Income tax calculator South Korea

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,385 원
Income Tax
- 17.18 원
Local Tax
- 1.72 원
National Pension
- 62.33 원
National Health Insurance
- 54.35 원
Employment Insurance
- 12.47 원
Total tax
- 148 원
Net pay
* 1,237 원
Marginal tax rate
10.7%
Average tax rate
10.7%
89.3%
Net pay
10.7%
Total tax
Total tax
Net pay
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Summary
If you make 72,020 원 a year living in South Korea, you will be taxed 7,698 원. That means that your net pay will be 64,322 원 per year, or 5,360 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.
Tax per income
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
10,500 원
11,000 원
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 70876
1.6%
1
USA
KRW 65770
8.7%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 70310
2.4%
1
Brazil
KRW 66617
7.5%
2
Puerto Rico
KRW 66291
8.0%
3
Colombia
KRW 66258
8.0%
4
Ecuador
KRW 65207
9.4%
5
Guatemala
KRW 65114
9.6%
6
Costa Rica
KRW 64458
10.5%
7
Panama
KRW 64091
11.0%
8
Peru
KRW 63019
12.5%
9
Argentina
KRW 59777
17.0%
10
Chile
KRW 59344
17.6%
11
Uruguay
KRW 58984
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 71299
1.0%
1
Angola
KRW 69859
3.0%
2
Uganda
KRW 68419
5.0%
3
Ghana
KRW 68058
5.5%
4
Zambia
KRW 67699
6.0%
5
Morocco
KRW 67165
6.7%
6
Ivory Coast
KRW 66618
7.5%
7
Senegal
KRW 63770
11.5%
8
Cameroon
KRW 60765
15.6%
9
Nigeria
KRW 59946
16.8%
10
Mozambique
KRW 50840
29.4%
11
Kenya
KRW 26232
63.6%
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.