Income tax calculator South Korea

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
9,360 원
Income Tax
- 116 원
Local Tax
- 11.61 원
National Pension
- 421 원
National Health Insurance
- 367 원
Employment Insurance
- 84.24 원
Total tax
- 1,000 원
Net pay
* 8,360 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
8,360 원
Net pay
1,790 원
Tax the employer pays
1,000 원
Tax you pay
Total tax paid
2,790 원
Did you know your employer also pays tax on your salary? It costs the employer 1,790 원 to pay you 9,360 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
9,360 원 yearly is how much per hour?
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Summary
If you make 9,360 원 a year living in South Korea, you will be taxed 1,000 원. That means that your net pay will be 8,360 원 per year, or 697 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
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
15,500 원
16,000 원
16,500 원
17,000 원
17,500 원
18,000 원
18,500 원
19,000 원
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 9206
1.6%
1
USA
KRW 8545
8.7%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 9138
2.4%
1
Brazil
KRW 8659
7.5%
2
Puerto Rico
KRW 8630
7.8%
3
Colombia
KRW 8611
8.0%
4
Ecuador
KRW 8475
9.5%
5
Guatemala
KRW 8463
9.6%
6
Costa Rica
KRW 8377
10.5%
7
Panama
KRW 8336
11.0%
8
Peru
KRW 8191
12.5%
9
Argentina
KRW 7769
17.0%
10
Chile
KRW 7713
17.6%
11
Uruguay
KRW 7666
18.1%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 9360
0.0%
1
Saudi Arabia
KRW 9361
0.0%
2
Qatar
KRW 8891
5.0%
3
United Arab Emirates
KRW 8892
5.0%
4
Lebanon
KRW 8705
7.0%
5
Oman
KRW 8629
7.8%
6
Bahrain
KRW 8627
8.0%
7
Kuwait
KRW 8336
10.8%
8
Israel
KRW 8129
13.2%
9
Turkey
KRW 7885
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.