🇰🇷 South Korea net salary calculator
Your South Korean take-home is gross minus about 9.71% social insurance, national income tax and a 10% local income tax.
✓ Verified against 2 self-test cases Updated for 2026 · sources checked 2026-08-02
How take-home pay in South Korea is calculated
South Korean payroll deducts the four social insurances — national pension, health, long-term care and employment — about 9.71% of gross together in 2026. Both main rates rose that year: the national pension from 9% to 9.5% (employee half 4.75%) and health insurance from 7.09% to 7.19% (employee half 3.595%), with employment insurance steady at 0.9%.
National income tax applies on brackets from 6% to 45% after the earned-income deduction, and a local income tax of 10% of the national tax is added. This simplified model applies both. Estimate, not tax advice.
Worked example
| grossAnnual | 50000000 |
|---|---|
| social | 4855000 |
Frequently asked questions
What is the social insurance on a Korean salary?
National pension, health, long-term care and employment insurance, about 9.71% of gross in 2026, up from 9.4% after the pension and health rate rises.
What is the local income tax?
A surtax of 10% of the national income tax.
Is this exact?
It is a simplified estimate; Hometax computes the exact figure with all deductions.
Sources
- 국세청/Hometax · checked 2026-08-02
Estimate. Not tax advice. The verification badge means the model reproduces the stated formula through 2 self-test cases; the sources support that the formula matches the rules.
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