Damoa - Handy Tools

Salary Calculator

Calculate Korean take-home pay with tax and insurance deductions.

기본값: 식대 100,000원

Enter annual salary to calculate.

How to Use Enter your annual salary or monthly gross pay. Four major social insurance deductions (National Pension, Health Insurance, Employment Insurance, and Industrial Accident Insurance) and income tax are automatically calculated. Review the full deduction breakdown and see your net take-home pay. Who Is This For Job seekers who want to know their actual take-home pay before accepting a salary offer, small business owners calculating employee payroll, and employees who want to understand how a raise affects their net income. Key Features • Annual / monthly salary → net take-home pay calculation • Social insurance contributions (Korea) • Income tax and local income tax calculation • Dependent adjustment for tax • Non-taxable allowance configuration Frequently Asked Questions Q: Why is the calculated result slightly different from my actual payslip? A: Your company may include tax-exempt allowances (meal, transportation) and other variables not captured here. This tool provides a close estimate based on standard rates. Q: Are the insurance rates updated regularly? A: Rates are adjusted slightly each year. The tool is updated to reflect the latest rates. Q: Can freelancers use this? A: This tool is designed for salaried employees. Freelancers have different tax treatment and should consult a tax professional. Tips When comparing job offers, convert gross salaries to net monthly take-home for a fair comparison. For example, a 50,000,000 KRW annual salary yields approximately 3,800,000 KRW net monthly (without dependents).
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