Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
33 元
Income Tax
- 2.04 元
Housing Fund
- 3.96 元
Pension
- 2.64 元
Medical Insurance
- 0.66 元
Unemployment
- 0.17 元
Total tax
- 9.46 元
Net pay
* 23.54 元
Marginal tax rate
30.3%
Average tax rate
28.7%
71.3%
Net pay
28.7%
Total tax
Total tax
Net pay
The Taxberg
23.54 元
Net pay
12.99 元
Tax the employer pays
9.46 元
Tax you pay
Total tax paid
22.45 元
Did you know your employer also pays tax on your salary? It costs the employer 12.99 元 to pay you 33 元. In other words, every time you spend 10 元 of your hard-earned money, 6.80 元 goes to the government.
Real tax rate
48.8%
So, with you and the employer both paying tax, what used to be a 28.7% tax rate now rises to 48.8%, meaning your real tax rate is actually 20.1% higher than what it seemed at first.
Summary
If you make 68,640 元 a year living in the region of Beijing, China, you will be taxed 19,684 元. That means that your net pay will be 48,956 元 per year, or 4,080 元 per month. Your average tax rate is 28.7% and your marginal tax rate is 30.3%. 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 30.25 元, hence, your net pay will only increase by 69.75 元.
Bonus Example
A 1,000 元 bonus will generate an extra 698 元 of net incomes. A 5,000 元 bonus will generate an extra 3,488 元 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 52045
24.2%
1
Guangzhou
CNY 49142
28.4%
2
Beijing
CNY 48956
28.7%
3
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CNY 63194
7.9%
1
Colombia
CNY 63149
8.0%
2
Ecuador
CNY 62154
9.5%
3
Guatemala
CNY 62058
9.6%
4
Costa Rica
CNY 61433
10.5%
5
Panama
CNY 61090
11.0%
6
Peru
CNY 59129
13.9%
7
Mexico
CNY 58340
15.0%
8
Brazil
CNY 57260
16.6%
9
Chile
CNY 56559
17.6%
10
Uruguay
CNY 54843
20.1%
11
Argentina
CNY 44566
35.1%
12
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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.