Income tax calculator South Korea

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
191 원
Income Tax
- 2.37 원
Local Tax
- 0.24 원
National Pension
- 8.60 원
National Health Insurance
- 7.49 원
Employment Insurance
- 1.72 원
Total tax
- 20.42 원
Net pay
* 171 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
171 원
Net pay
36.53 원
Tax the employer pays
20.42 원
Tax you pay
Total tax paid
56.95 원
Did you know your employer also pays tax on your salary? It costs the employer 36.53 원 to pay you 191 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
191 원 yearly is how much per hour?
0.09 원 hourly is how much per year?
Summary
If you make 191 원 a year living in South Korea, you will be taxed 20.42 원. That means that your net pay will be 171 원 per year, or 14.22 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.
Tax per income
500 원
1,000 원
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
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 192
0.0%
1
USA
KRW 169
7.7%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 187
2.5%
1
Puerto Rico
KRW 183
7.1%
2
Brazil
KRW 176
7.7%
3
Panama
KRW 169
7.7%
4
Ecuador
KRW 169
7.7%
5
Colombia
KRW 176
8.0%
6
Guatemala
KRW 173
9.5%
7
Costa Rica
KRW 171
10.5%
8
Peru
KRW 168
11.8%
9
Argentina
KRW 159
17.0%
10
Chile
KRW 157
17.6%
11
Uruguay
KRW 156
18.2%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 189
0.8%
1
Angola
KRW 185
3.0%
2
Morocco
KRW 179
6.7%
3
Nigeria
KRW 163
14.4%
4
Cameroon
KRW 161
15.6%
5
Kenya
KRW 191
4,666.7%
6
Uganda
KRW 181
5.0%
7
Ghana
KRW 181
5.4%
8
Zambia
KRW 180
6.0%
9
Ivory Coast
KRW 177
7.5%
10
Senegal
KRW 191
219.9%
11
Mozambique
KRW 191
937.8%
12
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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.