Salary Rate
Year
Month
Semimonthly
Week
Day
Hour
Withholding
Salary
NT$ 5,000,000
Individual Income Tax
- NT$ 1,178,513
Labour Insurance Program
- NT$ 9,482
National Health Insurance Program
- NT$ 30,729
Total tax
- NT$ 1,218,724
Net pay
* NT$ 3,781,276
Marginal tax rate
39.5%
Average tax rate
24.4%
75.6%
Net pay
24.4%
Total tax
Total tax
Net pay
Summary
If you make NT$ 5,000,000 a year living in Taiwan, you will be taxed NT$ 1,218,724. That means that your net pay will be NT$ 3,781,276 per year, or NT$ 315,106 per month. Your average tax rate is 24.4% and your marginal tax rate is 39.5%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of NT$ 100 in your salary will be taxed NT$ 39.50, hence, your net pay will only increase by NT$ 60.50.
Bonus Example
A NT$ 1,000 bonus will generate an extra NT$ 605 of net incomes. A NT$ 5,000 bonus will generate an extra NT$ 3,025 of net incomes.
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.