700 元 income tax calculator 2025 - Beijing

Salary rate

Annual

Month

Semimonthly

Weekly

Day

Hour

Withholding

Salary

700 元

Income Tax

- 178 元

Housing Fund

- 22.07 元

Pension

- 13.03 元

Medical Insurance

- 3.26 元

Unemployment

- 0.81 元

Total tax

- 217 元

Net pay

* 483 元

Marginal tax rate

43.0%

Average tax rate

31.0%

69.0%

Net pay

31.0%

Total tax

Net pay

The Taxberg

483 元

Net pay

66.60 元

Tax the employer pays

217 元

Tax you pay

Total tax paid

284 元

Did you know your employer also pays tax on your salary? It costs the employer 66.60 元 to pay you 700 元. In other words, every time you spend 10 元 of your hard-earned money, 4.05 元 goes to the government.

Real tax rate

37.0%

So, with you and the employer both paying tax, what used to be a 31% tax rate now rises to 37.0%, meaning your real tax rate is actually 6% higher than what it seemed at first.

700 元 hourly is how much per year?

Summary

If you make 1,456,000 元 a year living in the region of Beijing, China, you will be taxed 451,601 元. That means that your net pay will be 1,004,399 元 per year, or 83,700 元 per month. Your average tax rate is 31.0% 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 43.02 元, hence, your net pay will only increase by 56.98 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 2,849 元 of net incomes.

Region

Tax per income

Tax per region

Shanghai

CNY 1013575

30.4%

1

Beijing

CNY 1004399

31.0%

2

Guangzhou

CNY 1003598

31.1%

3

Europe

Russia

CNY 1266720

13.0%

1

Hungary

CNY 1186640

18.5%

2

Ukraine

CNY 1172080

19.5%

3

Czech Republic

CNY 1113486

23.5%

4

Switzerland

CNY 1020474

29.9%

5

United Kingdom

CNY 911724

37.4%

6

Norway

CNY 867957

40.4%

7

Spain

CNY 864016

40.7%

8

France

CNY 863016

40.7%

9

Austria

CNY 860028

40.9%

10

Poland

CNY 857924

41.1%

11

Romania

CNY 851760

41.5%

12

Denmark

CNY 839004

42.4%

13

Greece

CNY 830216

43.0%

14

Ireland

CNY 805924

44.7%

15

Netherlands

CNY 801594

45.0%

16

Sweden

CNY 797108

45.3%

17

Luxembourg

CNY 783288

46.2%

18

Germany

CNY 777229

46.6%

19

Italy

CNY 713240

51.0%

20

Finland

CNY 646739

55.6%

21

Portugal

CNY 625146

57.1%

22

Belgium

CNY 583524

59.9%

23

North America

USA

CNY 980703

32.6%

1

Canada

CNY 844553

42.0%

2

Asia / Pacific

Kazakhstan

CNY 1261261

13.4%

1

Hong Kong

CNY 1232196

15.4%

2

Singapore

CNY 1191105

18.2%

3

Taiwan

CNY 1055416

27.5%

4

Thailand

CNY 1046011

28.2%

5

Indonesia

CNY 1011108

30.6%

6

China

CNY 1004399

31.0%

7

Pakistan

CNY 978697

32.8%

8

New Zealand

CNY 965112

33.7%

9

Malaysia

CNY 959010

34.1%

10

Vietnam

CNY 958256

34.2%

11

Philippines

CNY 954776

34.4%

12

Japan

CNY 950194

34.7%

13

South Korea

CNY 947287

34.9%

14

Australia

CNY 910540

37.5%

15

India

CNY 768960

47.2%

16

Latin America

Guatemala

CNY 1294286

11.1%

1

Brazil

CNY 1059655

27.2%

2

Costa Rica

CNY 1059197

27.3%

3

Uruguay

CNY 1054343

27.6%

4

Colombia

CNY 1045830

28.2%

5

Chile

CNY 1038583

28.7%

6

Panama

CNY 1019926

30.0%

7

Puerto Rico

CNY 982392

32.5%

8

Mexico

CNY 980171

32.7%

9

Peru

CNY 948732

34.8%

10

Argentina

CNY 946350

35.0%

11

Ecuador

CNY 929145

36.2%

12

Africa

Angola

CNY 1060491

27.2%

1

Kenya

CNY 1022858

29.8%

2

Nigeria

CNY 991268

31.9%

3

Ivory Coast

CNY 984862

32.4%

4

Ghana

CNY 970344

33.4%

5

Mozambique

CNY 962365

33.9%

6

Morocco

CNY 898631

38.3%

7

Zambia

CNY 897548

38.4%

8

Cameroon

CNY 895382

38.5%

9

Senegal

CNY 881857

39.4%

10

South Africa

CNY 872624

40.1%

11

Uganda

CNY 826591

43.2%

12

Middle East

United Arab Emirates

CNY 1383200

5.0%

1

Qatar

CNY 1383200

5.0%

2

Kuwait

CNY 1379379

5.3%

3

Bahrain

CNY 1376948

5.4%

4

Saudi Arabia

CNY 1352000

7.1%

5

Oman

CNY 1339520

8.0%

6

Egypt

CNY 1093995

24.9%

7

Lebanon

CNY 1093366

24.9%

8

Israel

CNY 904410

37.9%

9

Turkey

CNY 849372

41.7%

10

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.

Income tax calculator Beijing

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