Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
592,800 kr
Direct Federal Tax 12,11%
- 65,936 kr
Communal tax
- 128,426 kr
Church tax
- 4,797 kr
Top bracket tax
- 815 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 201,110 kr
Net pay
* 391,690 kr
Marginal tax rate
38.1%
Average tax rate
33.9%
66.1%
Net pay
33.9%
Total tax
Total tax
Net pay
Summary
If you make 592,800 kr a year living in the region of Favrskov, Denmark, you will be taxed 201,110 kr. That means that your net pay will be 391,690 kr per year, or 32,641 kr per month. Your average tax rate is 33.9% and your marginal tax rate is 38.1%. 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 38.13 kr, hence, your net pay will only increase by 61.87 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 619 kr of net incomes. A 5,000 kr bonus will generate an extra 3,094 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.