Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
60,900 元
Income Tax
- 9,820 元
Housing Fund
- 2,393 元
Pension
- 2,483 元
Medical Insurance
- 621 元
Unemployment
- 155 元
Total tax
- 15,473 元
Net pay
* 45,427 元
Marginal tax rate
-43.8%
Average tax rate
25.4%
74.6%
Net pay
25.4%
Total tax
Total tax
Net pay
The Taxberg
45,427 元
Net pay
11,049 元
Tax the employer pays
15,473 元
Tax you pay
Total tax paid
26,521 元
Did you know your employer also pays tax on your salary? It costs the employer 11,049 元 to pay you 60,900 元. In other words, every time you spend 10 元 of your hard-earned money, 4.35 元 goes to the government.
Real tax rate
36.9%
So, with you and the employer both paying tax, what used to be a 25.4% tax rate now rises to 36.9%, meaning your real tax rate is actually 11.5% higher than what it seemed at first.
Summary
If you make 730,800 元 a year living in the region of Shanghai, China, you will be taxed 185,671 元. That means that your net pay will be 545,129 元 per year, or 45,427 元 per month. Your average tax rate is 25.4% and your marginal tax rate is -43.8%. 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 -43.78 元, hence, your net pay will only increase by 144 元.
Bonus Example
A 1,000 元 bonus will generate an extra 1,438 元 of net incomes. A 5,000 元 bonus will generate an extra 7,189 元 of net incomes.
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 545129
25.4%
1
Beijing
CNY 535726
26.7%
2
Guangzhou
CNY 534751
26.8%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 524542
28.2%
1
Canada
CNY 483237
33.9%
2
Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 532908
27.1%
1
Kenya
CNY 515218
29.5%
2
Nigeria
CNY 497987
31.9%
3
Mozambique
CNY 490985
32.8%
4
Ghana
CNY 490625
32.9%
5
Ivory Coast
CNY 490040
32.9%
6
South Africa
CNY 473764
35.2%
7
Morocco
CNY 459168
37.2%
8
Cameroon
CNY 453844
37.9%
9
Zambia
CNY 451550
38.2%
10
Senegal
CNY 446737
38.9%
11
Uganda
CNY 427731
41.5%
12
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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.