Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,160 元
Income Tax
- 69.13 元
Housing Fund
- 139 元
Pension
- 92.80 元
Medical Insurance
- 23.20 元
Unemployment
- 5.80 元
Total tax
- 330 元
Net pay
* 830 元
Marginal tax rate
30.3%
Average tax rate
28.5%
71.5%
Net pay
28.5%
Total tax
Total tax
Net pay
The Taxberg
830 元
Net pay
456 元
Tax the employer pays
330 元
Tax you pay
Total tax paid
787 元
Did you know your employer also pays tax on your salary? It costs the employer 456 元 to pay you 1,160 元. In other words, every time you spend 10 元 of your hard-earned money, 6.78 元 goes to the government.
Real tax rate
48.7%
So, with you and the employer both paying tax, what used to be a 28.5% tax rate now rises to 48.7%, meaning your real tax rate is actually 20.2% higher than what it seemed at first.
Summary
If you make 60,320 元 a year living in the region of Beijing, China, you will be taxed 17,167 元. That means that your net pay will be 43,153 元 per year, or 3,596 元 per month. Your average tax rate is 28.5% 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 45868
24.0%
1
Guangzhou
CNY 43316
28.2%
2
Beijing
CNY 43153
28.5%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 54900
9.0%
1
Canada
CNY 46542
22.8%
2
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CNY 55525
8.0%
1
Colombia
CNY 55494
8.0%
2
Ecuador
CNY 54620
9.5%
3
Guatemala
CNY 54536
9.6%
4
Costa Rica
CNY 53986
10.5%
5
Panama
CNY 53685
11.0%
6
Peru
CNY 52780
12.5%
7
Mexico
CNY 52028
13.8%
8
Brazil
CNY 51547
14.5%
9
Chile
CNY 49704
17.6%
10
Uruguay
CNY 48196
20.1%
11
Argentina
CNY 39158
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.