Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
98,184 원
Income Tax
- 1,218 원
Local Tax
- 122 원
National Pension
- 4,418 원
National Health Insurance
- 3,853 원
Employment Insurance
- 884 원
Total tax
- 10,495 원
Net pay
* 87,689 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
87,689 원
Net pay
18,777 원
Tax the employer pays
10,495 원
Tax you pay
Total tax paid
29,271 원
Did you know your employer also pays tax on your salary? It costs the employer 18,777 원 to pay you 98,184 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 98,184 원 a year living in South Korea, you will be taxed 10,495 원. That means that your net pay will be 87,689 원 per year, or 7,307 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
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
KRW 98180
0.0%
1
Germany
KRW 98187
0.0%
2
Austria
KRW 98187
0.0%
3
Ireland
KRW 98187
0.0%
4
Sweden
KRW 98184
0.0%
5
Norway
KRW 98184
0.0%
6
Spain
KRW 91964
6.4%
7
Italy
KRW 89167
9.2%
8
France
KRW 88658
9.7%
9
Czech Republic
KRW 87384
11.0%
10
Luxembourg
KRW 87342
11.1%
11
Russia
KRW 85420
13.0%
12
Hungary
KRW 80020
18.5%
13
Ukraine
KRW 79038
19.5%
14
Poland
KRW 77096
21.5%
15
Greece
KRW 76737
21.9%
16
Portugal
KRW 73102
25.6%
17
Finland
KRW 67986
30.8%
18
Belgium
KRW 66759
32.0%
19
Netherlands
KRW 61569
37.3%
20
Romania
KRW 57439
41.5%
21
Switzerland
KRW 52602
46.4%
22
Denmark
KRW 0
100.0%
23
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North America
Country 
Net pay
Average tax
Rank
Canada
KRW 96628
1.6%
1
USA
KRW 89674
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 98180
0.0%
1
Singapore
KRW 98181
0.0%
2
Hong Kong
KRW 98185
0.0%
3
Thailand
KRW 93275
5.0%
4
Indonesia
KRW 89544
8.8%
5
Taiwan
KRW 89494
8.9%
6
South Korea
KRW 87689
10.7%
7
New Zealand
KRW 86513
11.9%
8
India
KRW 86408
12.0%
9
China
KRW 85237
13.2%
10
Vietnam
KRW 83481
15.0%
11
Pakistan
KRW 83005
15.5%
12
Japan
KRW 79783
18.7%
13
Malaysia
KRW 79379
19.2%
14
Kazakhstan
KRW 77762
20.8%
15
Philippines
KRW 47003
52.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 95852
2.4%
1
Brazil
KRW 90821
7.5%
2
Puerto Rico
KRW 90378
8.0%
3
Colombia
KRW 90329
8.0%
4
Ecuador
KRW 88900
9.5%
5
Guatemala
KRW 88770
9.6%
6
Costa Rica
KRW 87875
10.5%
7
Panama
KRW 87385
11.0%
8
Peru
KRW 85909
12.5%
9
Argentina
KRW 81493
17.0%
10
Chile
KRW 80904
17.6%
11
Uruguay
KRW 80413
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 97202
1.0%
1
Uganda
KRW 93275
5.0%
2
Ghana
KRW 92784
5.5%
3
Angola
KRW 92664
5.6%
4
Zambia
KRW 92293
6.0%
5
Morocco
KRW 91566
6.7%
6
Ivory Coast
KRW 90820
7.5%
7
Senegal
KRW 87683
10.7%
8
Cameroon
KRW 82840
15.6%
9
Nigeria
KRW 81723
16.8%
10
Mozambique
KRW 73603
25.0%
11
Kenya
KRW 52396
46.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 98184
0.0%
1
Saudi Arabia
KRW 98184
0.0%
2
United Arab Emirates
KRW 93273
5.0%
3
Qatar
KRW 93274
5.0%
4
Lebanon
KRW 91311
7.0%
5
Bahrain
KRW 90342
8.0%
6
Oman
KRW 90314
8.0%
7
Kuwait
KRW 87390
11.0%
8
Israel
KRW 85271
13.2%
9
Turkey
KRW 82711
15.8%
10
Show more
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.