Income tax calculator Shanghai
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
12,918 元
Income Tax
- 989 元
Housing Fund
- 904 元
Pension
- 1,033 元
Medical Insurance
- 258 元
Unemployment
- 64.59 元
Total tax
- 3,250 元
Net pay
*
9,668 元
Marginal tax rate
41.3%
Average tax rate
25.2%
74.8%
Net pay
25.2%
Total tax
Total tax
Net pay
The Taxberg
9,668 元
Net pay
4,501 元
Tax the employer pays
3,250 元
Tax you pay
Total tax paid
7,750 元
Did you know your employer also pays tax on your salary? It costs the employer 4,501 元 to pay you 12,918 元. In other words, every time you spend 10 元 of your hard-earned money, 6 元 goes to the government.
Real tax rate
44.5%
So, with you and the employer both paying tax, what used to be a 25.2% tax rate now rises to 44.5%, meaning your real tax rate is actually 19.3% higher than what it seemed at first.
Summary
If you make 155,016 元 a year living in the region of Shanghai, China, you will be taxed 38,995 元. That means that your net pay will be 116,021 元 per year, or 9,668 元 per month. Your average tax rate is 25.2% and your marginal tax rate is 41.3%. 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 41.33 元, hence, your net pay will only increase by 58.67 元.
Bonus Example
A 1,000 元 bonus will generate an extra 587 元 of net incomes. A 5,000 元 bonus will generate an extra 2,934 元 of net incomes.
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 116021
25.2%
1
Guangzhou
CNY 109622
29.3%
2
Beijing
CNY 109204
29.6%
3
NOTE* Withholding is calculated based on the Shanghai 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.