Income tax calculator South Korea

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
5,771 원
Income Tax
- 71.59 원
Local Tax
- 7.16 원
National Pension
- 260 원
National Health Insurance
- 226 원
Employment Insurance
- 51.94 원
Total tax
- 617 원
Net pay
* 5,154 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
5,154 원
Net pay
1,104 원
Tax the employer pays
617 원
Tax you pay
Total tax paid
1,720 원
Did you know your employer also pays tax on your salary? It costs the employer 1,104 원 to pay you 5,771 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
5,771 원 yearly is how much per hour?
2.77 원 hourly is how much per year?
Summary
If you make 5,771 원 a year living in South Korea, you will be taxed 617 원. That means that your net pay will be 5,154 원 per year, or 430 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
Tax per income
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
13,500 원
14,000 원
14,500 원
15,000 원
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 5677
1.6%
1
USA
KRW 5265
8.8%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 5634
2.4%
1
Brazil
KRW 5337
7.5%
2
Puerto Rico
KRW 5321
7.8%
3
Colombia
KRW 5309
8.0%
4
Ecuador
KRW 5223
9.5%
5
Guatemala
KRW 5218
9.6%
6
Costa Rica
KRW 5165
10.5%
7
Panama
KRW 5131
11.0%
8
Peru
KRW 5048
12.5%
9
Argentina
KRW 4790
17.0%
10
Chile
KRW 4755
17.6%
11
Uruguay
KRW 4726
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 5713
1.0%
1
Angola
KRW 5598
3.0%
2
Uganda
KRW 5482
5.0%
3
Ghana
KRW 5453
5.5%
4
Zambia
KRW 5425
6.0%
5
Morocco
KRW 5381
6.8%
6
Ivory Coast
KRW 5338
7.5%
7
Cameroon
KRW 4869
15.6%
8
Nigeria
KRW 4803
16.8%
9
Senegal
KRW 3218
44.2%
10
Mozambique
KRW 5771
217.8%
11
Kenya
KRW 5771
793.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 5771
0.0%
1
Saudi Arabia
KRW 5771
0.0%
2
United Arab Emirates
KRW 5485
5.0%
3
Qatar
KRW 5481
5.0%
4
Lebanon
KRW 5367
7.0%
5
Bahrain
KRW 5303
7.8%
6
Oman
KRW 5302
8.2%
7
Kuwait
KRW 5130
11.1%
8
Israel
KRW 5014
13.1%
9
Turkey
KRW 4861
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.