Take-Home Pay Calculator (Korea)
Work out your monthly take-home pay in Korea after the four social insurances and income tax for 2026, with every deduction itemised.
How to use
- Choose whether you are entering an annual or a monthly figure and type the gross amount. An annual amount is divided into 12 monthly payments.
- Enter the monthly non-taxable pay, such as the meal allowance (tax-free up to KRW 200,000 a month).
- Pick the number of dependants including yourself and, if you have children aged 8 to 20, how many.
- Pick the withholding-table rate you filed with your employer (80%, 100% or 120%). The monthly take-home pay and each deduction appear at once.
2026 take-home pay by annual salary
Monthly take-home after social insurance, income tax and local income tax.
| Annual salary | Monthly take-home | Monthly deductions | Deduction rate |
|---|---|---|---|
| Minimum wage25,882,560 | 1,946,740 | 210,140 | 9.7% |
| 30M KRW | 2,244,440 | 255,560 | 10.2% |
| 36M KRW | 2,665,440 | 334,560 | 11.2% |
| 40M KRW | 2,935,813 | 397,520 | 11.9% |
| 45M KRW | 3,259,730 | 490,270 | 13.1% |
| 50M KRW | 3,571,586 | 595,080 | 14.3% |
| 60M KRW | 4,195,410 | 804,590 | 16.1% |
| 70M KRW | 4,821,303 | 1,012,030 | 17.3% |
| 80M KRW | 5,367,086 | 1,299,580 | 19.5% |
| 100M KRW | 6,530,923 | 1,802,410 | 21.6% |
Assumes 200,000 KRW of non-taxable meal allowance a month, one dependant (yourself) and the 100% withholding rate.
Basis and sources
| Item | Employee | Employer | Basis |
|---|---|---|---|
| National pension | 4.75% | 4.75% | Income 410,000 KRW–6,590,000 KRW |
| Health insurance | 3.595% | 3.595% | Monthly pay |
| Long-term care | 0.4724% | 0.4724% | 0.9448% of pay, split evenly |
| Employment insurance | 0.9% | 0.9% | Monthly pay |
| Job stability & training | — | 0.25% | Under 150 staff, employer only |
Income tax follows the 100% withholding table (Income Tax Act decree, annex 2) and can differ from a table cell by up to 10 won; the final tax is settled at year-end.
Example: 3,000,000 KRW monthly pay (200,000 KRW non-taxable meals), 1 dependent
- Pension 133,000 KRW + health 100,660 KRW + care 13,220 KRW + employment 25,200 KRW
- Income tax 56,800 KRW + local tax 5,680 KRW
- Monthly take-home 2,665,440 KRW
Sources
FAQ
How much is the monthly take-home pay on 30, 40 and 50 million won a year?
With a KRW 200,000 non-taxable meal allowance, one dependant (yourself) and the 100% withholding rate: KRW 2,244,440 a month on 30 million, 2,935,813 on 40 million and 3,571,586 on 50 million.
How is it calculated?
Pension, health, long-term care and employment insurance are taken from taxable pay (monthly pay minus the non-taxable allowance), then the income tax from the National Tax Service withholding table (Income Tax Enforcement Decree, Annex 2) and 10% of it as local income tax.
What are the 2026 employee insurance rates?
National pension 4.75% (income ceiling KRW 6.59 million a month), health insurance 3.595%, long-term care 13.14% of the health premium and employment insurance 0.9%.
What do the 80% and 120% rates mean?
Employees may ask their employer to withhold 80%, 100% or 120% of the table amount each month. The year's total tax is the same; only the year-end refund or extra payment changes.
Why does my payslip differ?
Pension reporting, health insurance settlements, bonuses, the range of non-taxable items and part-month work can all differ. This is an estimate and does not apply year-end deductions or credits.