Income tax calculator South Korea

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
80,990 원
Income Tax
- 1,005 원
Local Tax
- 100 원
National Pension
- 3,645 원
National Health Insurance
- 3,178 원
Employment Insurance
- 729 원
Total tax
- 8,657 원
Net pay
* 72,333 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
72,333 원
Net pay
15,489 원
Tax the employer pays
8,657 원
Tax you pay
Total tax paid
24,145 원
Did you know your employer also pays tax on your salary? It costs the employer 15,489 원 to pay you 80,990 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
80,990 원 yearly is how much per hour?
38.94 원 hourly is how much per year?
Summary
If you make 80,990 원 a year living in South Korea, you will be taxed 8,657 원. That means that your net pay will be 72,333 원 per year, or 6,028 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
80,500 원
81,000 원
81,500 원
82,000 원
82,500 원
83,000 원
83,500 원
84,000 원
84,500 원
85,000 원
85,500 원
86,000 원
86,500 원
87,000 원
87,500 원
88,000 원
88,500 원
89,000 원
89,500 원
90,000 원
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 79709
1.6%
1
USA
KRW 73963
8.7%
2
Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 80180
1.0%
1
Angola
KRW 77910
3.8%
2
Uganda
KRW 76940
5.0%
3
Ghana
KRW 76535
5.5%
4
Zambia
KRW 76131
6.0%
5
Morocco
KRW 75531
6.7%
6
Ivory Coast
KRW 74916
7.5%
7
Senegal
KRW 71968
11.1%
8
Cameroon
KRW 68333
15.6%
9
Nigeria
KRW 67412
16.8%
10
Mozambique
KRW 58644
27.6%
11
Kenya
KRW 35202
56.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 80990
0.0%
1
Saudi Arabia
KRW 80992
0.0%
2
United Arab Emirates
KRW 76938
5.0%
3
Qatar
KRW 76942
5.0%
4
Lebanon
KRW 75321
7.0%
5
Bahrain
KRW 74507
8.0%
6
Oman
KRW 74518
8.0%
7
Kuwait
KRW 72092
11.0%
8
Israel
KRW 70338
13.2%
9
Turkey
KRW 68227
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.