Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,440 kr
Direct Federal Tax 12,11%
- 160 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 1,296 kr
Net pay
* 285 kr
Marginal tax rate
16.3%
Average tax rate
82.0%
18.0%
Net pay
82.0%
Total tax
Total tax
Net pay
Summary
If you make 1,440 kr a year living in the region of Favrskov, Denmark, you will be taxed 1,296 kr. That means that your net pay will be 285 kr per year, or 23.72 kr per month. Your average tax rate is 82.0% and your marginal tax rate is 16.4%. 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 16.35 kr, hence, your net pay will only increase by 83.65 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 837 kr of net incomes. A 5,000 kr bonus will generate an extra 4,183 kr of net incomes.
NOTE* Withholding is calculated based on the Favrskov 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.