Income tax calculator Beijing
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
40,080 元
Income Tax
- 12,522 元
Housing Fund
- 883 元
Pension
- 521 元
Medical Insurance
- 130 元
Unemployment
- 32.56 元
Total tax
- 14,088 元
Net pay
*
25,992 元
Marginal tax rate
45.0%
Average tax rate
35.2%
64.8%
Net pay
35.2%
Total tax
Total tax
Net pay
The Taxberg
25,992 元
Net pay
2,664 元
Tax the employer pays
14,088 元
Tax you pay
Total tax paid
16,753 元
Did you know your employer also pays tax on your salary? It costs the employer 2,664 元 to pay you 40,080 元. In other words, every time you spend 10 元 of your hard-earned money, 4.18 元 goes to the government.
Real tax rate
39.2%
So, with you and the employer both paying tax, what used to be a 35.2% tax rate now rises to 39.2%, meaning your real tax rate is actually 4% higher than what it seemed at first.
Summary
If you make 2,084,160 元 a year living in the region of Beijing, China, you will be taxed 732,601 元. That means that your net pay will be 1,351,559 元 per year, or 112,630 元 per month. Your average tax rate is 35.2% 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.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 1359063
34.8%
1
Beijing
CNY 1351559
35.2%
2
Guangzhou
CNY 1350780
35.2%
3
North America
Country
Net pay
Average tax
Rank
USA
CNY 1326259
36.4%
1
Canada
CNY 1137478
45.4%
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.