Income tax calculator South Korea

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
3,158 원
Income Tax
- 39.18 원
Local Tax
- 3.92 원
National Pension
- 142 원
National Health Insurance
- 124 원
Employment Insurance
- 28.42 원
Total tax
- 338 원
Net pay
* 2,820 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
2,820 원
Net pay
604 원
Tax the employer pays
338 원
Tax you pay
Total tax paid
941 원
Did you know your employer also pays tax on your salary? It costs the employer 604 원 to pay you 3,158 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
3,158 원 yearly is how much per hour?
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Summary
If you make 3,158 원 a year living in South Korea, you will be taxed 338 원. That means that your net pay will be 2,820 원 per year, or 235 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.
Tax per income
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
12,500 원
13,000 원
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 3106
1.6%
1
USA
KRW 2886
8.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 3159
0.0%
1
Singapore
KRW 3156
0.0%
2
Hong Kong
KRW 3158
0.0%
3
Thailand
KRW 3000
5.0%
4
Indonesia
KRW 2880
8.8%
5
Taiwan
KRW 2878
8.9%
6
South Korea
KRW 2820
10.7%
7
New Zealand
KRW 2779
11.9%
8
India
KRW 2780
12.0%
9
China
KRW 2742
13.2%
10
Vietnam
KRW 2685
15.0%
11
Malaysia
KRW 2586
18.1%
12
Japan
KRW 2566
18.7%
13
Kazakhstan
KRW 2501
20.8%
14
Philippines
KRW 1293
59.1%
15
Pakistan
KRW 3158
480.7%
16
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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.