Income tax calculator South Korea

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
91 원
Income Tax
- 1.13 원
Local Tax
- 0.11 원
National Pension
- 4.10 원
National Health Insurance
- 3.57 원
Employment Insurance
- 0.82 원
Total tax
- 9.73 원
Net pay
* 81.27 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
81.27 원
Net pay
17.40 원
Tax the employer pays
9.73 원
Tax you pay
Total tax paid
27.13 원
Did you know your employer also pays tax on your salary? It costs the employer 17.40 원 to pay you 91 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
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Summary
If you make 4,732 원 a year living in South Korea, you will be taxed 506 원. That means that your net pay will be 4,226 원 per year, or 352 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.
Compare average tax
Tax per income
500 원
1,000 원
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
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 4648
1.7%
1
USA
KRW 4322
8.6%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 4619
2.4%
1
Brazil
KRW 4376
7.5%
2
Puerto Rico
KRW 4364
7.7%
3
Colombia
KRW 4353
8.0%
4
Ecuador
KRW 4280
9.5%
5
Guatemala
KRW 4278
9.6%
6
Costa Rica
KRW 4235
10.5%
7
Panama
KRW 4217
11.0%
8
Peru
KRW 4141
12.5%
9
Argentina
KRW 3928
17.0%
10
Chile
KRW 3899
17.6%
11
Uruguay
KRW 3875
18.1%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 4732
0.0%
1
Saudi Arabia
KRW 4733
0.0%
2
Qatar
KRW 4494
5.0%
3
United Arab Emirates
KRW 4496
5.0%
4
Lebanon
KRW 4401
7.0%
5
Oman
KRW 4351
7.8%
6
Bahrain
KRW 4370
7.9%
7
Kuwait
KRW 4214
10.7%
8
Israel
KRW 4109
13.2%
9
Turkey
KRW 3986
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.