Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
123,462 元
Income Tax
- 50,044 元
Housing Fund
- 883 元
Pension
- 521 元
Medical Insurance
- 130 元
Unemployment
- 32.56 元
Total tax
- 51,610 元
Net pay
* 71,852 元
Marginal tax rate
45.0%
Average tax rate
41.8%
58.2%
Net pay
41.8%
Total tax
Total tax
Net pay
The Taxberg
71,852 元
Net pay
2,664 元
Tax the employer pays
51,610 元
Tax you pay
Total tax paid
54,275 元
Did you know your employer also pays tax on your salary? It costs the employer 2,664 元 to pay you 123,462 元. In other words, every time you spend 10 元 of your hard-earned money, 4.40 元 goes to the government.
Real tax rate
43.0%
So, with you and the employer both paying tax, what used to be a 41.8% tax rate now rises to 43.0%, meaning your real tax rate is actually 1.2% higher than what it seemed at first.
Summary
If you make 6,420,024 元 a year living in the region of Beijing, China, you will be taxed 2,683,740 元. That means that your net pay will be 3,736,284 元 per year, or 311,357 元 per month. Your average tax rate is 41.8% 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
Shanghai
CNY 3743788
41.7%
1
Beijing
CNY 3736284
41.8%
2
Guangzhou
CNY 3735506
41.8%
3
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 5585421
13.0%
1
Hungary
CNY 5232320
18.5%
2
Ukraine
CNY 5168119
19.5%
3
Czech Republic
CNY 4935785
23.1%
4
Romania
CNY 3755714
41.5%
5
Poland
CNY 3714943
42.1%
6
Greece
CNY 3610069
43.8%
7
Switzerland
CNY 3600933
43.9%
8
United Kingdom
CNY 3483220
45.7%
9
Norway
CNY 3479034
45.8%
10
Spain
CNY 3453171
46.2%
11
Austria
CNY 3419101
46.7%
12
Luxembourg
CNY 3406174
46.9%
13
Denmark
CNY 3381656
47.3%
14
Netherlands
CNY 3308426
48.5%
15
Sweden
CNY 3279600
48.9%
16
Germany
CNY 3210354
50.0%
17
Ireland
CNY 3188655
50.3%
18
Italy
CNY 2965914
53.8%
19
France
CNY 2954958
54.0%
20
Finland
CNY 2474493
61.5%
21
Belgium
CNY 2439072
62.0%
22
Portugal
CNY 2375795
63.0%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CNY 3675340
42.8%
1
Canada
CNY 3152372
50.9%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 5687850
11.4%
1
Brazil
CNY 4658572
27.4%
2
Costa Rica
CNY 4391298
31.6%
3
Panama
CNY 4333412
32.5%
4
Mexico
CNY 4207855
34.5%
5
Puerto Rico
CNY 4191633
34.7%
6
Argentina
CNY 4172965
35.0%
7
Uruguay
CNY 4096427
36.2%
8
Colombia
CNY 4086406
36.4%
9
Chile
CNY 4028241
37.3%
10
Peru
CNY 3989196
37.9%
11
Ecuador
CNY 3760947
41.4%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 4671818
27.2%
1
Kenya
CNY 4497674
29.9%
2
Ivory Coast
CNY 4371940
31.9%
3
Nigeria
CNY 4367798
32.0%
4
Ghana
CNY 4254046
33.7%
5
Mozambique
CNY 4188980
34.8%
6
Zambia
CNY 3950423
38.5%
7
Cameroon
CNY 3917728
39.0%
8
Morocco
CNY 3906770
39.2%
9
Senegal
CNY 3860272
39.9%
10
South Africa
CNY 3602838
43.9%
11
Uganda
CNY 3556804
44.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 6343403
1.2%
1
Saudi Arabia
CNY 6316024
1.6%
2
Bahrain
CNY 6291332
2.0%
3
United Arab Emirates
CNY 6099023
5.0%
4
Qatar
CNY 6099023
5.0%
5
Oman
CNY 5906422
8.0%
6
Egypt
CNY 4817013
25.0%
7
Lebanon
CNY 4816384
25.0%
8
Turkey
CNY 3740469
41.7%
9
Israel
CNY 3386879
47.3%
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.