24,723 kr income tax calculator 2025 - Favrskov - salary after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
24,723 kr
Direct Federal Tax 12,11%
- 2,750 kr
Communal tax
- 4,480 kr
Church tax
- 167 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 8,534 kr
Net pay
* 16,189 kr
Marginal tax rate
32.8%
Average tax rate
34.5%
65.5%
Net pay
34.5%
Total tax
Total tax
Net pay
The Taxberg
16,189 kr
Net pay
13,922 kr
Tax the employer pays
8,534 kr
Tax you pay
Total tax paid
22,455 kr
Did you know your employer also pays tax on your salary? It costs the employer 13,922 kr to pay you 24,723 kr. In other words, every time you spend 10 kr of your hard-earned money, 9.08 kr goes to the government.
Real tax rate
58.1%
So, with you and the employer both paying tax, what used to be a 34.5% tax rate now rises to 58.1%, meaning your real tax rate is actually 23.6% higher than what it seemed at first.
Summary
If you make 24,723 kr a year living in the region of Favrskov, Denmark, you will be taxed 8,534 kr. That means that your net pay will be 16,189 kr per year, or 1,349 kr per month. Your average tax rate is 34.5% and your marginal tax rate is 32.8%. 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 32.80 kr, hence, your net pay will only increase by 67.20 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 672 kr of net incomes. A 5,000 kr bonus will generate an extra 3,360 kr of net incomes.
North America
Country 
Net pay
Average tax
Rank
USA
DKK 22582
8.7%
1
Canada
DKK 21308
13.8%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
DKK 23725
4.0%
1
Colombia
DKK 25009
7.3%
2
Brazil
DKK 22764
7.9%
3
Puerto Rico
DKK 22758
8.0%
4
Ecuador
DKK 22387
9.5%
5
Guatemala
DKK 22352
9.6%
6
Costa Rica
DKK 22127
10.5%
7
Panama
DKK 22003
11.0%
8
Peru
DKK 21633
12.5%
9
Chile
DKK 20372
17.6%
10
Uruguay
DKK 19989
19.2%
11
Argentina
DKK 18030
27.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
DKK 24476
1.0%
1
Morocco
DKK 22871
7.5%
2
Kenya
DKK 21193
14.3%
3
Ivory Coast
DKK 20843
15.7%
4
Cameroon
DKK 20824
15.8%
5
Mozambique
DKK 20131
18.6%
6
Zambia
DKK 19795
19.9%
7
Ghana
DKK 19363
21.7%
8
Angola
DKK 18862
23.7%
9
Senegal
DKK 18246
26.2%
10
Uganda
DKK 18138
26.6%
11
Nigeria
DKK 17687
28.5%
12
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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.