Income tax calculator South Korea

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,217 원
Income Tax
- 15.10 원
Local Tax
- 1.51 원
National Pension
- 54.77 원
National Health Insurance
- 47.76 원
Employment Insurance
- 10.95 원
Total tax
- 130 원
Net pay
* 1,087 원
Marginal tax rate
10.7%
Average tax rate
10.7%
89.3%
Net pay
10.7%
Total tax
Total tax
Net pay
The Taxberg
1,087 원
Net pay
233 원
Tax the employer pays
130 원
Tax you pay
Total tax paid
363 원
Did you know your employer also pays tax on your salary? It costs the employer 233 원 to pay you 1,217 원. In other words, every time you spend 10 원 of your hard-earned money, 2.98 원 goes to the government.
Real tax rate
25.0%
So, with you and the employer both paying tax, what used to be a 10.7% tax rate now rises to 25.0%, meaning your real tax rate is actually 14.3% higher than what it seemed at first.
People also ask
1,217 원 yearly is how much per hour?
0.59 원 hourly is how much per year?
Summary
If you make 1,217 원 a year living in South Korea, you will be taxed 130 원. That means that your net pay will be 1,087 원 per year, or 90.58 원 per month. Your average tax rate is 10.7% and your marginal tax rate is 10.7%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 원 in your salary will be taxed 10.69 원, hence, your net pay will only increase by 89.31 원.
Bonus Example
A 1,000 원 bonus will generate an extra 893 원 of net incomes. A 5,000 원 bonus will generate an extra 4,466 원 of net incomes.
Compare average tax
Tax per income
1,500 원
2,000 원
2,500 원
3,000 원
3,500 원
4,000 원
4,500 원
5,000 원
5,500 원
6,000 원
6,500 원
7,000 원
7,500 원
8,000 원
8,500 원
9,000 원
9,500 원
10,000 원
10,500 원
11,000 원
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 1190
1.7%
1
USA
KRW 1112
9.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 1216
0.0%
1
Singapore
KRW 1220
0.0%
2
Hong Kong
KRW 1218
0.0%
3
Pakistan
KRW 1217
1,247.3%
4
Thailand
KRW 1156
5.0%
5
Indonesia
KRW 1110
8.8%
6
Taiwan
KRW 1109
8.9%
7
South Korea
KRW 1087
10.7%
8
New Zealand
KRW 1071
11.7%
9
India
KRW 1071
12.0%
10
China
KRW 1057
13.1%
11
Vietnam
KRW 1035
15.0%
12
Japan
KRW 989
18.7%
13
Kazakhstan
KRW 964
20.8%
14
Malaysia
KRW 647
46.9%
15
Philippines
KRW 498
59.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 1188
2.4%
1
Puerto Rico
KRW 1126
7.0%
2
Brazil
KRW 1125
7.4%
3
Colombia
KRW 1120
8.0%
4
Ecuador
KRW 1098
9.3%
5
Guatemala
KRW 1100
9.6%
6
Costa Rica
KRW 1089
10.5%
7
Panama
KRW 1082
11.5%
8
Peru
KRW 1064
12.6%
9
Argentina
KRW 1010
17.0%
10
Chile
KRW 1003
17.6%
11
Uruguay
KRW 997
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 1205
1.0%
1
Angola
KRW 1180
3.0%
2
Morocco
KRW 1135
6.8%
3
Cameroon
KRW 1027
15.6%
4
Nigeria
KRW 1017
16.4%
5
Kenya
KRW 1217
3,762.4%
6
Uganda
KRW 1156
5.0%
7
Ghana
KRW 1150
5.5%
8
Zambia
KRW 1144
6.0%
9
Ivory Coast
KRW 1126
7.5%
10
Senegal
KRW 1217
177.6%
11
Mozambique
KRW 1217
937.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 1217
0.0%
1
Saudi Arabia
KRW 1218
0.0%
2
United Arab Emirates
KRW 1157
5.0%
3
Qatar
KRW 1157
5.1%
4
Lebanon
KRW 1132
7.0%
5
Oman
KRW 1133
8.8%
6
Bahrain
KRW 1120
9.1%
7
Kuwait
KRW 1099
11.1%
8
Israel
KRW 1058
13.2%
9
Turkey
KRW 1025
15.8%
10
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NOTE* Withholding is calculated based on the tables of South Korea, 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.