Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
8,769 원
Income Tax
- 109 원
Local Tax
- 10.88 원
National Pension
- 395 원
National Health Insurance
- 344 원
Employment Insurance
- 78.92 원
Total tax
- 937 원
Net pay
* 7,832 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
7,832 원
Net pay
1,677 원
Tax the employer pays
937 원
Tax you pay
Total tax paid
2,614 원
Did you know your employer also pays tax on your salary? It costs the employer 1,677 원 to pay you 8,769 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 8,769 원 a year living in South Korea, you will be taxed 937 원. That means that your net pay will be 7,832 원 per year, or 653 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
Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 8769
0.0%
1
Saudi Arabia
KRW 8769
0.0%
2
United Arab Emirates
KRW 8332
5.0%
3
Qatar
KRW 8332
5.0%
4
Lebanon
KRW 8155
7.0%
5
Oman
KRW 8081
7.9%
6
Bahrain
KRW 8067
8.1%
7
Kuwait
KRW 7786
11.0%
8
Israel
KRW 7615
13.1%
9
Turkey
KRW 7387
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.