Income tax calculator Beijing
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
315,000 元
Income Tax
- 141,612 元
Housing Fund
- 22.07 元
Pension
- 13.03 元
Medical Insurance
- 3.26 元
Unemployment
- 0.81 元
Total tax
- 141,651 元
Net pay
*
173,349 元
Marginal tax rate
45.0%
Average tax rate
45.0%
55.0%
Net pay
45.0%
Total tax
Total tax
Net pay
The Taxberg
173,349 元
Net pay
66.60 元
Tax the employer pays
141,651 元
Tax you pay
Total tax paid
141,718 元
Did you know your employer also pays tax on your salary? It costs the employer 66.60 元 to pay you 315,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.50 元 goes to the government.
Real tax rate
45.0%
So, with you and the employer both paying tax, what used to be a 45% tax rate now rises to 45.0%, meaning your real tax rate is actually 0% higher than what it seemed at first.
Summary
If you make 655,200,000 元 a year living in the region of Beijing, China, you will be taxed 294,634,729 元. That means that your net pay will be 360,565,271 元 per year, or 30,047,106 元 per month. Your average tax rate is 45.0% 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.
Tax per region
Region
Net pay
Average tax
Rank
Beijing
CNY 360565271
45.0%
1
Guangzhou
CNY 360564492
45.0%
2
Shanghai
CNY 360572775
45.0%
3
North America
Country
Net pay
Average tax
Rank
USA
CNY 349475067
46.7%
1
Canada
CNY 304643021
53.5%
2
Latin America
Country
Net pay
Average tax
Rank
Guatemala
CNY 579910680
11.5%
1
Brazil
CNY 475024055
27.5%
2
Costa Rica
CNY 439884857
32.9%
3
Panama
CNY 437394046
33.2%
4
Mexico
CNY 425914840
35.0%
5
Argentina
CNY 425879950
35.0%
6
Puerto Rico
CNY 423627888
35.3%
7
Peru
CNY 401366932
38.7%
8
Colombia
CNY 399826637
39.0%
9
Uruguay
CNY 398139433
39.2%
10
Chile
CNY 393296226
40.0%
11
Ecuador
CNY 373867216
42.9%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
CNY 476659251
27.3%
1
Kenya
CNY 458643658
30.0%
2
Ivory Coast
CNY 447050737
31.8%
3
Nigeria
CNY 445667937
32.0%
4
Ghana
CNY 433422000
33.9%
5
Mozambique
CNY 425895965
35.0%
6
Zambia
CNY 402950108
38.5%
7
Cameroon
CNY 398927417
39.1%
8
Morocco
CNY 397059650
39.4%
9
Senegal
CNY 393128257
40.0%
10
South Africa
CNY 360431824
45.0%
11
Uganda
CNY 360385791
45.0%
12
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Middle East
Country
Net pay
Average tax
Rank
Kuwait
CNY 655123379
0.0%
1
Saudi Arabia
CNY 655096000
0.0%
2
Bahrain
CNY 648583508
1.0%
3
United Arab Emirates
CNY 622440000
5.0%
4
Qatar
CNY 622440000
5.0%
5
Oman
CNY 602784000
8.0%
6
Egypt
CNY 491401995
25.0%
7
Lebanon
CNY 491401366
25.0%
8
Turkey
CNY 381596415
41.8%
9
Israel
CNY 327776867
50.0%
10
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NOTE* Withholding is calculated based on the Beijing 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.