Labour Insurance Program
- NT$ 15,600
National Health Insurance Program
- NT$ 46,800
Labour Pension Program
- NT$ 72,000
If you make
NT$ 1,200,000 a year living in Taiwan, you will be taxed NT$ 247,608. That means that your net pay will be NT$ 952,392 per year, or NT$ 79,366 per month. Your average tax rate is 20.63% and your marginal tax rate is 28.02%. 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$ 28.02, hence, your net pay will only increase by NT$ 71.98.
NT$ 1,000 bonus will generate an extra NT$ 720 of net revenues. A NT$ 5,000 bonus will generate an extra NT$ 3,599 of net revenues.
Tax per income
NOTE* Deductions are calculated based on the tables of Taiwan, 2018 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.