Income tax calculator South Korea

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
2,688 원
Income Tax
- 33.35 원
Local Tax
- 3.33 원
National Pension
- 121 원
National Health Insurance
- 105 원
Employment Insurance
- 24.19 원
Total tax
- 287 원
Net pay
* 2,401 원
Marginal tax rate
10.7%
Average tax rate
10.7%
89.3%
Net pay
10.7%
Total tax
Total tax
Net pay
People also ask
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Summary
If you make 2,688 원 a year living in South Korea, you will be taxed 287 원. That means that your net pay will be 2,401 원 per year, or 200 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
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
11,500 원
12,000 원
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
KRW 2690
0.0%
1
Germany
KRW 2693
0.0%
2
Austria
KRW 2693
0.0%
3
Ireland
KRW 2693
0.0%
4
Sweden
KRW 2687
0.0%
5
Norway
KRW 2688
0.0%
6
Switzerland
KRW 2696
1,422.5%
7
Spain
KRW 2528
6.1%
8
Italy
KRW 2453
8.9%
9
France
KRW 2423
10.0%
10
Czech Republic
KRW 2392
11.0%
11
Luxembourg
KRW 2393
11.1%
12
Russia
KRW 2339
13.0%
13
Hungary
KRW 2191
18.5%
14
Netherlands
KRW 2184
18.9%
15
Ukraine
KRW 2164
19.5%
16
Poland
KRW 2111
21.5%
17
Greece
KRW 2094
21.8%
18
Portugal
KRW 2004
25.6%
19
Finland
KRW 1855
30.7%
20
Belgium
KRW 1825
32.2%
21
Romania
KRW 1554
42.2%
22
Denmark
KRW 0
100.0%
23
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North America
Country 
Net pay
Average tax
Rank
Canada
KRW 2642
1.9%
1
USA
KRW 2449
8.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 2690
0.0%
1
Singapore
KRW 2693
0.0%
2
Hong Kong
KRW 2687
0.0%
3
Thailand
KRW 2553
5.0%
4
Indonesia
KRW 2451
8.8%
5
Taiwan
KRW 2450
8.9%
6
South Korea
KRW 2401
10.7%
7
New Zealand
KRW 2369
11.8%
8
India
KRW 2366
12.0%
9
China
KRW 2333
13.2%
10
Vietnam
KRW 2285
15.0%
11
Japan
KRW 2184
18.7%
12
Kazakhstan
KRW 2129
20.8%
13
Malaysia
KRW 2116
21.3%
14
Philippines
KRW 1100
59.1%
15
Pakistan
KRW 2688
564.7%
16
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 2661
1.0%
1
Kenya
KRW 2688
1,703.4%
2
Angola
KRW 2607
3.0%
3
Uganda
KRW 2554
5.0%
4
Ghana
KRW 2540
5.5%
5
Zambia
KRW 2527
6.0%
6
Morocco
KRW 2507
6.8%
7
Ivory Coast
KRW 2486
7.5%
8
Cameroon
KRW 2268
15.6%
9
Nigeria
KRW 2240
16.7%
10
Senegal
KRW 400
85.1%
11
Mozambique
KRW 2688
452.6%
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.