Estimate the deposit after Korean 3.3% withholding, add extra deductions, project repeated monthly payouts, or reverse-calculate the gross amount you need.
Estimated net deposit
₩967,000
This is the expected deposit after income tax and local income tax are withheld.
Total withholding
₩33,000
Net ratio
96.7%
Monthly net
₩967,000
Calculation direction
Quick amount
Income tax 3%
₩30,000
Local income tax 0.3%
₩3,000
Other deduction
₩0
Amount before withholding. If VAT is separate, use the supply amount used for payout.
Gross contract amount
₩1,000,000
Estimated net deposit
₩967,000
Yearly net
₩11,604,000
The 3.3% amount is tax withheld in advance. Your final refund or additional tax can change after annual filing, expenses, deductions, and other income.
Use this for payout planning. Final tax filing can differ depending on business expenses, other income, and deductions.
Payout summary Gross contract amount: ₩1,000,000 Estimated net deposit: ₩967,000 Total withholding: ₩33,000 (3.3%) Other deduction: ₩0
Financial planning notice
This tool provides reference estimates only. Do not use it as the sole basis for lending, repayment, investment, tax, or contract decisions. Confirm the result with your lender, official documents, or a qualified professional before acting.
Use it for Korean freelance, lecture, side-job, and outsourced work payouts that apply business-income withholding.
It combines 3% Korean business-income withholding tax and 0.3% local income tax.
Match your contract and payout statement. If VAT is separate, the supply amount is usually the safer input.
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