Income tax calculator South Korea

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
2,683 원
Income Tax
- 33.28 원
Local Tax
- 3.33 원
National Pension
- 121 원
National Health Insurance
- 105 원
Employment Insurance
- 24.15 원
Total tax
- 287 원
Net pay
* 2,396 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
2,396 원
Net pay
513 원
Tax the employer pays
287 원
Tax you pay
Total tax paid
800 원
Did you know your employer also pays tax on your salary? It costs the employer 513 원 to pay you 2,683 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
2,683 원 yearly is how much per hour?
1.29 원 hourly is how much per year?
Summary
If you make 2,683 원 a year living in South Korea, you will be taxed 287 원. That means that your net pay will be 2,396 원 per year, or 200 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
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
10,500 원
11,000 원
11,500 원
12,000 원
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 2632
1.9%
1
USA
KRW 2449
8.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 2680
0.0%
1
Singapore
KRW 2682
0.0%
2
Hong Kong
KRW 2684
0.0%
3
Thailand
KRW 2549
5.0%
4
Indonesia
KRW 2447
8.8%
5
Taiwan
KRW 2445
8.9%
6
South Korea
KRW 2396
10.7%
7
New Zealand
KRW 2361
11.9%
8
India
KRW 2362
12.0%
9
China
KRW 2329
13.2%
10
Vietnam
KRW 2281
15.0%
11
Japan
KRW 2180
18.7%
12
Kazakhstan
KRW 2125
20.8%
13
Malaysia
KRW 2113
21.3%
14
Philippines
KRW 1099
59.1%
15
Pakistan
KRW 2683
565.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 2619
2.4%
1
Puerto Rico
KRW 2478
7.4%
2
Brazil
KRW 2483
7.5%
3
Colombia
KRW 2468
8.0%
4
Ecuador
KRW 2435
9.4%
5
Guatemala
KRW 2426
9.6%
6
Costa Rica
KRW 2401
10.5%
7
Panama
KRW 2390
11.0%
8
Peru
KRW 2348
12.5%
9
Argentina
KRW 2227
17.0%
10
Chile
KRW 2211
17.6%
11
Uruguay
KRW 2198
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 2656
1.0%
1
Kenya
KRW 2683
1,706.6%
2
Angola
KRW 2603
3.0%
3
Uganda
KRW 2549
5.0%
4
Ghana
KRW 2536
5.5%
5
Zambia
KRW 2522
6.0%
6
Morocco
KRW 2502
6.8%
7
Ivory Coast
KRW 2482
7.5%
8
Cameroon
KRW 2264
15.6%
9
Nigeria
KRW 2236
16.7%
10
Senegal
KRW 396
85.3%
11
Mozambique
KRW 2683
453.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 2683
0.0%
1
Saudi Arabia
KRW 2683
0.0%
2
United Arab Emirates
KRW 2549
5.0%
3
Qatar
KRW 2550
5.0%
4
Lebanon
KRW 2495
7.0%
5
Oman
KRW 2486
8.1%
6
Bahrain
KRW 2465
8.3%
7
Kuwait
KRW 2382
10.3%
8
Israel
KRW 2331
13.2%
9
Turkey
KRW 2260
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.