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comparing tax in france with china

FranceChinaDifference in China
Gross Income 33,972.96 EUR / 30,000.00 GBP 262,328.61 CNY / 30,000.00 GBP - 0.00 GBP
Tax Due 8,940.36 EUR / 7,894.83 GBP 68,534.15 CNY / 7,837.59 GBP - 57.24 GBP
Net Income 25,032.60 EUR / 22,105.17 GBP 193,794.46 CNY / 22,162.41 GBP + 57.24 GBP
Overall Tax Rate 26.3 % 26.1 % - 0.20 %.

Figures based upon 1 EUR = 0.88305523 GBP.

Figures based upon 1 CNY = 0.11436038 GBP.

In France, an income of 33,972.96 EUR / 30,000.00 GBP is more than the lowest average advertised salary of 14,400.00 EUR / 12,716.00 GBP and less than the country's average income of 45,000.00 EUR / 39,737.49 GBP.

In China, an income of 262,328.61 CNY / 30,000.00 GBP is more than the lowest average advertised salary of 66,000.00 CNY / 7,547.79 GBP and more than the country's average income of 240,000.00 CNY / 27,446.49 GBP.

Here are how much some common purchases cost in France vs China:

FranceChinaDifference in China
Water Bottle (1.5L) 0.59 EUR / 0.52 GBP 3.92 CNY / 0.45 GBP - 0.07 GBP
Milk Bottle (1L) 0.94 EUR / 0.83 GBP 12.67 CNY / 1.45 GBP + 0.62 GBP
Pint of Beer 5.50 EUR / 4.86 GBP 6.00 CNY / 0.69 GBP - 4.17 GBP
Bread (500g) 1.30 EUR / 1.15 GBP 10.74 CNY / 1.23 GBP + 0.08 GBP
Chicken Breasts (1kg) 10.33 EUR / 9.12 GBP 25.22 CNY / 2.88 GBP - 6.24 GBP
Petrol UK Gallon 6.54 EUR / 5.78 GBP 32.22 CNY / 3.68 GBP - 2.09 GBP
Volkswagen Golf or Equivalent 20,000.00 EUR / 17,661.10 GBP 140,000.00 CNY / 16,010.45 GBP - 1,650.65 GBP
Broadband Internet Monthly 27.70 EUR / 24.46 GBP 100.18 CNY / 11.46 GBP - 13.00 GBP
Rent One Bedroom Apt. In City (Monthly) 655.51 EUR / 578.85 GBP 3,582.47 CNY / 409.69 GBP - 169.16 GBP
Purchase One Bedroom Apt. In City 215,197.15 EUR / 190,030.97 GBP 1,671,389.30 CNY / 191,140.72 GBP + 1,109.75 GBP

Part of Europe, France covers an area of 551,000 square kilometers.

France has a Gross Domestic Product (PPP) of 2,736.72 ($ Billion) from a population of 64,938,716.

A progressive tax system split into 5 bands, including a zero-rated band.

Household income is first split into the number of occupants and then each 'split' of the income is taxed according to the tax bands.

Income can be reduced by a 6.8% allowance for social contributions. There is also a deduction 10% for professional costs up to a 12,305 EUR maximum.

Up to 9,807 EUR - 0%.

Between 9,808 EUR and 27,086 EUR - 14%.

Between 27,087 EUR and 72,617 EUR - 30%.

Between 72,618 EUR and 153,783 EUR - 41%.

Above 153,783 EUR - 45%.

An additional contribution of 3 percent on incomes over 250,000 EUR is also applicable.

Social charges - including unemployment benefit, and main pension are 17.95 percent of salaried income.

Source: https://www.impots.gouv.fr/portail/international

Source: XE.com (Currency Conversion).

Source: SalaryExplorer.com (Averages from average salaries in major job categories).

Source: Numbeo.com (Cost of living).

Part of Asia, China covers an area of 9,386,293 square kilometers.

China has a Gross Domestic Product (PPP) of 21,269.02 ($ Billion) from a population of 1,388,232,693.

A progressive tax system spread over 7 bands - ranging from 3% to 45%.

Tax bands are as follow:

Below 18000 CNY - 0%

Between 18000 CNY and 54000 CNY - 10%.

Between 54000 CNY and 108000 CNY - 20%.

Between 108000 CNY and 420000 CNY - 25%.

Between 420000 CNY and 660000 CNY - 30%.

Between 660000 CNY and 960000 CNY - 35%.

Above 960000 CNY - 45%.

A standard personal allowance is available of 42,000 CNY.

Social security contributions (Beijing): Pension 8%, Medical 2% + 36 CNY, Unemployment 0.2%. Total 10.2% + 36 CNY. Capped at 26,052 CNY.

Source: http://www.chinatax.gov.cn/2013/n2925/.

Source: XE.com (Currency Conversion).

Source: SalaryExplorer.com (Averages from average salaries in major job categories).

Source: Numbeo.com (Cost of living).

Help

This calculator allows you to calculate income taxes and social contributions equivalent for France and China and allow comparison between both. You can choose the preferred currency for the input amounts and displayed calculation. For example: If you choose GBP as your preferred currency, then the income entered will be converted to France's and China's native currencies for the calculation so that correct income equivalent is used. The results will then be shown in the native currencies and GBP.

How we compare world taxes

We have trawled through the quagmire of tax legislation for 16 of the World's major economies and created a comparable position as close to the UK's PAYE (Pay As You Earn) system for employed people.

We look at each country's taxation for employed people, as well as things like medical care which are part of social contributions for some countries or require mandatory purchase of health insurance.

Combining this information lets us calculate taxes for each of the 16 countries and then do not only a taxation comparison but also a comparison of buying power based upon commonly purchased items.

It is quick and easy to use and you can get a detailed result at the click/tap of a button!

Compare tax using these examples:

We currently support the following countries - by clicking on the links below you can just do an individual tax calculation for those countries - or scroll up and compare tax between two countries directly!

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