Salary Rate
Year
Month
Semimonthly
Week
Day
Hour
Withholding
Salary
300,000,- kr
Direct Federal Tax 12,11%
- 33,424,- kr
Communal tax
- 58,056,- kr
Church tax
- 2,153,- kr
Other
- 6,795,- kr
Total tax
- 100,428,- kr
Net pay
* 199,572,- kr
Marginal tax rate
39.4%
Average tax rate
33.5%
66.5%
Net pay
33.5%
Total tax
Total tax
Net pay
Summary
If you make 300,000,- kr a year living in the region of Billund, Denmark, you will be taxed 100,428, kr. That means that your net pay will be 199,572,- kr per year, or 16,631,- kr per month. Your average tax rate is 33.5% and your marginal tax rate is 39.4%. 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 39.43,- kr, hence, your net pay will only increase by 60.57,- kr.
Bonus Example
A 1,000,- kr bonus will generate an extra 606,- kr of net incomes. A 5,000,- kr bonus will generate an extra 3,029,- kr of net incomes.
NOTE* Withholding is calculated based on the Billund tables of Denmark, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.