Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
9,999 원
Income Tax
- 124 원
Local Tax
- 12.40 원
National Pension
- 450 원
National Health Insurance
- 392 원
Employment Insurance
- 89.99 원
Total tax
- 1,069 원
Net pay
* 8,930 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
8,930 원
Net pay
1,912 원
Tax the employer pays
1,069 원
Tax you pay
Total tax paid
2,981 원
Did you know your employer also pays tax on your salary? It costs the employer 1,912 원 to pay you 9,999 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 9,999 원 a year living in South Korea, you will be taxed 1,069 원. That means that your net pay will be 8,930 원 per year, or 744 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
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 9841
1.6%
1
USA
KRW 9136
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 10003
0.0%
1
Singapore
KRW 10003
0.0%
2
Hong Kong
KRW 10000
0.0%
3
Thailand
KRW 9499
5.0%
4
Malaysia
KRW 9429
5.7%
5
Indonesia
KRW 9119
8.8%
6
Taiwan
KRW 9114
8.9%
7
South Korea
KRW 8930
10.7%
8
New Zealand
KRW 8806
11.9%
9
India
KRW 8803
12.0%
10
China
KRW 8680
13.2%
11
Vietnam
KRW 8502
15.0%
12
Japan
KRW 8125
18.7%
13
Kazakhstan
KRW 7919
20.8%
14
Philippines
KRW 4094
59.1%
15
Pakistan
KRW 9999
151.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 9761
2.4%
1
Brazil
KRW 9248
7.5%
2
Puerto Rico
KRW 9207
7.9%
3
Colombia
KRW 9199
8.0%
4
Ecuador
KRW 9052
9.4%
5
Guatemala
KRW 9041
9.6%
6
Costa Rica
KRW 8949
10.5%
7
Panama
KRW 8899
11.0%
8
Peru
KRW 8748
12.5%
9
Argentina
KRW 8299
17.0%
10
Chile
KRW 8239
17.6%
11
Uruguay
KRW 8189
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 9899
1.0%
1
Angola
KRW 9699
3.0%
2
Uganda
KRW 9499
5.0%
3
Ghana
KRW 9449
5.5%
4
Zambia
KRW 9399
6.0%
5
Morocco
KRW 9325
6.8%
6
Ivory Coast
KRW 9249
7.5%
7
Cameroon
KRW 8436
15.6%
8
Nigeria
KRW 8323
16.8%
9
Senegal
KRW 7082
29.2%
10
Mozambique
KRW 9999
131.2%
11
Kenya
KRW 9999
457.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 9999
0.0%
1
Saudi Arabia
KRW 9998
0.0%
2
United Arab Emirates
KRW 9501
5.0%
3
Qatar
KRW 9501
5.0%
4
Lebanon
KRW 9299
7.0%
5
Bahrain
KRW 9187
7.9%
6
Oman
KRW 9214
8.0%
7
Kuwait
KRW 8886
11.0%
8
Israel
KRW 8684
13.1%
9
Turkey
KRW 8423
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.