Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,438 원
Income Tax
- 17.84 원
Local Tax
- 1.78 원
National Pension
- 64.71 원
National Health Insurance
- 56.43 원
Employment Insurance
- 12.94 원
Total tax
- 154 원
Net pay
* 1,284 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
1,284 원
Net pay
275 원
Tax the employer pays
154 원
Tax you pay
Total tax paid
429 원
Did you know your employer also pays tax on your salary? It costs the employer 275 원 to pay you 1,438 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 1,438 원 a year living in South Korea, you will be taxed 154 원. That means that your net pay will be 1,284 원 per year, or 107 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 1444
0.0%
1
Germany
KRW 1436
0.0%
2
Austria
KRW 1436
0.0%
3
Ireland
KRW 1436
0.0%
4
Netherlands
KRW 1436
0.0%
5
Sweden
KRW 1438
0.0%
6
Norway
KRW 1438
0.0%
7
Switzerland
KRW 1435
2,404.4%
8
Spain
KRW 1346
6.3%
9
France
KRW 1301
9.4%
10
Italy
KRW 1301
9.4%
11
Czech Republic
KRW 1280
11.0%
12
Luxembourg
KRW 1286
11.3%
13
Russia
KRW 1251
13.0%
14
Hungary
KRW 1172
18.5%
15
Ukraine
KRW 1158
19.5%
16
Poland
KRW 1129
21.5%
17
Greece
KRW 1122
21.9%
18
Portugal
KRW 1077
25.8%
19
Finland
KRW 1002
30.9%
20
Belgium
KRW 972
32.3%
21
Romania
KRW 818
43.1%
22
Denmark
KRW 0
100.0%
23
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North America
Country 
Net pay
Average tax
Rank
Canada
KRW 1412
2.1%
1
USA
KRW 1309
8.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 1437
0.0%
1
Singapore
KRW 1441
0.0%
2
Hong Kong
KRW 1439
0.0%
3
Pakistan
KRW 1438
1,055.6%
4
Thailand
KRW 1366
5.0%
5
Indonesia
KRW 1311
8.8%
6
Taiwan
KRW 1311
8.9%
7
South Korea
KRW 1284
10.7%
8
New Zealand
KRW 1264
11.7%
9
India
KRW 1266
12.0%
10
China
KRW 1249
13.1%
11
Vietnam
KRW 1223
15.0%
12
Japan
KRW 1168
18.7%
13
Kazakhstan
KRW 1139
20.8%
14
Malaysia
KRW 866
39.7%
15
Philippines
KRW 589
59.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 1404
2.4%
1
Puerto Rico
KRW 1337
6.9%
2
Brazil
KRW 1331
7.5%
3
Colombia
KRW 1323
8.0%
4
Guatemala
KRW 1300
9.6%
5
Ecuador
KRW 1295
9.8%
6
Costa Rica
KRW 1287
10.5%
7
Panama
KRW 1279
10.8%
8
Peru
KRW 1258
12.5%
9
Argentina
KRW 1194
17.0%
10
Chile
KRW 1185
17.6%
11
Uruguay
KRW 1178
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 1424
1.0%
1
Angola
KRW 1395
3.0%
2
Morocco
KRW 1340
6.7%
3
Cameroon
KRW 1213
15.6%
4
Nigeria
KRW 1201
16.5%
5
Kenya
KRW 1438
3,184.2%
6
Uganda
KRW 1366
5.0%
7
Ghana
KRW 1359
5.5%
8
Zambia
KRW 1352
6.0%
9
Ivory Coast
KRW 1330
7.5%
10
Senegal
KRW 1438
151.6%
11
Mozambique
KRW 1438
834.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 1438
0.0%
1
Saudi Arabia
KRW 1439
0.0%
2
United Arab Emirates
KRW 1364
5.1%
3
Qatar
KRW 1365
5.1%
4
Lebanon
KRW 1337
7.0%
5
Oman
KRW 1316
7.7%
6
Bahrain
KRW 1307
7.9%
7
Kuwait
KRW 1282
9.7%
8
Israel
KRW 1250
13.1%
9
Turkey
KRW 1211
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.