Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
15,108 원
Income Tax
- 187 원
Local Tax
- 18.74 원
National Pension
- 680 원
National Health Insurance
- 593 원
Employment Insurance
- 136 원
Total tax
- 1,615 원
Net pay
* 13,493 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
13,493 원
Net pay
2,889 원
Tax the employer pays
1,615 원
Tax you pay
Total tax paid
4,504 원
Did you know your employer also pays tax on your salary? It costs the employer 2,889 원 to pay you 15,108 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 15,108 원 a year living in South Korea, you will be taxed 1,615 원. That means that your net pay will be 13,493 원 per year, or 1,124 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 15109
0.0%
1
Germany
KRW 15108
0.0%
2
Austria
KRW 15108
0.0%
3
Ireland
KRW 15108
0.0%
4
Sweden
KRW 15108
0.0%
5
Norway
KRW 15108
0.0%
6
Spain
KRW 14151
6.3%
7
Italy
KRW 13717
9.2%
8
France
KRW 13642
9.7%
9
Czech Republic
KRW 13446
11.0%
10
Luxembourg
KRW 13433
11.1%
11
Russia
KRW 13144
13.0%
12
Hungary
KRW 12313
18.5%
13
Ukraine
KRW 12162
19.5%
14
Poland
KRW 11863
21.5%
15
Greece
KRW 11802
21.9%
16
Portugal
KRW 11249
25.5%
17
Finland
KRW 10456
30.8%
18
Belgium
KRW 10276
32.0%
19
Netherlands
KRW 9379
37.9%
20
Romania
KRW 8835
41.5%
21
Denmark
KRW 0
100.0%
22
Switzerland
KRW 15104
257.9%
23
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North America
Country 
Net pay
Average tax
Rank
Canada
KRW 14863
1.6%
1
USA
KRW 13796
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 15106
0.0%
1
Singapore
KRW 15105
0.0%
2
Hong Kong
KRW 15108
0.0%
3
Malaysia
KRW 14538
3.8%
4
Thailand
KRW 14352
5.0%
5
Indonesia
KRW 13778
8.8%
6
Taiwan
KRW 13771
8.9%
7
South Korea
KRW 13493
10.7%
8
New Zealand
KRW 13310
11.9%
9
India
KRW 13301
12.0%
10
China
KRW 13116
13.2%
11
Vietnam
KRW 12846
15.0%
12
Japan
KRW 12277
18.7%
13
Kazakhstan
KRW 11966
20.8%
14
Philippines
KRW 6186
59.1%
15
Pakistan
KRW 15108
100.5%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 14749
2.4%
1
Brazil
KRW 13974
7.5%
2
Puerto Rico
KRW 13909
7.9%
3
Colombia
KRW 13899
8.0%
4
Ecuador
KRW 13683
9.4%
5
Guatemala
KRW 13659
9.6%
6
Costa Rica
KRW 13522
10.5%
7
Panama
KRW 13440
11.0%
8
Peru
KRW 13221
12.5%
9
Argentina
KRW 12540
17.0%
10
Chile
KRW 12449
17.6%
11
Uruguay
KRW 12373
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 14957
1.0%
1
Angola
KRW 14655
3.0%
2
Uganda
KRW 14353
5.0%
3
Ghana
KRW 14277
5.5%
4
Zambia
KRW 14201
6.0%
5
Morocco
KRW 14090
6.7%
6
Ivory Coast
KRW 13975
7.5%
7
Cameroon
KRW 12747
15.6%
8
Nigeria
KRW 12575
16.8%
9
Senegal
KRW 11752
22.2%
10
Mozambique
KRW 1327
91.2%
11
Kenya
KRW 15108
303.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 15108
0.0%
1
Saudi Arabia
KRW 15109
0.0%
2
United Arab Emirates
KRW 14354
5.0%
3
Qatar
KRW 14353
5.0%
4
Lebanon
KRW 14050
7.0%
5
Bahrain
KRW 13893
7.9%
6
Oman
KRW 13894
8.0%
7
Kuwait
KRW 13466
10.9%
8
Israel
KRW 13120
13.1%
9
Turkey
KRW 12727
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.