Korea salary after tax
Enter your gross annual salary and see what actually lands in your account each month, with each deduction your employer withholds shown separately.
How it works
Four social insurances come off first: national pension 4.5% (capped by a monthly income ceiling), health insurance 3.595%, long-term care at 12.95% of the health premium, and employment insurance 0.9%.
Income tax is computed annually: gross pay minus the earned-income deduction, the basic personal allowance (KRW 1.5M for you plus 1.5M per dependent) and your insurance contributions gives the tax base, taxed at progressive rates of 6–45%. The earned-income tax credit and a standard KRW 130,000 credit are then subtracted. Local income tax adds 10% of the result.
Your employer withholds using a simplified monthly table, so actual payslips can differ by a small amount; the difference settles at year-end tax adjustment.
Assumptions
- National pension 4.5% with monthly income ceiling KRW 6,370,000 and floor 400,000 (Jul 2025–Jun 2026)
- Health insurance 3.595% (2026), long-term care 12.95% of health premium, employment insurance 0.9%
- Earned-income deduction, tax brackets and tax credit follow the 2025 tax-year rules
- Standard tax credit of KRW 130,000 applied; no itemized deductions (cards, medical, housing)
- Non-taxable allowance excluded from both insurance and tax bases
FAQ
Why does my payslip differ from this?
Employers withhold using a simplified monthly tax table, and year-end adjustment adds deductions for credit-card spending, insurance and housing. This estimate applies only the basic allowances.
Is there a flat-rate option for foreigners?
Yes. Foreign employees in Korea can elect a flat 19% income tax rate instead of progressive rates, which can be favorable at higher salaries.
Does this include severance?
No. Statutory severance pay (one month per year of service) is paid separately when you leave and is taxed differently.