Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
173,400 kr
Direct Federal Tax 12,11%
- 19,287 kr
Communal tax
- 33,212 kr
Church tax
- 1,232 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 54,866 kr
Net pay
* 118,534 kr
Marginal tax rate
31.4%
Average tax rate
31.6%
68.4%
Net pay
31.6%
Total tax
Total tax
Net pay
The Taxberg
118,534 kr
Net pay
13,922 kr
Tax the employer pays
54,866 kr
Tax you pay
Total tax paid
68,788 kr
Did you know your employer also pays tax on your salary? It costs the employer 13,922 kr to pay you 173,400 kr. In other words, every time you spend 10 kr of your hard-earned money, 3.97 kr goes to the government.
Real tax rate
36.7%
So, with you and the employer both paying tax, what used to be a 31.6% tax rate now rises to 36.7%, meaning your real tax rate is actually 5.1% higher than what it seemed at first.
Summary
If you make 173,400 kr a year living in the region of Billund, Denmark, you will be taxed 54,866 kr. That means that your net pay will be 118,534 kr per year, or 9,878 kr per month. Your average tax rate is 31.6% and your marginal tax rate is 31.4%. 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 31.37 kr, hence, your net pay will only increase by 68.63 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 686 kr of net incomes. A 5,000 kr bonus will generate an extra 3,432 kr of net incomes.
Europe
Country 
Net pay
Average tax
Rank
Switzerland
DKK 157021
9.5%
1
Ireland
DKK 155462
10.3%
2
United Kingdom
DKK 153378
11.6%
3
Russia
DKK 150858
13.0%
4
France
DKK 147804
14.8%
5
Norway
DKK 143898
17.0%
6
Luxembourg
DKK 141805
18.2%
7
Hungary
DKK 141321
18.5%
8
Austria
DKK 140754
18.8%
9
Ukraine
DKK 139587
19.5%
10
Spain
DKK 139151
19.8%
11
Czech Republic
DKK 137383
20.8%
12
Italy
DKK 127157
26.7%
13
Germany
DKK 125876
27.4%
14
Greece
DKK 125423
27.7%
15
Sweden
DKK 125237
27.8%
16
Poland
DKK 119453
31.1%
17
Denmark
DKK 116237
33.0%
18
Finland
DKK 114946
33.7%
19
Portugal
DKK 112344
35.2%
20
Netherlands
DKK 109118
37.1%
21
Belgium
DKK 104706
39.6%
22
Romania
DKK 101439
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
DKK 144933
16.4%
1
Canada
DKK 128805
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
DKK 163550
5.7%
1
Taiwan
DKK 155642
10.2%
2
Thailand
DKK 154413
11.0%
3
Australia
DKK 152868
11.8%
4
South Korea
DKK 145823
15.9%
5
New Zealand
DKK 144735
16.5%
6
Pakistan
DKK 140810
18.8%
7
Indonesia
DKK 139881
19.3%
8
Kazakhstan
DKK 138620
20.1%
9
Malaysia
DKK 137889
20.5%
10
Japan
DKK 137612
20.6%
11
Singapore
DKK 137122
20.9%
12
Philippines
DKK 132213
23.8%
13
Vietnam
DKK 127194
26.7%
14
China
DKK 121994
29.7%
15
India
DKK 114710
33.9%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
DKK 156774
9.6%
1
Puerto Rico
DKK 153949
11.2%
2
Costa Rica
DKK 153847
11.3%
3
Ecuador
DKK 149531
13.8%
4
Colombia
DKK 144870
16.5%
5
Panama
DKK 142743
17.7%
6
Chile
DKK 139858
19.3%
7
Mexico
DKK 136098
21.5%
8
Peru
DKK 133053
23.3%
9
Brazil
DKK 129649
25.2%
10
Uruguay
DKK 126089
27.3%
11
Argentina
DKK 112661
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
DKK 139088
19.8%
1
Mozambique
DKK 127947
26.2%
2
Angola
DKK 127362
26.6%
3
Kenya
DKK 124929
28.0%
4
Ivory Coast
DKK 121719
29.8%
5
Ghana
DKK 121690
29.8%
6
Morocco
DKK 120904
30.3%
7
Nigeria
DKK 118817
31.5%
8
Uganda
DKK 114769
33.8%
9
Cameroon
DKK 114206
34.1%
10
Senegal
DKK 112051
35.4%
11
Zambia
DKK 108686
37.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
DKK 164730
5.0%
1
Qatar
DKK 164730
5.0%
2
Bahrain
DKK 159528
8.0%
3
Oman
DKK 159528
8.0%
4
Saudi Arabia
DKK 156060
10.0%
5
Kuwait
DKK 154326
11.0%
6
Israel
DKK 147415
15.0%
7
Egypt
DKK 131985
23.9%
8
Lebanon
DKK 131375
24.2%
9
Turkey
DKK 102020
41.2%
10
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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.