Income tax calculator South Korea

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
3,415 원
Income Tax
- 42.37 원
Local Tax
- 4.24 원
National Pension
- 154 원
National Health Insurance
- 134 원
Employment Insurance
- 30.74 원
Total tax
- 365 원
Net pay
* 3,050 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
3,050 원
Net pay
653 원
Tax the employer pays
365 원
Tax you pay
Total tax paid
1,018 원
Did you know your employer also pays tax on your salary? It costs the employer 653 원 to pay you 3,415 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
3,415 원 yearly is how much per hour?
1.64 원 hourly is how much per year?
Summary
If you make 3,415 원 a year living in South Korea, you will be taxed 365 원. That means that your net pay will be 3,050 원 per year, or 254 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
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 3358
1.8%
1
USA
KRW 3111
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 3417
0.0%
1
Singapore
KRW 3419
0.0%
2
Hong Kong
KRW 3415
0.0%
3
Thailand
KRW 3244
5.0%
4
Indonesia
KRW 3114
8.8%
5
Taiwan
KRW 3113
8.9%
6
South Korea
KRW 3050
10.7%
7
India
KRW 3006
12.0%
8
New Zealand
KRW 3005
12.0%
9
China
KRW 2965
13.2%
10
Vietnam
KRW 2904
15.0%
11
Malaysia
KRW 2843
16.7%
12
Japan
KRW 2775
18.7%
13
Kazakhstan
KRW 2705
20.8%
14
Philippines
KRW 1398
59.1%
15
Pakistan
KRW 3415
444.5%
16
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Africa
Country 
Net pay
Average tax
Rank
Kenya
KRW 3415
1,340.8%
1
South Africa
KRW 3381
1.0%
2
Angola
KRW 3313
3.0%
3
Uganda
KRW 3244
5.0%
4
Ghana
KRW 3227
5.5%
5
Zambia
KRW 3210
6.0%
6
Morocco
KRW 3185
6.7%
7
Ivory Coast
KRW 3159
7.5%
8
Cameroon
KRW 2881
15.6%
9
Nigeria
KRW 2844
16.7%
10
Senegal
KRW 1065
68.8%
11
Mozambique
KRW 3415
359.0%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 3415
0.0%
1
Saudi Arabia
KRW 3414
0.0%
2
Qatar
KRW 3244
5.0%
3
United Arab Emirates
KRW 3242
5.1%
4
Lebanon
KRW 3176
7.0%
5
Oman
KRW 3145
7.5%
6
Bahrain
KRW 3137
7.7%
7
Kuwait
KRW 3023
10.8%
8
Israel
KRW 2965
13.2%
9
Turkey
KRW 2877
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.