Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,596 원
Income Tax
- 19.80 원
Local Tax
- 1.98 원
National Pension
- 71.82 원
National Health Insurance
- 62.63 원
Employment Insurance
- 14.36 원
Total tax
- 171 원
Net pay
* 1,425 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
1,425 원
Net pay
305 원
Tax the employer pays
171 원
Tax you pay
Total tax paid
476 원
Did you know your employer also pays tax on your salary? It costs the employer 305 원 to pay you 1,596 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 82,992 원 a year living in South Korea, you will be taxed 8,871 원. That means that your net pay will be 74,121 원 per year, or 6,177 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 10.68 원, hence, your net pay will only increase by 89.32 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.
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
KRW 82999
0.0%
1
Germany
KRW 82989
0.0%
2
Austria
KRW 82989
0.0%
3
Ireland
KRW 82989
0.0%
4
Sweden
KRW 82992
0.0%
5
Norway
KRW 82992
0.0%
6
Spain
KRW 77724
6.4%
7
Italy
KRW 75375
9.2%
8
France
KRW 74942
9.7%
9
Czech Republic
KRW 73863
11.0%
10
Luxembourg
KRW 73835
11.1%
11
Russia
KRW 72203
13.0%
12
Hungary
KRW 67638
18.5%
13
Ukraine
KRW 66809
19.5%
14
Poland
KRW 65168
21.5%
15
Greece
KRW 64860
21.9%
16
Portugal
KRW 61793
25.6%
17
Finland
KRW 57470
30.8%
18
Belgium
KRW 56438
32.0%
19
Netherlands
KRW 51696
37.7%
20
Romania
KRW 48550
41.5%
21
Switzerland
KRW 38168
54.0%
22
Denmark
KRW 0
100.0%
23
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North America
Country 
Net pay
Average tax
Rank
Canada
KRW 81675
1.6%
1
USA
KRW 75793
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 82991
0.0%
1
Singapore
KRW 82992
0.0%
2
Hong Kong
KRW 82991
0.0%
3
Thailand
KRW 78842
5.0%
4
Indonesia
KRW 75689
8.8%
5
Taiwan
KRW 75646
8.9%
6
South Korea
KRW 74121
10.7%
7
New Zealand
KRW 73128
11.9%
8
India
KRW 73039
12.0%
9
China
KRW 72049
13.2%
10
Vietnam
KRW 70564
15.0%
11
Malaysia
KRW 67834
18.3%
12
Pakistan
KRW 67813
18.3%
13
Japan
KRW 67438
18.7%
14
Kazakhstan
KRW 65730
20.8%
15
Philippines
KRW 33980
59.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 81021
2.4%
1
Brazil
KRW 76768
7.5%
2
Puerto Rico
KRW 76385
8.0%
3
Colombia
KRW 76353
8.0%
4
Ecuador
KRW 75146
9.5%
5
Guatemala
KRW 75035
9.6%
6
Costa Rica
KRW 74278
10.5%
7
Panama
KRW 73861
11.0%
8
Peru
KRW 72618
12.5%
9
Argentina
KRW 68883
17.0%
10
Chile
KRW 68385
17.6%
11
Uruguay
KRW 67970
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 82162
1.0%
1
Angola
KRW 79628
4.1%
2
Uganda
KRW 78842
5.0%
3
Ghana
KRW 78428
5.5%
4
Zambia
KRW 78013
6.0%
5
Morocco
KRW 77398
6.7%
6
Ivory Coast
KRW 76768
7.5%
7
Senegal
KRW 73798
11.1%
8
Cameroon
KRW 70022
15.6%
9
Nigeria
KRW 69078
16.8%
10
Mozambique
KRW 60386
27.2%
11
Kenya
KRW 37204
55.2%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 82992
0.0%
1
Saudi Arabia
KRW 82993
0.0%
2
United Arab Emirates
KRW 78839
5.0%
3
Qatar
KRW 78843
5.0%
4
Lebanon
KRW 77183
7.0%
5
Bahrain
KRW 76337
8.0%
6
Oman
KRW 76346
8.0%
7
Kuwait
KRW 73879
11.0%
8
Israel
KRW 72079
13.2%
9
Turkey
KRW 69913
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.