Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
222,000 원
Income Tax
- 2,754 원
Local Tax
- 275 원
National Pension
- 9,990 원
National Health Insurance
- 8,711 원
Employment Insurance
- 1,998 원
Total tax
- 23,729 원
Net pay
* 198,271 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
198,271 원
Net pay
42,455 원
Tax the employer pays
23,729 원
Tax you pay
Total tax paid
66,184 원
Did you know your employer also pays tax on your salary? It costs the employer 42,455 원 to pay you 222,000 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 222,000 원 a year living in South Korea, you will be taxed 23,729 원. That means that your net pay will be 198,271 원 per year, or 16,523 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 221992
0.0%
1
Germany
KRW 221998
0.0%
2
Austria
KRW 221998
0.0%
3
Ireland
KRW 221998
0.0%
4
Sweden
KRW 222000
0.0%
5
Norway
KRW 221999
0.0%
6
Spain
KRW 207907
6.4%
7
Italy
KRW 201594
9.2%
8
France
KRW 200472
9.7%
9
Czech Republic
KRW 197580
11.0%
10
Luxembourg
KRW 197466
11.1%
11
Russia
KRW 193140
13.0%
12
Hungary
KRW 180930
18.5%
13
Ukraine
KRW 178710
19.5%
14
Poland
KRW 174325
21.5%
15
Greece
KRW 173487
21.9%
16
Switzerland
KRW 169148
23.8%
17
Portugal
KRW 165275
25.6%
18
Finland
KRW 153742
30.8%
19
Belgium
KRW 150960
32.0%
20
Netherlands
KRW 139861
37.0%
21
Romania
KRW 129870
41.5%
22
Denmark
KRW 19055
93.0%
23
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North America
Country 
Net pay
Average tax
Rank
Canada
KRW 218495
1.6%
1
USA
KRW 202773
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 222004
0.0%
1
Singapore
KRW 221997
0.0%
2
Hong Kong
KRW 222000
0.0%
3
Thailand
KRW 210900
5.0%
4
Pakistan
KRW 206821
6.8%
5
Indonesia
KRW 202464
8.8%
6
Taiwan
KRW 202351
8.9%
7
South Korea
KRW 198271
10.7%
8
New Zealand
KRW 195602
11.9%
9
India
KRW 195360
12.0%
10
China
KRW 192729
13.2%
11
Malaysia
KRW 190518
14.2%
12
Vietnam
KRW 188755
15.0%
13
Japan
KRW 180394
18.7%
14
Kazakhstan
KRW 175824
20.8%
15
Philippines
KRW 169583
23.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 216727
2.4%
1
Brazil
KRW 205351
7.5%
2
Puerto Rico
KRW 204349
8.0%
3
Colombia
KRW 204240
8.0%
4
Ecuador
KRW 201027
9.5%
5
Guatemala
KRW 200713
9.6%
6
Costa Rica
KRW 198690
10.5%
7
Panama
KRW 197586
11.0%
8
Peru
KRW 194250
12.5%
9
Argentina
KRW 184260
17.0%
10
Chile
KRW 182928
17.6%
11
Uruguay
KRW 181818
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 219780
1.0%
1
Uganda
KRW 210900
5.0%
2
Ghana
KRW 209790
5.5%
3
Zambia
KRW 208680
6.0%
4
Morocco
KRW 207037
6.7%
5
Ivory Coast
KRW 205350
7.5%
6
Senegal
KRW 200851
9.5%
7
Angola
KRW 197151
11.2%
8
Cameroon
KRW 187306
15.6%
9
Nigeria
KRW 184782
16.8%
10
Mozambique
KRW 181323
18.3%
11
Kenya
KRW 175767
20.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 222000
0.0%
1
Saudi Arabia
KRW 222001
0.0%
2
United Arab Emirates
KRW 210900
5.0%
3
Qatar
KRW 210898
5.0%
4
Oman
KRW 204248
8.0%
5
Bahrain
KRW 204251
8.0%
6
Lebanon
KRW 204039
8.1%
7
Kuwait
KRW 197590
11.0%
8
Israel
KRW 192808
13.2%
9
Turkey
KRW 187015
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.