Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,820 kr
Direct Federal Tax 12,11%
- 202 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 1,338 kr
Net pay
* 501 kr
Marginal tax rate
13.8%
Average tax rate
72.8%
27.2%
Net pay
72.8%
Total tax
Total tax
Net pay
Summary
If you make 1,820 kr a year living in the region of Faaborg-Midtfyn, Denmark, you will be taxed 1,338 kr. That means that your net pay will be 501 kr per year, or 41.74 kr per month. Your average tax rate is 72.8% and your marginal tax rate is 13.8%. 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 13.77 kr, hence, your net pay will only increase by 86.23 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 862 kr of net incomes. A 5,000 kr bonus will generate an extra 4,312 kr of net incomes.
NOTE* Withholding is calculated based on the Faaborg-Midtfyn 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.