Income tax calculator South Korea

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
31,500 원
Income Tax
- 391 원
Local Tax
- 39.08 원
National Pension
- 1,418 원
National Health Insurance
- 1,236 원
Employment Insurance
- 284 원
Total tax
- 3,367 원
Net pay
* 28,133 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
28,133 원
Net pay
6,024 원
Tax the employer pays
3,367 원
Tax you pay
Total tax paid
9,391 원
Did you know your employer also pays tax on your salary? It costs the employer 6,024 원 to pay you 31,500 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
1,638,000 원 yearly is how much per hour?
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Summary
If you make 1,638,000 원 a year living in South Korea, you will be taxed 175,080 원. That means that your net pay will be 1,462,920 원 per year, or 121,910 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
31,500 원
32,000 원
32,500 원
33,000 원
33,500 원
34,000 원
34,500 원
35,000 원
35,500 원
36,000 원
36,500 원
37,000 원
37,500 원
38,000 원
38,500 원
39,000 원
39,500 원
40,000 원
40,500 원
41,000 원
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 1547757
5.5%
1
USA
KRW 1496131
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 1637996
0.0%
1
Singapore
KRW 1638000
0.0%
2
Hong Kong
KRW 1638000
0.0%
3
Pakistan
KRW 1622821
0.9%
4
Thailand
KRW 1556100
5.0%
5
Philippines
KRW 1513070
7.6%
6
Indonesia
KRW 1499505
8.5%
7
Taiwan
KRW 1493021
8.9%
8
South Korea
KRW 1462920
10.7%
9
New Zealand
KRW 1443240
11.9%
10
India
KRW 1441440
12.0%
11
Malaysia
KRW 1437790
12.2%
12
China
KRW 1422030
13.2%
13
Vietnam
KRW 1392709
15.0%
14
Japan
KRW 1331016
18.7%
15
Kazakhstan
KRW 1297296
20.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 1599098
2.4%
1
Brazil
KRW 1515151
7.5%
2
Puerto Rico
KRW 1507773
8.0%
3
Colombia
KRW 1506960
8.0%
4
Ecuador
KRW 1483208
9.5%
5
Guatemala
KRW 1480940
9.6%
6
Costa Rica
KRW 1466010
10.5%
7
Panama
KRW 1457824
11.0%
8
Peru
KRW 1433251
12.5%
9
Argentina
KRW 1359540
17.0%
10
Chile
KRW 1349712
17.6%
11
Uruguay
KRW 1341522
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 1621620
1.0%
1
Zambia
KRW 1539720
6.0%
2
Morocco
KRW 1527598
6.7%
3
Uganda
KRW 1482269
9.5%
4
Ivory Coast
KRW 1473300
10.1%
5
Kenya
KRW 1430702
12.7%
6
Senegal
KRW 1421587
13.2%
7
Cameroon
KRW 1382013
15.6%
8
Mozambique
KRW 1377606
15.9%
9
Ghana
KRW 1367184
16.5%
10
Angola
KRW 1289604
21.3%
11
Nigeria
KRW 1252147
23.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
KRW 1637999
0.0%
1
United Arab Emirates
KRW 1556097
5.0%
2
Qatar
KRW 1556099
5.0%
3
Bahrain
KRW 1506950
8.0%
4
Oman
KRW 1506956
8.0%
5
Kuwait
KRW 1457831
11.0%
6
Israel
KRW 1422601
13.2%
7
Lebanon
KRW 1417473
13.5%
8
Egypt
KRW 1377829
15.9%
9
Turkey
KRW 1363475
16.8%
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.