Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
12,827 원
Income Tax
- 159 원
Local Tax
- 15.91 원
National Pension
- 577 원
National Health Insurance
- 503 원
Employment Insurance
- 115 원
Total tax
- 1,371 원
Net pay
* 11,456 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
11,456 원
Net pay
2,453 원
Tax the employer pays
1,371 원
Tax you pay
Total tax paid
3,824 원
Did you know your employer also pays tax on your salary? It costs the employer 2,453 원 to pay you 12,827 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.
Summary
If you make 12,827 원 a year living in South Korea, you will be taxed 1,371 원. That means that your net pay will be 11,456 원 per year, or 955 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
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
KRW 12834
0.0%
1
Germany
KRW 12834
0.0%
2
Austria
KRW 12834
0.0%
3
Ireland
KRW 12834
0.0%
4
Sweden
KRW 12827
0.0%
5
Norway
KRW 12827
0.0%
6
Spain
KRW 12012
6.3%
7
Italy
KRW 11653
9.2%
8
France
KRW 11593
9.7%
9
Czech Republic
KRW 11416
11.0%
10
Luxembourg
KRW 11413
11.1%
11
Russia
KRW 11160
13.0%
12
Hungary
KRW 10454
18.5%
13
Ukraine
KRW 10326
19.5%
14
Poland
KRW 10071
21.5%
15
Greece
KRW 10022
21.8%
16
Portugal
KRW 9543
25.6%
17
Finland
KRW 8885
30.8%
18
Belgium
KRW 8721
32.0%
19
Netherlands
KRW 8063
37.2%
20
Romania
KRW 7497
41.6%
21
Denmark
KRW 0
100.0%
22
Switzerland
KRW 12824
303.1%
23
Show more
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 12624
1.7%
1
USA
KRW 11712
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 12831
0.0%
1
Singapore
KRW 12822
0.0%
2
Hong Kong
KRW 12826
0.0%
3
Malaysia
KRW 12256
4.5%
4
Thailand
KRW 12186
5.0%
5
Indonesia
KRW 11698
8.8%
6
Taiwan
KRW 11692
8.9%
7
South Korea
KRW 11456
10.7%
8
New Zealand
KRW 11301
11.9%
9
India
KRW 11292
12.0%
10
China
KRW 11136
13.2%
11
Vietnam
KRW 10906
15.0%
12
Japan
KRW 10423
18.7%
13
Kazakhstan
KRW 10159
20.8%
14
Philippines
KRW 5252
59.1%
15
Pakistan
KRW 12827
118.3%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 12522
2.4%
1
Brazil
KRW 11866
7.5%
2
Puerto Rico
KRW 11811
7.9%
3
Colombia
KRW 11801
8.0%
4
Ecuador
KRW 11614
9.4%
5
Guatemala
KRW 11596
9.6%
6
Costa Rica
KRW 11480
10.5%
7
Panama
KRW 11415
11.0%
8
Peru
KRW 11223
12.5%
9
Argentina
KRW 10646
17.0%
10
Chile
KRW 10569
17.6%
11
Uruguay
KRW 10505
18.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 12699
1.0%
1
Angola
KRW 12442
3.0%
2
Uganda
KRW 12186
5.0%
3
Ghana
KRW 12122
5.5%
4
Zambia
KRW 12057
6.0%
5
Morocco
KRW 11963
6.7%
6
Ivory Coast
KRW 11865
7.5%
7
Cameroon
KRW 10822
15.6%
8
Nigeria
KRW 10677
16.8%
9
Senegal
KRW 9667
24.6%
10
Mozambique
KRW 12827
105.1%
11
Kenya
KRW 12827
357.0%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 12827
0.0%
1
Saudi Arabia
KRW 12827
0.0%
2
United Arab Emirates
KRW 12188
5.0%
3
Qatar
KRW 12185
5.0%
4
Lebanon
KRW 11929
7.0%
5
Bahrain
KRW 11802
7.9%
6
Oman
KRW 11810
8.0%
7
Kuwait
KRW 11405
11.1%
8
Israel
KRW 11139
13.1%
9
Turkey
KRW 10805
15.8%
10
Show more
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.