Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,000 kr
Direct Federal Tax 12,11%
- 111 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 1,247 kr
Net pay
* 34.15 kr
Marginal tax rate
16.3%
Average tax rate
97.3%
2.7%
Net pay
97.3%
Total tax
Total tax
Net pay
Summary
If you make 1,000 kr a year living in the region of Faxe, Denmark, you will be taxed 1,247 kr. That means that your net pay will be 34.15 kr per year, or 2.85 kr per month. Your average tax rate is 97.3% and your marginal tax rate is 16.3%. 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 16.34 kr, hence, your net pay will only increase by 83.66 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 Faxe 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.