Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
2,460,000 元
Income Tax
- 820,258 元
Housing Fund
- 45,913 元
Pension
- 27,092 元
Medical Insurance
- 6,773 元
Unemployment
- 1,693 元
Total tax
- 901,729 元
Net pay
* 1,558,271 元
Marginal tax rate
45.0%
Average tax rate
36.7%
63.3%
Net pay
36.7%
Total tax
Total tax
Net pay
The Taxberg
1,558,271 元
Net pay
138,534 元
Tax the employer pays
901,729 元
Tax you pay
Total tax paid
1,040,264 元
Did you know your employer also pays tax on your salary? It costs the employer 138,534 元 to pay you 2,460,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.23 元 goes to the government.
Real tax rate
40.0%
So, with you and the employer both paying tax, what used to be a 36.7% tax rate now rises to 40.0%, meaning your real tax rate is actually 3.3% higher than what it seemed at first.
Summary
If you make 2,460,000 元 a year living in the region of Beijing, China, you will be taxed 901,729 元. That means that your net pay will be 1,558,271 元 per year, or 129,856 元 per month. Your average tax rate is 36.7% 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 1565775
36.4%
1
Beijing
CNY 1558271
36.7%
2
Guangzhou
CNY 1557492
36.7%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 1533849
37.7%
1
Canada
CNY 1312133
46.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 2164861
12.0%
1
Hong Kong
CNY 2065516
16.0%
2
Singapore
CNY 1980698
19.5%
3
Thailand
CNY 1698621
31.0%
4
Indonesia
CNY 1689812
31.3%
5
Taiwan
CNY 1658099
32.6%
6
Pakistan
CNY 1631297
33.7%
7
Vietnam
CNY 1610856
34.5%
8
Philippines
CNY 1578093
35.9%
9
New Zealand
CNY 1577552
35.9%
10
Malaysia
CNY 1575367
36.0%
11
China
CNY 1558271
36.7%
12
Japan
CNY 1516718
38.3%
13
South Korea
CNY 1497001
39.2%
14
Australia
CNY 1442660
41.4%
15
India
CNY 1226297
50.2%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 2182908
11.3%
1
Brazil
CNY 1787555
27.3%
2
Costa Rica
CNY 1733132
29.6%
3
Uruguay
CNY 1691267
31.3%
4
Panama
CNY 1690096
31.3%
5
Colombia
CNY 1670867
32.1%
6
Chile
CNY 1652226
32.8%
7
Mexico
CNY 1633840
33.6%
8
Puerto Rico
CNY 1631478
33.7%
9
Argentina
CNY 1598950
35.0%
10
Peru
CNY 1563682
36.4%
11
Ecuador
CNY 1501892
39.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 1790901
27.2%
1
Kenya
CNY 1725658
29.9%
2
Nigeria
CNY 1674189
31.9%
3
Ivory Coast
CNY 1669916
32.1%
4
Ghana
CNY 1634490
33.6%
5
Mozambique
CNY 1614965
34.4%
6
Zambia
CNY 1515008
38.4%
7
Morocco
CNY 1507043
38.7%
8
Cameroon
CNY 1506668
38.8%
9
Senegal
CNY 1484257
39.7%
10
South Africa
CNY 1424824
42.1%
11
Uganda
CNY 1378791
44.0%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 2383379
3.1%
1
Bahrain
CNY 2370908
3.6%
2
Saudi Arabia
CNY 2356000
4.2%
3
United Arab Emirates
CNY 2337000
5.0%
4
Qatar
CNY 2337000
5.0%
5
Oman
CNY 2263200
8.0%
6
Egypt
CNY 1846995
24.9%
7
Lebanon
CNY 1846366
24.9%
8
Turkey
CNY 1434112
41.7%
9
Israel
CNY 1406867
42.8%
10
Show more
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.