How much is a bonus's take-home pay? Tax and social insurance calculation and the truth about "over-deduction"

This is an English translation of our Japanese article. Rules and figures may change; the Japanese version and official sources are authoritative.

It's the summer bonus season. If your take-home pay feels "smaller than I expected from the gross amount," it's generally 75–85% of the gross. What gets deducted are social insurance premiums (health insurance, employees' pension, employment insurance) and income tax. What is surprisingly little known is that the income tax rate on a bonus is determined not by "the size of the bonus" but by "the previous month's salary," and that residence tax is not deducted from a bonus. Once you understand the mechanism, the worry of "am I being over-deducted?" goes away.

Key points on what is deducted

① What is deducted are the five items: health insurance, (nursing care insurance), employees' pension, employment insurance, and income tax. Residence tax is not deducted (it is already withheld from your monthly salary).
② Social insurance premiums are "standard bonus amount (gross, rounded down to the nearest ¥1,000) × rate." Your own share is generally employees' pension 9.15% + health insurance about 5% (for ages 40–64, about 6% including nursing care insurance) + employment insurance 0.55% = about 15% in total.
③ The income tax rate (0–45.945%) is determined by "the previous month's salary (after social insurance deductions)" and the number of dependents, and is applied to the bonus after social insurance deductions[NTA No.2523].
④ This withholding is a provisional prepayment. Any excess comes back through the year-end adjustment.

Employees / salary

List of what is deducted from a bonus

ItemGuide to your own sharePoint
Employees' pension premium9.15%The standard bonus amount is capped at ¥1.5 million per payment (the excess is not charged)
Health insurance premiumAbout 5% (differs by Kyokai Kenpo prefecture)The standard bonus amount is capped at a cumulative ¥5.73 million per fiscal year
Nursing care insurance premium (ages 40–64)About 0.8–0.9%Collected together with health insurance
Employment insurance premium0.55% (FY2025, general businesses)Charged on the gross (total payment) amount
Income tax (including reconstruction surtax)0–45.945% (varies by person)The rate is determined by the previous month's salary and the number of dependents[NTA]
Residence tax¥0Not deducted from a bonus (the annual tax amount is withheld from monthly salary split into 12. How to read the determination notice)
Social insurance premium rates on a bonus (guide to your own share)
9.15%Employees' pensionAbout 5%Health insuranceAbout 0.85%Nursing care (40-64)0.55%Employment insurance
Source: this article (FY2025, Kyokai Kenpo, etc. Health insurance rates differ by prefecture)

Calculation example: gross ¥600,000, age 30 (no dependents, previous month's salary ¥300,000)

  • Standard bonus amount: ¥600,000
  • Employees' pension: ¥600,000 × 9.15% = ¥54,900
  • Health insurance: ¥600,000 × about 5% = about ¥30,000
  • Employment insurance: ¥600,000 × 0.55% = ¥3,300
  • Income tax: previous month's salary (after social insurance deductions, about ¥260,000), 0 dependents → apply the computed rate of 6.126% to the bonus after social insurance deductions (about ¥512,000) = about ¥31,400

Take-home ≒ ¥600,000 − about ¥120,000 = about ¥480,000 (about 80% of gross)

* This is an estimate; the health insurance rate and rounding differ by insurer. For the exact rate, please check the National Tax Agency's "Table of computed withholding rates for bonuses"[NTA tax table].

The mechanism of "over-deduction" and why it comes back

  • The rate is determined by "the previous month's salary": Someone who did a lot of overtime the previous month gets a higher bonus tax rate too. Conversely, if the previous month's salary was low, the rate goes down. The size of the bonus itself is not directly related to the rate[NTA No.2523].
  • It is purely a provisional payment: The correct annual income tax is recalculated in the year-end adjustment, and any over-deducted portion is refunded in your December salary. Even if you feel "the tax on my bonus is too high," it balances out over the year.
  • At companies where bonuses are paid four or more times a year, there are special rules such as being treated as "salary" for social insurance purposes.
  • People scheduled to leave the company in the payment month, or who had no salary the previous month, use a different calculation method.

A perspective on increasing your take-home pay

  • Tax saving in the bonus month alone is nearly impossible, but over the year you can lower income tax and residence tax with iDeCo, Furusato Nozei, the insurance premium deduction, and the like. A bonus is ideal for securing the funds.
  • For a high bonus that exceeds the standard bonus amount cap (employees' pension ¥1.5 million per payment), no employees' pension is charged on the excess, but that portion is also not reflected in your future pension amount.
  • Bonuses will also include the child and childcare support levy (integrated with health insurance premiums).

FAQ

What percentage of the gross is a bonus's take-home pay?

Generally 75–85%. Social insurance premiums take about 15%, and income tax takes a few percent to over ten percent depending on the previous month's salary. The more overtime you did the previous month, the higher the income tax rate and the lower the take-home ratio.

Is residence tax deducted from a bonus?

No. Because residence tax works by withholding the annual tax amount on the prior year's income from monthly salary split into 12 from June to the following May, there is no collection from a bonus.

The income tax on my bonus seems too high. Am I losing out?

You are not losing out. The withholding on a bonus is a provisional prepayment determined mechanically from "the previous month's salary," and the accurate annual tax amount is recalculated in the year-end adjustment, with any over-deducted portion refunded in December.

How much is the take-home pay on a ¥1 million bonus?

It varies by conditions, but social insurance premiums of about ¥150,000 plus income tax (about ¥60,000–150,000 depending on the previous month's salary) are deducted, so take-home is generally about ¥750,000–800,000. The exact figure is calculated from your employer's premium rates and the previous month's salary.

Data sources

* Health insurance rates differ by Kyokai Kenpo prefecture and by health insurance association. The calculation examples in this article are estimates; for exact amounts, please check with your employer's payroll staff or your insurer.