Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
15,666 원
Income Tax
- 194 원
Local Tax
- 19.43 원
National Pension
- 705 원
National Health Insurance
- 615 원
Employment Insurance
- 141 원
Total tax
- 1,674 원
Net pay
* 13,992 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
13,992 원
Net pay
2,996 원
Tax the employer pays
1,674 원
Tax you pay
Total tax paid
4,670 원
Did you know your employer also pays tax on your salary? It costs the employer 2,996 원 to pay you 15,666 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 15,666 원 a year living in South Korea, you will be taxed 1,674 원. That means that your net pay will be 13,992 원 per year, or 1,166 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.
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
KRW 15668
0.0%
1
Germany
KRW 15661
0.0%
2
Austria
KRW 15661
0.0%
3
Ireland
KRW 15661
0.0%
4
Sweden
KRW 15665
0.0%
5
Norway
KRW 15666
0.0%
6
Spain
KRW 14674
6.3%
7
Italy
KRW 14225
9.2%
8
France
KRW 14151
9.6%
9
Czech Republic
KRW 13943
11.0%
10
Luxembourg
KRW 13941
11.1%
11
Russia
KRW 13629
13.0%
12
Hungary
KRW 12768
18.5%
13
Ukraine
KRW 12611
19.5%
14
Poland
KRW 12302
21.5%
15
Greece
KRW 12236
21.9%
16
Portugal
KRW 11668
25.6%
17
Finland
KRW 10845
30.8%
18
Belgium
KRW 10650
32.0%
19
Netherlands
KRW 9693
38.1%
20
Romania
KRW 9163
41.5%
21
Denmark
KRW 0
100.0%
22
Switzerland
KRW 15663
249.1%
23
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North America
Country 
Net pay
Average tax
Rank
Canada
KRW 15417
1.6%
1
USA
KRW 14303
8.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 15668
0.0%
1
Singapore
KRW 15662
0.0%
2
Hong Kong
KRW 15666
0.0%
3
Malaysia
KRW 15096
3.7%
4
Thailand
KRW 14883
5.0%
5
Indonesia
KRW 14287
8.8%
6
Taiwan
KRW 14279
8.9%
7
South Korea
KRW 13992
10.7%
8
New Zealand
KRW 13804
11.9%
9
India
KRW 13792
12.0%
10
China
KRW 13601
13.2%
11
Vietnam
KRW 13320
15.0%
12
Japan
KRW 12730
18.7%
13
Kazakhstan
KRW 12407
20.8%
14
Philippines
KRW 6414
59.1%
15
Pakistan
KRW 487
96.9%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 15294
2.4%
1
Brazil
KRW 14490
7.5%
2
Puerto Rico
KRW 14429
7.9%
3
Colombia
KRW 14413
8.0%
4
Ecuador
KRW 14190
9.4%
5
Guatemala
KRW 14165
9.6%
6
Costa Rica
KRW 14021
10.5%
7
Panama
KRW 13946
11.0%
8
Peru
KRW 13706
12.5%
9
Argentina
KRW 13003
17.0%
10
Chile
KRW 12909
17.6%
11
Uruguay
KRW 12830
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 15509
1.0%
1
Angola
KRW 15196
3.0%
2
Uganda
KRW 14883
5.0%
3
Ghana
KRW 14805
5.5%
4
Zambia
KRW 14726
6.0%
5
Morocco
KRW 14610
6.7%
6
Ivory Coast
KRW 14491
7.5%
7
Cameroon
KRW 13218
15.6%
8
Nigeria
KRW 13040
16.8%
9
Senegal
KRW 12262
21.7%
10
Mozambique
KRW 1812
88.4%
11
Kenya
KRW 15666
292.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 15666
0.0%
1
Saudi Arabia
KRW 15668
0.0%
2
United Arab Emirates
KRW 14883
5.0%
3
Qatar
KRW 14881
5.0%
4
Lebanon
KRW 14569
7.0%
5
Oman
KRW 14406
7.9%
6
Bahrain
KRW 14416
8.1%
7
Kuwait
KRW 13924
11.1%
8
Israel
KRW 13604
13.2%
9
Turkey
KRW 13197
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.