Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
6,021 원
Income Tax
- 74.69 원
Local Tax
- 7.47 원
National Pension
- 271 원
National Health Insurance
- 236 원
Employment Insurance
- 54.19 원
Total tax
- 644 원
Net pay
* 5,377 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
5,377 원
Net pay
1,151 원
Tax the employer pays
644 원
Tax you pay
Total tax paid
1,795 원
Did you know your employer also pays tax on your salary? It costs the employer 1,151 원 to pay you 6,021 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 6,021 원 a year living in South Korea, you will be taxed 644 원. That means that your net pay will be 5,377 원 per year, or 448 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 6029
0.0%
1
Germany
KRW 6028
0.0%
2
Austria
KRW 6028
0.0%
3
Ireland
KRW 6028
0.0%
4
Sweden
KRW 6021
0.0%
5
Norway
KRW 6021
0.0%
6
Spain
KRW 5639
6.2%
7
Italy
KRW 5475
9.2%
8
France
KRW 5445
9.7%
9
Luxembourg
KRW 5355
11.0%
10
Czech Republic
KRW 5358
11.0%
11
Russia
KRW 5238
13.0%
12
Hungary
KRW 4907
18.5%
13
Ukraine
KRW 4847
19.5%
14
Poland
KRW 4727
21.5%
15
Greece
KRW 4697
21.9%
16
Portugal
KRW 4488
25.6%
17
Finland
KRW 4173
30.8%
18
Netherlands
KRW 4114
31.6%
19
Belgium
KRW 4099
32.0%
20
Romania
KRW 3505
41.8%
21
Denmark
KRW 0
100.0%
22
Switzerland
KRW 6013
638.9%
23
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North America
Country 
Net pay
Average tax
Rank
Canada
KRW 5919
1.7%
1
USA
KRW 5490
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 6024
0.0%
1
Singapore
KRW 6017
0.0%
2
Hong Kong
KRW 6020
0.0%
3
Thailand
KRW 5720
5.0%
4
Indonesia
KRW 5491
8.8%
5
Taiwan
KRW 5488
8.9%
6
Malaysia
KRW 5451
9.5%
7
South Korea
KRW 5377
10.7%
8
New Zealand
KRW 5307
11.9%
9
India
KRW 5300
12.0%
10
China
KRW 5226
13.2%
11
Vietnam
KRW 5119
15.0%
12
Japan
KRW 4893
18.7%
13
Kazakhstan
KRW 4769
20.8%
14
Philippines
KRW 2465
59.1%
15
Pakistan
KRW 6021
252.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 5878
2.4%
1
Brazil
KRW 5570
7.5%
2
Puerto Rico
KRW 5547
7.7%
3
Colombia
KRW 5539
8.0%
4
Ecuador
KRW 5448
9.4%
5
Guatemala
KRW 5444
9.6%
6
Costa Rica
KRW 5389
10.5%
7
Panama
KRW 5356
11.0%
8
Peru
KRW 5268
12.5%
9
Argentina
KRW 4997
17.0%
10
Chile
KRW 4961
17.6%
11
Uruguay
KRW 4931
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 5961
1.0%
1
Angola
KRW 5840
3.0%
2
Uganda
KRW 5720
5.0%
3
Ghana
KRW 5690
5.5%
4
Zambia
KRW 5660
6.0%
5
Morocco
KRW 5615
6.7%
6
Ivory Coast
KRW 5569
7.5%
7
Cameroon
KRW 5080
15.6%
8
Nigeria
KRW 5012
16.8%
9
Senegal
KRW 3447
42.8%
10
Mozambique
KRW 6021
209.3%
11
Kenya
KRW 6021
760.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 6021
0.0%
1
Saudi Arabia
KRW 6022
0.0%
2
Qatar
KRW 5720
5.0%
3
United Arab Emirates
KRW 5718
5.0%
4
Lebanon
KRW 5600
7.0%
5
Oman
KRW 5521
7.9%
6
Bahrain
KRW 5527
8.1%
7
Kuwait
KRW 5359
10.7%
8
Israel
KRW 5228
13.2%
9
Turkey
KRW 5072
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.