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comparing tax in united kingdom with china

United KingdomChinaDifference in China
Gross Income 30,000.00 GBP / 30,000.00 GBP 265,387.50 CNY / 30,000.00 GBP - 0.00 GBP
Tax Due 6,064.16 GBP / 6,064.16 GBP 47,722.50 CNY / 5,394.66 GBP - 669.50 GBP
Net Income 23,935.84 GBP / 23,935.84 GBP 217,665.00 CNY / 24,605.34 GBP + 669.50 GBP
Overall Tax Rate 20.2 % 18 % - 2.20 %.

Figures based upon 1 GBP = 1 GBP.

Figures based upon 1 CNY = 0.11304225 GBP.

In United Kingdom, an income of 30,000.00 GBP / 30,000.00 GBP is more than the lowest average advertised salary of 12,757.00 GBP / 12,757.00 GBP and less than the country's average income of 33,000.00 GBP / 33,000.00 GBP.

In China, an income of 265,387.50 CNY / 30,000.00 GBP is more than the lowest average advertised salary of 66,000.00 CNY / 7,460.79 GBP and more than the country's average income of 240,000.00 CNY / 27,130.14 GBP.

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

United KingdomChinaDifference in China
Water Bottle (1.5L) 0.95 GBP / 0.95 GBP 3.92 CNY / 0.44 GBP - 0.51 GBP
Milk Bottle (1L) 0.90 GBP / 0.90 GBP 12.67 CNY / 1.43 GBP + 0.53 GBP
Pint of Beer 3.50 GBP / 3.50 GBP 6.00 CNY / 0.68 GBP - 2.82 GBP
Bread (500g) 0.98 GBP / 0.98 GBP 10.74 CNY / 1.21 GBP + 0.23 GBP
Chicken Breasts (1kg) 5.67 GBP / 5.67 GBP 25.22 CNY / 2.85 GBP - 2.82 GBP
Petrol UK Gallon 5.68 GBP / 5.68 GBP 32.22 CNY / 3.64 GBP - 2.04 GBP
Volkswagen Golf or Equivalent 18,000.00 GBP / 18,000.00 GBP 140,000.00 CNY / 15,825.92 GBP - 2,174.09 GBP
Broadband Internet Monthly 30.21 GBP / 30.21 GBP 100.18 CNY / 11.32 GBP - 18.89 GBP
Rent One Bedroom Apt. In City (Monthly) 722.24 GBP / 722.24 GBP 3,582.47 CNY / 404.97 GBP - 317.27 GBP
Purchase One Bedroom Apt. In City 139,346.55 GBP / 139,346.55 GBP 1,671,389.30 CNY / 188,937.61 GBP + 49,591.06 GBP

Part of Europe, United Kingdom covers an area of 241,917 square kilometers.

United Kingdom has a Gross Domestic Product (PPP) of 2,787.74 ($ Billion) from a population of 65,511,098.

A progressive tax system with 3 bands with tax rates from 20% to 45%.

Personal tax-free allowance provided of 12,500 GBP.

Personal allowance is reduced by 1 GBP for every 2 GBP over 100,000 GBP.

Tax bands are as follow:

Below 37500 GBP - 20%

Between 37500 GBP and 150000 GBP - 40%.

Above 150000 GBP - 45%.

Mandatory social security contributions (National Insurance) Class A bands are as follow:

Below 8632 GBP - 0%

Between 8632 GBP and 50024 GBP - 12%.

Above 50024 GBP - 2%.

Source: https://www.gov.uk/government/organisations/hm-revenue-customs.

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 36000 CNY - 3%

Between 36000 CNY and 144000 CNY - 10%.

Between 144000 CNY and 300000 CNY - 20%.

Between 300000 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 60,000 CNY.

Social security contributions (Beijing): Pension 8%, Medical 2% + 3 CNY, Unemployment 0.2%. Total 10.2% + 3 CNY. Capped at 23,565 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 United Kingdom 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 United Kingdom'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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