Korea Net Salary Calculator

Enter your gross salary, non-taxable allowance (e.g. meal allowance), and number of dependents to estimate your monthly take-home pay after Korea's 4 major insurances and income tax.

Enter the details above to estimate your take-home pay.

About net salary (take-home pay) in Korea

The salary written in a Korean job offer or contract is almost always the gross (pre-tax) amount — your actual take-home pay is lower after mandatory social insurance contributions and income tax are deducted. This tool estimates your monthly and annual take-home pay from your gross annual salary or monthly pay, factoring in non-taxable allowances (like a standard meal allowance) and number of dependents.

How the deductions are calculated

The calculator deducts National Pension, National Health Insurance, Long-Term Care Insurance, and Employment Insurance at their current standard contribution rates, plus income tax and local income tax estimated using the same annualized formula the National Tax Service's simplified withholding tax table is built on — this gives a close approximation of what your employer would actually withhold, not an official government lookup.

Frequently asked questions

Why is my actual paycheck slightly different from this estimate?
The National Tax Service's official simplified withholding tax table only defines set brackets at certain salary/dependent combinations, and actual payroll systems may also account for specific deductions, benefits-in-kind, or company-specific policies this general calculator can't know about — treat this as a close estimate for planning, not your exact number.
What counts as a non-taxable allowance?
Common non-taxable allowances in Korea include a standard monthly meal allowance up to a set limit, since certain benefits are excluded from taxable income by law — entering this amount reduces the taxable portion of your salary accordingly.
Why does the number of dependents affect my take-home pay?
More dependents generally means a larger personal deduction is applied when estimating your income tax, which lowers your taxable income and therefore the income tax withheld — this is separate from and in addition to the mandatory social insurance deductions.