UKTaxCalculators World

comparing japan and china

JapanChinaDifference in China
Gross Income 4,356,658.17 JPY / 29,999.99 GBP 266,258.55 CNY / 30,000.00 GBP - 0.00 GBP
Tax Due 1,394,373.55 JPY / 9,601.67 GBP 69,516.64 CNY / 7,832.61 GBP - 1,769.06 GBP
Net Income 2,962,284.62 JPY / 20,398.32 GBP 196,741.91 CNY / 22,167.39 GBP + 1,769.06 GBP
Overall Tax Rate 32 % 26.1 % - 5.90 %.

Figures based upon 1 JPY = 0.00688601 GBP.

Figures based upon 1 CNY = 0.11267244 GBP.

In Japan, an income of 4,356,658.17 JPY / 29,999.99 GBP is more than the lowest average advertised salary of 1,530,000.00 JPY / 10,535.60 GBP and less than the country's average income of 5,400,000.00 JPY / 37,184.45 GBP.

In China, an income of 266,258.55 CNY / 30,000.00 GBP is more than the lowest average advertised salary of 66,000.00 CNY / 7,436.38 GBP and more than the country's average income of 240,000.00 CNY / 27,041.39 GBP.

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

JapanChinaDifference in China
Water Bottle (1.5L) 132.51 JPY / 0.91 GBP 3.62 CNY / 0.41 GBP - 0.50 GBP
Milk Bottle (1L) 186.72 JPY / 1.29 GBP 12.76 CNY / 1.44 GBP + 0.15 GBP
Pint of Beer 400.00 JPY / 2.75 GBP 6.00 CNY / 0.68 GBP - 2.07 GBP
Bread (500g) 180.57 JPY / 1.24 GBP 9.35 CNY / 1.05 GBP - 0.19 GBP
Chicken Breasts (1kg) 893.57 JPY / 6.15 GBP 24.52 CNY / 2.76 GBP - 3.39 GBP
Petrol UK Gallon 580.76 JPY / 4.00 GBP 29.09 CNY / 3.28 GBP - 0.72 GBP
Volkswagen Golf or Equivalent 2,500,000.00 JPY / 17,215.03 GBP 150,000.00 CNY / 16,900.87 GBP - 314.16 GBP
Broadband Internet Monthly 4,121.05 JPY / 28.38 GBP 98.39 CNY / 11.09 GBP - 17.29 GBP
Rent One Bedroom Apt. In City (Monthly) 85,549.15 JPY / 589.09 GBP 3,398.33 CNY / 382.90 GBP - 206.19 GBP
Purchase One Bedroom Apt. In City 32,645,277.70 JPY / 224,795.71 GBP 1,468,275.20 CNY / 165,434.15 GBP - 59,361.62 GBP

Part of Asia, Japan covers an area of 364,503 square kilometers.

Japan has a Gross Domestic Product (PPP) of 4,931.88 ($ Billion) from a population of 126,045,211.

A progressive tax system spread over 7 bands - ranging from 5% to 45%.

Tax bands are as follow:

Below 1950000 JPY - 5%

Between 1950000 JPY and 3300000 JPY - 10%.

Between 3300000 JPY and 6950000 JPY - 20%.

Between 6950000 JPY and 9000000 JPY - 23%.

Between 9000000 JPY and 18000000 JPY - 33%.

Between 18000000 JPY and 40000000 JPY - 40%.

Above 40000000 JPY - 45%.

A surcharge is applicable of 2.1% on the calculated national income tax.

A local inhabitant's income tax is also imposed at a 10% flat rate on taxable income.

Employee's can use an earned income deduction to reduce the amount taxable - this is based on a scale.

Residents receive a national and local personal tax exemption this is on a scale from 480,000 JPY to 0 JPY.

Social insurance premiums in Tokyo charged on gross income are: Health 4.98% (Capped at 16.68M JPY of gross income), Welfare and Pension 9.091% (Capped at 7.44M JPY of gross income), Unemployment 0.85% (not capped).

Source: https://www.nta.go.jp/foreign_language/.

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 Japan 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 Japan'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!

Help - find relevant tax tools and calculators - go back to top

Answer a few questions below and we will list relevant tax calculators and tools that can help you organise, budget and ultimately save you money!
are you an employee?

What features would you like to see on UKTaxCalculators.co.uk?

Share your ideas/comments with us below - it's easy! No need to register, just enter your comment and click add!

Something went wrong when submitting your suggestion, please try again!

© Copyright 2008-2019 - UKTaxCalculators.co.uk - Free UK PAYE, CIS, Self Employment and Mixed Income Source, Tax Calculators.

Code and design by Ray Arman

Code and design by Ray Arman (RayArman.co.uk)

By using this site, you agree we can set and use cookies. For more details of these cookies and how to disable them, see our cookie policy.

Remember, we do our best to make sure our systems are up to date and error free. However, all calculations provided are estimates based upon information you provide. We do not accept liability for any errors or omissions, please read our disclaimer and terms and conditions of use.

UK Tax Calculators - Proud to be part of data.gov.uk - Opening Up Government

To get in touch, email: info@uktaxcalculators.co.uk

view full website

go to top of page