Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
18,420,000 kr
Direct Federal Tax 12,11%
- 2,048,820 kr
Communal tax
- 4,056,177 kr
Church tax
- 150,417 kr
Top bracket tax
- 2,459,085 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 8,715,634 kr
Net pay
* 9,704,366 kr
Marginal tax rate
47.8%
Average tax rate
47.3%
52.7%
Net pay
47.3%
Total tax
Total tax
Net pay
The Taxberg
9,704,366 kr
Net pay
13,922 kr
Tax the employer pays
8,715,634 kr
Tax you pay
Total tax paid
8,729,556 kr
Did you know your employer also pays tax on your salary? It costs the employer 13,922 kr to pay you 18,420,000 kr. In other words, every time you spend 10 kr of your hard-earned money, 4.74 kr goes to the government.
Real tax rate
47.4%
So, with you and the employer both paying tax, what used to be a 47.3% tax rate now rises to 47.4%, meaning your real tax rate is actually 0.1% higher than what it seemed at first.
Summary
If you make 18,420,000 kr a year living in the region of Billund, Denmark, you will be taxed 8,715,634 kr. That means that your net pay will be 9,704,366 kr per year, or 808,697 kr per month. Your average tax rate is 47.3% and your marginal tax rate is 47.8%. 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 47.82 kr, hence, your net pay will only increase by 52.18 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 522 kr of net incomes. A 5,000 kr bonus will generate an extra 2,609 kr of net incomes.
Europe
Country 
Net pay
Average tax
Rank
Russia
DKK 16025400
13.0%
1
Hungary
DKK 15012300
18.5%
2
Ukraine
DKK 14828100
19.5%
3
Czech Republic
DKK 14175994
23.0%
4
Romania
DKK 10775700
41.5%
5
Poland
DKK 10620875
42.3%
6
Greece
DKK 10329613
43.9%
7
Switzerland
DKK 9937370
46.1%
8
Norway
DKK 9787976
46.9%
9
Luxembourg
DKK 9744111
47.1%
10
United Kingdom
DKK 9688410
47.4%
11
Spain
DKK 9665353
47.5%
12
Denmark
DKK 9525456
48.3%
13
Netherlands
DKK 9366437
49.2%
14
Italy
DKK 9334103
49.3%
15
Austria
DKK 9282231
49.6%
16
Sweden
DKK 9278662
49.6%
17
Germany
DKK 9024412
51.0%
18
Ireland
DKK 8945452
51.4%
19
France
DKK 7901898
57.1%
20
Belgium
DKK 6923480
62.4%
21
Finland
DKK 6889584
62.6%
22
Portugal
DKK 6693860
63.7%
23
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North America
Country 
Net pay
Average tax
Rank
USA
DKK 10063768
45.4%
1
Canada
DKK 8723770
52.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
DKK 16530326
10.3%
1
Hong Kong
DKK 15311608
16.9%
2
Singapore
DKK 14427653
21.7%
3
Indonesia
DKK 12477971
32.3%
4
Thailand
DKK 12069651
34.5%
5
Pakistan
DKK 12004334
34.8%
6
Vietnam
DKK 11984503
34.9%
7
Philippines
DKK 11485076
37.7%
8
New Zealand
DKK 11310857
38.6%
9
Taiwan
DKK 11228669
39.0%
10
Malaysia
DKK 11003891
40.3%
11
China
DKK 10330149
43.9%
12
Japan
DKK 10112320
45.1%
13
Australia
DKK 9897319
46.3%
14
South Korea
DKK 9818045
46.7%
15
India
DKK 3649217
80.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
DKK 16308633
11.5%
1
Brazil
DKK 13358434
27.5%
2
Costa Rica
DKK 12443841
32.4%
3
Panama
DKK 12341964
33.0%
4
Mexico
DKK 12006801
34.8%
5
Argentina
DKK 11972951
35.0%
6
Puerto Rico
DKK 11948392
35.1%
7
Colombia
DKK 11401024
38.1%
8
Uruguay
DKK 11378853
38.2%
9
Peru
DKK 11337484
38.5%
10
Chile
DKK 11222971
39.1%
11
Ecuador
DKK 10603575
42.4%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
DKK 13401763
27.2%
1
Kenya
DKK 12897549
30.0%
2
Ivory Coast
DKK 12560080
31.8%
3
Nigeria
DKK 12530154
32.0%
4
Ghana
DKK 12191816
33.8%
5
Mozambique
DKK 11988488
34.9%
6
Zambia
DKK 11330345
38.5%
7
Cameroon
DKK 11223648
39.1%
8
Morocco
DKK 11178125
39.3%
9
Senegal
DKK 11060011
40.0%
10
South Africa
DKK 10200683
44.6%
11
Uganda
DKK 10156022
44.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
DKK 18345664
0.4%
1
Saudi Arabia
DKK 18319102
0.6%
2
Bahrain
DKK 18173231
1.3%
3
United Arab Emirates
DKK 17499000
5.0%
4
Qatar
DKK 17499000
5.0%
5
Oman
DKK 16946400
8.0%
6
Egypt
DKK 13816935
25.0%
7
Lebanon
DKK 13816325
25.0%
8
Turkey
DKK 10729334
41.8%
9
Israel
DKK 9381592
49.1%
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.