Income tax calculator Beijing
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
625 元
Income Tax
- 146 元
Housing Fund
- 22.07 元
Pension
- 13.03 元
Medical Insurance
- 3.26 元
Unemployment
- 0.81 元
Total tax
- 185 元
Net pay
*
440 元
Marginal tax rate
43.0%
Average tax rate
29.6%
70.4%
Net pay
29.6%
Total tax
Total tax
Net pay
The Taxberg
440 元
Net pay
66.60 元
Tax the employer pays
185 元
Tax you pay
Total tax paid
251 元
Did you know your employer also pays tax on your salary? It costs the employer 66.60 元 to pay you 625 元. In other words, every time you spend 10 元 of your hard-earned money, 4.02 元 goes to the government.
Real tax rate
36.4%
So, with you and the employer both paying tax, what used to be a 29.6% tax rate now rises to 36.4%, meaning your real tax rate is actually 6.8% higher than what it seemed at first.
Summary
If you make 1,300,000 元 a year living in the region of Beijing, China, you will be taxed 384,504 元. That means that your net pay will be 915,496 元 per year, or 76,291 元 per month. Your average tax rate is 29.6% and your marginal tax rate is 43.0%. 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 43.01 元, hence, your net pay will only increase by 56.99 元.
Bonus Example
A 1,000 元 bonus will generate an extra 570 元 of net incomes. A 5,000 元 bonus will generate an extra 2,850 元 of net incomes.
North America
Country
Net pay
Average tax
Rank
USA
CNY 885925
31.9%
1
Canada
CNY 770453
40.7%
2
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.