Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
24,320 元
Income Tax
- 5,535 元
Housing Fund
- 883 元
Pension
- 521 元
Medical Insurance
- 130 元
Unemployment
- 32.56 元
Total tax
- 7,102 元
Net pay
* 17,218 元
Marginal tax rate
43.0%
Average tax rate
29.2%
70.8%
Net pay
29.2%
Total tax
Total tax
Net pay
The Taxberg
17,218 元
Net pay
2,664 元
Tax the employer pays
7,102 元
Tax you pay
Total tax paid
9,766 元
Did you know your employer also pays tax on your salary? It costs the employer 2,664 元 to pay you 24,320 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
36.2%
So, with you and the employer both paying tax, what used to be a 29.2% tax rate now rises to 36.2%, meaning your real tax rate is actually 7% higher than what it seemed at first.
Summary
If you make 1,264,640 元 a year living in the region of Beijing, China, you will be taxed 369,296 元. That means that your net pay will be 895,344 元 per year, or 74,612 元 per month. Your average tax rate is 29.2% 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.
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 1100237
13.0%
1
Hungary
CNY 1030682
18.5%
2
Ukraine
CNY 1018035
19.5%
3
Czech Republic
CNY 966139
23.6%
4
Switzerland
CNY 908490
28.2%
5
United Kingdom
CNY 803127
36.5%
6
France
CNY 773670
38.8%
7
Norway
CNY 766538
39.4%
8
Spain
CNY 761064
39.8%
9
Austria
CNY 752625
40.5%
10
Poland
CNY 747787
40.9%
11
Denmark
CNY 740986
41.4%
12
Romania
CNY 739814
41.5%
13
Greece
CNY 723054
42.8%
14
Ireland
CNY 714071
43.5%
15
Netherlands
CNY 704958
44.3%
16
Sweden
CNY 701409
44.5%
17
Luxembourg
CNY 680126
46.2%
18
Germany
CNY 677894
46.4%
19
Italy
CNY 626401
50.5%
20
Finland
CNY 576280
54.4%
21
Portugal
CNY 551473
56.4%
22
Belgium
CNY 511994
59.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CNY 861951
31.8%
1
Canada
CNY 753657
40.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 1089037
13.9%
1
Hong Kong
CNY 1073367
15.1%
2
Singapore
CNY 1036869
18.0%
3
Taiwan
CNY 938002
25.8%
4
Thailand
CNY 920241
27.2%
5
China
CNY 895344
29.2%
6
Indonesia
CNY 881749
30.3%
7
Pakistan
CNY 854313
32.5%
8
New Zealand
CNY 848382
32.9%
9
South Korea
CNY 839689
33.6%
10
Malaysia
CNY 838458
33.7%
11
Japan
CNY 837325
33.8%
12
Philippines
CNY 835875
33.9%
13
Vietnam
CNY 833872
34.1%
14
Australia
CNY 809119
36.0%
15
India
CNY 678356
46.4%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 1124917
11.1%
1
Costa Rica
CNY 930747
26.4%
2
Colombia
CNY 924313
26.9%
3
Brazil
CNY 920919
27.2%
4
Uruguay
CNY 917822
27.4%
5
Chile
CNY 915352
27.6%
6
Panama
CNY 892194
29.5%
7
Puerto Rico
CNY 857036
32.2%
8
Mexico
CNY 855093
32.4%
9
Peru
CNY 831524
34.3%
10
Argentina
CNY 821966
35.0%
11
Ecuador
CNY 819981
35.2%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 921276
27.2%
1
Kenya
CNY 888906
29.7%
2
Nigeria
CNY 861105
31.9%
3
Ivory Coast
CNY 854292
32.5%
4
Ghana
CNY 843760
33.3%
5
Mozambique
CNY 837981
33.7%
6
Morocco
CNY 782669
38.1%
7
Zambia
CNY 779862
38.3%
8
Cameroon
CNY 778873
38.4%
9
South Africa
CNY 767376
39.3%
10
Senegal
CNY 767041
39.4%
11
Uganda
CNY 721343
43.0%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CNY 1201408
5.0%
1
Qatar
CNY 1201408
5.0%
2
Kuwait
CNY 1188019
6.1%
3
Bahrain
CNY 1187501
6.1%
4
Oman
CNY 1163469
8.0%
5
Saudi Arabia
CNY 1160640
8.2%
6
Egypt
CNY 950475
24.8%
7
Lebanon
CNY 949846
24.9%
8
Israel
CNY 799893
36.8%
9
Turkey
CNY 737922
41.7%
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.