Income tax calculator South Korea

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
925 원
Income Tax
- 11.48 원
Local Tax
- 1.15 원
National Pension
- 41.63 원
National Health Insurance
- 36.30 원
Employment Insurance
- 8.33 원
Total tax
- 98.87 원
Net pay
* 826 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
826 원
Net pay
177 원
Tax the employer pays
98.87 원
Tax you pay
Total tax paid
276 원
Did you know your employer also pays tax on your salary? It costs the employer 177 원 to pay you 925 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
925 원 yearly is how much per hour?
0.44 원 hourly is how much per year?
Summary
If you make 925 원 a year living in South Korea, you will be taxed 98.87 원. That means that your net pay will be 826 원 per year, or 68.84 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
500 원
1,000 원
1,500 원
2,000 원
2,500 원
3,000 원
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
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 907
2.2%
1
USA
KRW 845
9.1%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 903
2.4%
1
Brazil
KRW 856
7.4%
2
Puerto Rico
KRW 859
7.6%
3
Colombia
KRW 851
8.0%
4
Ecuador
KRW 831
9.2%
5
Guatemala
KRW 837
9.6%
6
Costa Rica
KRW 828
10.5%
7
Panama
KRW 829
10.6%
8
Peru
KRW 810
12.5%
9
Argentina
KRW 768
17.0%
10
Chile
KRW 762
17.6%
11
Uruguay
KRW 757
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 916
1.0%
1
Angola
KRW 897
3.0%
2
Morocco
KRW 863
6.7%
3
Cameroon
KRW 780
15.6%
4
Nigeria
KRW 774
16.3%
5
Kenya
KRW 925
4,666.6%
6
Uganda
KRW 879
5.0%
7
Ghana
KRW 874
5.5%
8
Zambia
KRW 870
6.0%
9
Ivory Coast
KRW 856
7.5%
10
Senegal
KRW 925
219.9%
11
Mozambique
KRW 925
937.8%
12
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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.