💰 Salary Calculator
China Salary Calculator
Accurately calculate your after-tax income, including deductions for individual income tax, social security, and housing provident fund
Enter Salary Information
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Annual Income Overview
Salary Knowledge
Understand knowledge related to salary calculation to make wiser financial plans
Individual Income Tax Calculation
Individual income tax is a tax levied by the state on personal income, adopting a 7-level progressive tax rate system with a monthly tax-free threshold of CNY 5,000. Understanding the method of calculating individual income tax helps in reasonably planning income structure.
Key Points:
- •Tax-free threshold: CNY 5,000/month (CNY 60,000/year)
- •Tax rate: 7-level progressive tax rate ranging from 3% to 45%
- •Eligible for special additional deduction policies
- •Year-end bonus can be taxed separately or combined with annual comprehensive income
💡 Practical Tips
Reasonably utilize special additional deductions, such as deductions for children's education and mortgage interest, to effectively reduce tax burden.
Detailed Explanation of Social Security Contributions
Social insurance includes five types of insurance: pension, medical care, unemployment, work-related injury, and maternity insurance, providing basic protection for employees. The personal contribution ratio is approximately 10.5% of the salary, while the employer's contribution ratio is higher.
Key Points:
- •Pension insurance: 8% personal contribution, eligible for pension after retirement
- •Medical insurance: 2% personal contribution, eligible for medical reimbursement
- •Unemployment insurance: 0.5% personal contribution, eligible for subsidies when unemployed
- •Contribution base is usually the average monthly salary of the previous year
💡 Practical Tips
You can enjoy pension benefits after paying social security contributions for 15 years. Continuous payment of medical insurance can increase the reimbursement ratio; it is recommended not to interrupt the payment.
Housing Provident Fund Policy
Housing provident fund is a housing security system for employees. Both individuals and employers contribute 12% each. It can be used for housing loans, rental withdrawals, etc., and enjoys preferential policies of low-interest loans.
Key Points:
- •Contribution ratio: 12% each from individual and employer (adjustable between 5% and 12%)
- •Loan interest rate: 1-2 percentage points lower than commercial loans
- •Withdrawal conditions: House purchase, rent payment, house renovation, retirement, etc.
- •Loan amount: Determined based on contribution period and amount
💡 Practical Tips
The housing provident fund loan interest rate is low, so it is recommended to use it first. Housing provident fund can also be withdrawn for rent payment to reduce living pressure.
Salary Negotiation Skills
Salary negotiation is an important workplace skill that requires adequate preparation in market research, personal value assessment, and negotiation strategies. Reasonable salary negotiation can significantly increase income levels.
Key Points:
- •Market research: Understand the salary level of the industry and position
- •Value demonstration: Highlight personal skills and work achievements
- •Timing selection: After performance evaluation or successful project completion
- •Comprehensive consideration: Consider not only basic salary but also benefits
💡 Practical Tips
When negotiating, be reasonable and evidence-based, present specific achievements and market data, and avoid emotional expressions.
Career Development Planning
Formulating a clear career development plan is the fundamental way to increase salary. Achieve career goals and income growth through skill improvement, position promotion, industry switching, etc.
Key Points:
- •Skill improvement: Continuously learn new technologies and management skills
- •Position promotion: Transform from an executor to a manager
- •Industry selection: Focus on high-growth and high-salary industries
- •Network building: Establish a good professional network
💡 Practical Tips
Formulate a career plan every 3-5 years, regularly evaluate and adjust goals, and maintain motivation for learning and growth.
Introduction to Financial Investment
Reasonable financial investment can maintain and increase the value of salary income. Start with basic savings and fund investments, and gradually establish a diversified investment portfolio.
Key Points:
- •Emergency fund: Prepare 3-6 months of living expenses as an emergency fund
- •Fund investment: Regular fixed investment in index funds to diversify risks
- •Insurance allocation: Basic protection such as accident insurance and critical illness insurance
- •Risk control: Do not invest in products beyond your risk tolerance
💡 Practical Tips
Start financial management with a small amount, learn basic knowledge first, avoid high-risk investments, and steady growth is the most important.
Calculator User Guide
Enter Basic Information
Fill in basic information such as pre-tax monthly salary and work city
Set Contribution Bases
Adjust social security and housing provident fund contribution bases according to actual situations
Add Special Deductions
Fill in special additional deductions such as children's education and mortgage interest
View Calculation Results
Obtain detailed after-tax income and breakdown of various deductions
Salary Knowledge Popularization
Master key concepts to make salary calculation no longer confusing
Taxable Income
Taxable income is the basis for calculating individual income tax, which is equal to the amount after deducting various deductions from pre-tax income.
Calculation Formulas:
Taxable Income = Pre-tax Income - Personal Social Security Contribution - Personal Housing Provident Fund Contribution - Tax-free Threshold (CNY 5,000) - Special Additional DeductionsSocial Security Contribution Base
The social security contribution base is the basis for calculating social security contribution amount, usually ranging from 60% to 300% of the local average salary.
Calculation Formulas:
Social Security Contribution = Contribution Base × Contribution Ratio (8% for Pension + 2% for Medical Care + 0.5% for Unemployment)Special Additional Deductions
Special additional deductions include children's education, continuing education, major medical expenses, housing loan interest, housing rent, and elderly support.
Calculation Formulas:
CNY 1,000/month for Children's Education + CNY 1,000/month for Housing Loan Interest + CNY 2,000/month for Elderly Support + Other Deduction ItemsProgressive Tax Rate
Individual income tax adopts a 7-level progressive tax rate, ranging from 3% to 45%. The higher the income, the higher the tax rate.
Calculation Formulas:
Tax Payable = Taxable Income × Applicable Tax Rate - Quick DeductionUser Reviews
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Mr. Zhang
The calculation is very accurate, the interface is simple and easy to use, and it helps me quickly understand my after-tax income situation. It's a very practical tool!
Ms. Li
As an HR, I often need to calculate salaries for employees. This tool has greatly improved my work efficiency. Highly recommended!
Student Wang
I just graduated and am looking for a job. Using this tool to compare the actual income of different offers has helped me make a better choice.
Frequently Asked Questions
Answers to questions you may have