13.0%
1
Hungary
CNY 7041610
18.5%
2
Ukraine
CNY 6955210
19.5%
3
Czech Republic
CNY 6645175
23.1%
4
Romania
CNY 5054407
41.5%
5
Poland
CNY 4992646
42.2%
6
Greece
CNY 4853262
43.8%
7
Switzerland
CNY 4768350
44.8%
8
Norway
CNY 4646747
46.2%
9
United Kingdom
CNY 4632064
46.4%
10
Spain
CNY 4603125
46.7%
11
Luxembourg
CNY 4578772
47.0%
12
Denmark
CNY 4518769
47.7%
13
Austria
CNY 4505310
47.9%
14
Netherlands
CNY 4429520
48.7%
15
Sweden
CNY 4389803
49.2%
16
Germany
CNY 4286493
50.4%
17
Ireland
CNY 4254250
50.8%
18
Italy
CNY 3975103
54.0%
19
France
CNY 3871813
55.2%
20
Finland
CNY 3291892
61.9%
21
Belgium
CNY 3268901
62.2%
22
Portugal
CNY 3174990
63.3%
23
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North America
Country
Net pay
Average tax
Rank
USA
CNY 4858593
43.8%
1
Canada
CNY 4184009
51.6%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
CNY 7726871
10.6%
1
Hong Kong
CNY 7194925
16.7%
2
Singapore
CNY 6801108
21.3%
3
Indonesia
CNY 5867500
32.1%
4
Thailand
CNY 5715629
33.9%
5
Pakistan
CNY 5648305
34.6%
6
Vietnam
CNY 5627864
34.9%
7
Philippines
CNY 5414850
37.3%
8
Taiwan
CNY 5366106
37.9%
9
New Zealand
CNY 5347359
38.1%
10
Malaysia
CNY 5237985
39.4%
11
China
CNY 4957277
42.6%
12
Japan
CNY 4847301
43.9%
13
South Korea
CNY 4726503
45.3%
14
Australia
CNY 4718066
45.4%
15
India
CNY 2570849
70.2%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
CNY 7652719
11.4%
1
Brazil
CNY 6268063
27.5%
2
Costa Rica
CNY 5881465
31.9%
3
Panama
CNY 5815254
32.7%
4
Mexico
CNY 5650847
34.6%
5
Puerto Rico
CNY 5626855
34.9%
6
Argentina
CNY 5615958
35.0%
7
Uruguay
CNY 5444759
37.0%
8
Colombia
CNY 5440546
37.0%
9
Chile
CNY 5360233
38.0%
10
Peru
CNY 5348939
38.1%
11
Ecuador
CNY 5027372
41.8%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
CNY 6286859
27.2%
1
Kenya
CNY 6051666
30.0%
2
Ivory Coast
CNY 5886693
31.9%
3
Nigeria
CNY 5877833
32.0%
4
Ghana
CNY 5722568
33.8%
5
Mozambique
CNY 5631972
34.8%
6
Zambia
CNY 5315715
38.5%
7
Cameroon
CNY 5269368
39.0%
8
Morocco
CNY 5252056
39.2%
9
Senegal
CNY 5192265
39.9%
10
South Africa
CNY 4823831
44.2%
11
Uganda
CNY 4777797
44.7%
12
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Middle East
Country
Net pay
Average tax
Rank
Kuwait
CNY 8563391
0.9%
1
Saudi Arabia
CNY 8536012
1.2%
2
Bahrain
CNY 8489120
1.8%
3
United Arab Emirates
CNY 8208011
5.0%
4
Qatar
CNY 8208011
5.0%
5
Oman
CNY 7948811
8.0%
6
Egypt
CNY 6482004
25.0%
7
Lebanon
CNY 6481375
25.0%
8
Turkey
CNY 5033413
41.7%
9
Israel
CNY 4496873
48.0%
10
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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.