Income tax calculator Taiwan

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 21,342
Individual Income Tax
- $ 1,067
Labour Insurance Program
- $ 491
National Health Insurance Program
- $ 331
Total tax
- $ 1,889
Net pay
* $ 19,453
Marginal tax rate
8.8%
Average tax rate
8.9%
91.1%
Net pay
8.9%
Total tax
Total tax
Net pay
The Taxberg
$ 19,453
Net pay
$ 3,661
Tax the employer pays
$ 1,889
Tax you pay
Total tax paid
$ 5,550
Did you know your employer also pays tax on your salary? It costs the employer $ 3,661 to pay you $ 21,342. In other words, every time you spend $ 10 of your hard-earned money, $ 2.60 goes to the government.
Real tax rate
22.2%
So, with you and the employer both paying tax, what used to be a 8.9% tax rate now rises to 22.2%, meaning your real tax rate is actually 13.3% higher than what it seemed at first.
People also ask
$ 21,342 yearly is how much per hour?
$ 10.26 hourly is how much per year?
Summary
If you make $ 21,342 a year living in Taiwan, you will be taxed $ 1,889. That means that your net pay will be $ 19,453 per year, or $ 1,621 per month. Your average tax rate is 8.9% and your marginal tax rate is 8.9%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $ 100 in your salary will be taxed $ 8.85, hence, your net pay will only increase by $ 91.15.
Bonus Example
A $ 1,000 bonus will generate an extra $ 912 of net incomes. A $ 5,000 bonus will generate an extra $ 4,558 of net incomes.
Tax per income
$ 50,000
$ 100,000
$ 150,000
$ 200,000
$ 250,000
$ 300,000
$ 350,000
$ 400,000
$ 450,000
$ 500,000
$ 550,000
$ 600,000
$ 650,000
$ 700,000
$ 750,000
$ 800,000
$ 850,000
$ 900,000
$ 950,000
$ 1,000,000
North America
Country 
Net pay
Average tax
Rank
Canada
TWD 21005
1.6%
1
USA
TWD 19494
8.7%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
TWD 20835
2.4%
1
Brazil
TWD 19741
7.5%
2
Puerto Rico
TWD 19645
8.0%
3
Colombia
TWD 19635
8.0%
4
Ecuador
TWD 19325
9.5%
5
Guatemala
TWD 19296
9.6%
6
Costa Rica
TWD 19101
10.5%
7
Panama
TWD 18994
11.0%
8
Peru
TWD 18674
12.5%
9
Argentina
TWD 17714
17.0%
10
Chile
TWD 17586
17.6%
11
Uruguay
TWD 17479
18.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
TWD 21129
1.0%
1
Uganda
TWD 20195
5.4%
2
Zambia
TWD 20061
6.0%
3
Morocco
TWD 19904
6.7%
4
Ivory Coast
TWD 19741
7.5%
5
Senegal
TWD 19459
8.8%
6
Ghana
TWD 18719
12.3%
7
Kenya
TWD 18574
13.0%
8
Mozambique
TWD 18225
14.6%
9
Cameroon
TWD 18007
15.6%
10
Angola
TWD 17008
20.3%
11
Nigeria
TWD 16931
20.7%
12
Show more
NOTE* Withholding is calculated based on the tables of Taiwan, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.