Income Tax Calculator

Calculate income tax, after-tax income and deductions

Usage Instructions

Basic Deduction: ¥5,000 per month (¥60,000 annually)

Social Insurance & Housing Fund: Personal contributions to social insurance and housing provident fund

Special Additional Deductions: Child education, continuing education, serious illness medical care, housing loan interest, housing rent, elderly care

Other Deductions: Enterprise annuity, commercial health insurance, etc.

Income Tax Rate Table (2024)

LevelTaxable IncomeTax Rate
1≤36,0003%
236,000-144,00010%
3144,000-300,00020%
4300,000-420,00025%
5420,000-660,00030%
6660,000-960,00035%
7>960,00045%

Special Additional Deduction Standards

Child Education: ¥1,000 per child per month

Continuing Education: ¥300-400 per month

Serious Illness Medical Care: Maximum ¥80,000 per year

Housing Loan Interest: ¥1,000 per month

Housing Rent: ¥800-1,500 per month

Elderly Care: ¥2,000 per month

Tax Saving Tips

• Make full use of special additional deduction policies

• Arrange year-end bonus distribution timing reasonably

• Consider enterprise annuity and other deferred taxation

• Purchase qualified commercial health insurance

• File annual tax settlement in a timely manner