Income tax calculator South Korea

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
14,498 원
Income Tax
- 180 원
Local Tax
- 17.99 원
National Pension
- 652 원
National Health Insurance
- 569 원
Employment Insurance
- 130 원
Total tax
- 1,550 원
Net pay
* 12,948 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
12,948 원
Net pay
2,773 원
Tax the employer pays
1,550 원
Tax you pay
Total tax paid
4,322 원
Did you know your employer also pays tax on your salary? It costs the employer 2,773 원 to pay you 14,498 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
14,498 원 yearly is how much per hour?
6.97 원 hourly is how much per year?
Summary
If you make 14,498 원 a year living in South Korea, you will be taxed 1,550 원. That means that your net pay will be 12,948 원 per year, or 1,079 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 10.68 원, hence, your net pay will only increase by 89.32 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
14,500 원
15,000 원
15,500 원
16,000 원
16,500 원
17,000 원
17,500 원
18,000 원
18,500 원
19,000 원
19,500 원
20,000 원
20,500 원
21,000 원
21,500 원
22,000 원
22,500 원
23,000 원
23,500 원
24,000 원
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 14268
1.6%
1
USA
KRW 13247
8.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 14498
0.0%
1
Singapore
KRW 14495
0.0%
2
Hong Kong
KRW 14498
0.0%
3
Malaysia
KRW 13928
3.9%
4
Thailand
KRW 13773
5.0%
5
Indonesia
KRW 13222
8.8%
6
Taiwan
KRW 13215
8.9%
7
South Korea
KRW 12948
10.7%
8
New Zealand
KRW 12774
11.9%
9
India
KRW 12764
12.0%
10
China
KRW 12587
13.2%
11
Vietnam
KRW 12327
15.0%
12
Japan
KRW 11781
18.7%
13
Kazakhstan
KRW 11482
20.8%
14
Philippines
KRW 5936
59.1%
15
Pakistan
KRW 14498
104.7%
16
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 14353
1.0%
1
Angola
KRW 14063
3.0%
2
Uganda
KRW 13773
5.0%
3
Ghana
KRW 13700
5.5%
4
Zambia
KRW 13628
6.0%
5
Morocco
KRW 13520
6.7%
6
Ivory Coast
KRW 13411
7.5%
7
Cameroon
KRW 12232
15.6%
8
Nigeria
KRW 12067
16.8%
9
Senegal
KRW 11194
22.8%
10
Mozambique
KRW 796
94.5%
11
Kenya
KRW 14498
315.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 14498
0.0%
1
Saudi Arabia
KRW 14499
0.0%
2
United Arab Emirates
KRW 13775
5.0%
3
Qatar
KRW 13774
5.0%
4
Lebanon
KRW 13483
7.0%
5
Bahrain
KRW 13333
8.0%
6
Oman
KRW 13346
8.1%
7
Kuwait
KRW 12916
11.0%
8
Israel
KRW 12591
13.2%
9
Turkey
KRW 12213
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.