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You are viewing an example China 元60,000.00 Income Tax Calculation for 2020/21 Tax Year. Please note that the calculator is defaulted to Beijing, please select an alternate location as necessary to update the Social Insurance calculations.
The below illustration provides a salary calculation for a China resident earning 元60,000.00 per month. You can alter and edit this income tax calculator to work out your out salary and associated income tax ans Social Insurance payments. You can view alternate salary examples for China here
Note: This China income tax return example for 元60,000.00 is provided for information only, whilst every effort is taken to ensure their accuracy and we do actively maintain and update the China salary calculator, the figures are for illustration only, always take professional advice before filing your tax return.
iCalculator China Income Tax Salary Calculator is updated 2020/21 tax year. Income Tax calculations and expense factoring for 2020/21 with historical pay figures on average earnings in China for each market sector and location. China Salary calculations include gross annual income, tax deductible elements including Income Tax Rebate, Approved Donations, Employment Expenses and other tax deductible allowances.
iCalculator also provides historical China earning figures so individual employees and employers can review how much tax has been paid in previous tax years or you can use the China salary calculator 2020/21 to see home much your take home salary will be in 2020.