Korean Taxes Korean Taxes

KMK: Korean Taxes

Teach

Figuring out your Korean Taxes, health insurance, and pension deduction sometimes feels like some arcane science. It’s enough to give a guy a headache. With all the numbers flying about here’s a chart that can help demystify the shroud of confusion around this issue.

Salary

Pension
9%

Medical Insu
rance 4.48%

Income Tax

.

Total
(after tax)

.
kwn/
month

You Contribute Approx.
4.5%

You Contribute Approx.
2.24 %

US,UK,
SA,AU,
NZ,IR
approx
3.3%

CA Approx. 2%

US, UK, SA, AU, NZ, IR

CA

1,800,000

79,200

42,930

59,400

36,000

1,618,470

1,641,870

1,900,000

83,700

45,310

62,700

38,000

1,708,290

1,732,990

2,000,000

88,650

47,700

66,000

40,000

1,797,650

1,823,650

2,100,000

93,600

50,080

69,300

42,000

1,887,020

1,914,320

2,200,000

98,550

52,470

72,600

44,000

1,976,380

2,004,980

2,300,000

103,500

54,850

75,900

46,000

2,065,750

2,095,650

2,400,000

108,900

57,240

79,200

48,000

2,154,660

2,185,860

2,500,000

114,300

59,620

82,500

50,000

2,243,580

2,276,080

2,600,000

120,150

62,010

85,800

52,000

2,332,040

2,365,840

2,700,000

120,150

64,390

89,100

54,000

2,426,360

2,461,460

2,800,000

126,000

66,780

92,400

56,000

2,514,820

2,551,220

2,900,000

132,300

69,160

95,700

58,000

2,602,840

2,640,540

3,000,000

132,300

71,550

99,000

60,000

2,697,150

2,736,150

Tagged
Brian Dye
I’m a blogger, writer, and urban explorer. I worked in South Korea’s ESL field for the 15 years. My one year contract turned, unexpectedly, into a journey!
https://kissmykimchi.com

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