💰
Income Tax Calculator
Enter your annual salary to calculate income tax, insurance, and estimated take-home pay.
Based on NTS simplified tax table (effective 2026.03.01). Actual year-end settlement may differ due to additional deductions.
💡 How to Use
Enter your gross annual salary and click 'Calculate' to see estimated income tax, local tax, social insurance premiums, and net take-home pay. Calculations are based on the official NTS simplified tax table (effective 2026.03.01). Adjust dependents, children under 20, and non-taxable income for more accurate results. Toggle between monthly and annual views.
Related Tools
💰
Loan Calculator
Calculate monthly payments and total interest from loan amount, rate, and term.
📊
Percent Calculator
Calculate percentages easily. X% of Y, what % is X of Y, percentage change.
💼
Severance Pay Calculator
Calculate severance pay based on employment dates and salary. Based on Korean Labor Standards Act.
FAQ
Is this calculator accurate?▼
Calculations are based on the official NTS simplified tax table (effective 2026.03.01). Results vary by dependents and non-taxable income settings. Actual amounts after year-end settlement may differ due to additional deductions and credits.
What are the 4 major insurances?▼
National Pension (4.75%), Health Insurance (3.595%), Long-term Care (13.14% of health), Employment Insurance (0.9%). Split between employee and employer — this calculator shows only the employee share.