Net Salary Calculator
Take-home pay after deductions.
Approximate estimateBased on 2026 rulesSources: Income Tax Act · National Tax Service · National Pension Service · NHIS
Sum of tax-free pay such as meals (default 200,000).
Monthly take-home pay
2,655,813원
Annual take-home ≈ 31,869,756 KRW.
Employer-paid 4 insurances · 0 KRW
Separate from the employee's share above, this is the employer-paid portion of the four major insurances. Industrial accident insurance is fully paid by the employer at the industry-average rate. The employment insurance figure covers only the unemployment-benefit portion (0.9%) — employers also pay an employment-stability and vocational-development levy of 0.25–0.85% depending on workforce size, so the real employer cost is higher.
Shared conditions (from Single tab): dependents · KRW tax-free
Scenario A
0원
Scenario B
0원
What is take-home pay?
Take-home pay is your gross salary minus the employee share of the four major insurances (national pension, health, long-term care, employment) and income tax. Two people on the same salary can take home different amounts depending on dependents and tax-free allowances.
Deduction rates (2026)
- National pension 4.75% · Health 3.595% · Long-term care 13.14% of health · Employment 0.9%, all on taxable pay.
4 insurances calculation — employer-paid rates (2026)
The employer also pays national pension, health, long-term care and employment insurance premiums separately from the employee, and fully covers industrial accident insurance.
- National pension, health, long-term care and employment insurance rates mirror the employee side; accident insurance is employer-only at the industry-average rate.
How income tax is estimated
Rather than reproducing the full monthly withholding table, this tool annualizes taxable pay and applies the earned-income deduction, comprehensive income brackets and earned-income tax credit, then divides by 12 — an approximation.
Worked examples (1 dependent, 200,000 tax-free)
Example 1. Annual salary 40,000,000 KRW (monthly 3,333,333) with 1 dependent and 200,000 tax-free.
- Taxable pay = 3,333,333 − 200,000 = 3,133,333 KRW
- Pension 148,833 · Health 112,643 · Long-term care 14,801 · Employment 28,200 KRW
- Income tax (est.) 105,853 · Local tax 10,585 KRW
- Total deductions 420,915 → net pay 2,912,418 KRW
Example 2. Annual salary 60,000,000 KRW (monthly 5,000,000) with 1 dependent and 200,000 tax-free.
- Taxable pay = 5,000,000 − 200,000 = 4,800,000 KRW
- Pension 228,000 · Health 172,560 · Long-term care 22,674 · Employment 43,200 KRW
- Income tax (est.) 313,410 · Local tax 31,341 KRW
- Total deductions 811,185 → net pay 4,188,815 KRW
Net pay by annual salary
Monthly take-home pay by annual salary bracket, assuming 1 dependent and 200,000 KRW monthly tax-free allowance.
| Annual salary | Gross monthly | Net monthly |
|---|---|---|
| 30,000,000 | 2,500,000 | 2,241,677 |
| 40,000,000 | 3,333,333 | 2,912,418 |
| 50,000,000 | 4,166,667 | 3,553,723 |
| 60,000,000 | 5,000,000 | 4,188,815 |
| 80,000,000 | 6,666,667 | 5,403,665 |
| 100,000,000 | 8,333,333 | 6,587,087 |
See the full net-pay table by salary and the 2026 rate summary for more detail.
When the deductions do not match your expectation
Take-home pay usually diverges for one of three reasons: how much was treated as non-taxable, whether contributions hit their floors or ceilings, and the fact that monthly income tax is only provisional.
Pension contribution base limits
| Item | Value |
|---|---|
| Lower limit | 410,000 KRW |
| Upper limit | 6,590,000 KRW |
| Employee rate | 4.75% |
| Monthly meal allowance exemption | 200,000 KRW |
Contributions are capped at the upper limit regardless of actual pay, so the effective rate falls as salary rises. The limits are revised each July.
What is treated as non-taxable
Not all pay is taxed. Meal allowances are exempt up to a monthly cap, as is a vehicle allowance of up to 200,000 KRW a month where a personal car is used for work without expense reimbursement, and a childcare allowance for children aged six or under.
Each category has its own conditions and limits, so identical gross pay can carry different taxable amounts depending on how the payslip is itemised.
Exempt items reduce more than income tax: they are excluded from the remuneration base for social insurance, so contributions fall too.
Monthly income tax is provisional
Withholding follows a simplified table that reflects only the number of dependants, not individual deductions such as medical costs or card spending. The gap is settled at year-end in February.
Employees can choose 80%, 100% or 120% of the table amount. Choosing 80% raises monthly take-home but reduces the refund later; the total is unchanged, only the timing.
Local income tax of 10% of the income tax is withheld alongside it, shown as a separate line.
The health insurance reconciliation
Health insurance is charged monthly on the previous year's pay and reconciled in April against actual pay. A raise last year means the shortfall is collected at once, which is why April take-home is often noticeably lower.
Large reconciliation amounts can be spread over up to ten instalments on the employer's application.
Long-term care insurance is a percentage of the health premium, so it rises with any reconciliation.
Legal basis
- Non-taxable employment income — Income Tax Act art. 12(3)
- Simplified withholding table — Enforcement Decree art. 194
- Pension base limits — National Pension Act Enforcement Decree art. 5
- Health insurance reconciliation — National Health Insurance Act arts. 69-70