Summary
If you make 118,826 kr a year living in the region of Albertslund, Denmark, you will be taxed 39,165 kr. That means that your net pay will be 79,661 kr per year, or 6,638 kr per month. Your average tax rate is 33.0% and your marginal tax rate is 32.6%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 kr in your salary will be taxed 32.60 kr, hence, your net pay will only increase by 67.40 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 674 kr of net incomes. A 5,000 kr bonus will generate an extra 3,370 kr of net incomes.