Q. What's the monthly take-home for a ₩50M annual salary?
Roughly ₩3.47M per month with the standard ₩200,000 meal allowance and one dependent (yourself). The exact figure shifts with the number of dependents, children, and any extra non-taxable items — plug in your details to see your number.
Q. What are the four public insurances and how much do they take?
For 2026: National Pension 4.75%, Health Insurance 3.595%, Long-Term Care (about 13.14% of the health premium), and Employment Insurance 0.9% — all the employee portion. The employer pays the same or more on top of this.
Q. How does the ₩200,000 non-taxable meal allowance change things?
Up to ₩200,000/month of meal allowance is tax-exempt, which lowers your income and local income tax and raises take-home by tens of thousands of won. That's why negotiating non-taxable allowances can match a base-salary bump.
Q. How are dependents and children deductions handled?
Children are entered in two fields. Kids aged 6 and under get a ₩200,000/month tax-free childcare allowance; kids aged 8 and over get the child tax credit (₩250k for the 1st, ₩300k for the 2nd, ₩400k each from the 3rd). All children also count toward the ₩1.5M/person personal deduction, and the earned-income tax credit is applied to the computed tax so the result tracks your actual annual tax liability.
Q. What does the monthly chart show?
A pie chart breaking your gross salary into take-home, the four insurances, and taxes so you can see exactly where each part of your paycheck goes. Hover for amounts and percentages.
Q. Does this also calculate the year-end tax settlement refund?
No — this tool shows monthly withholding. Year-end refund/owed amounts depend on medical expenses, donations, credit-card spending, and so on; use the dedicated tax-refund calculator for that.
