Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
119,500 kr
Direct Federal Tax 12,11%
- 13,292 kr
Communal tax
- 24,390 kr
Church tax
- 1,021 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 39,839 kr
Net pay
* 79,661 kr
Marginal tax rate
33.0%
Average tax rate
33.3%
66.7%
Net pay
33.3%
Total tax
Total tax
Net pay
The Taxberg
79,661 kr
Net pay
13,922 kr
Tax the employer pays
39,839 kr
Tax you pay
Total tax paid
53,760 kr
Did you know your employer also pays tax on your salary? It costs the employer 13,922 kr to pay you 119,500 kr. In other words, every time you spend 10 kr of your hard-earned money, 4.50 kr goes to the government.
Real tax rate
40.3%
So, with you and the employer both paying tax, what used to be a 33.3% tax rate now rises to 40.3%, meaning your real tax rate is actually 7% higher than what it seemed at first.
Summary
If you make 119,500 kr a year living in the region of Faxe, Denmark, you will be taxed 39,839 kr. That means that your net pay will be 79,661 kr per year, or 6,638 kr per month. Your average tax rate is 33.3% and your marginal tax rate is 33.0%. 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 32.99 kr, hence, your net pay will only increase by 67.01 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 670 kr of net incomes. A 5,000 kr bonus will generate an extra 3,351 kr of net incomes.
Compare average tax
Europe
Country 
Net pay
Average tax
Rank
Ireland
DKK 118453
0.9%
1
United Kingdom
DKK 117400
1.8%
2
Switzerland
DKK 110688
7.4%
3
Spain
DKK 105216
12.0%
4
France
DKK 104469
12.6%
5
Russia
DKK 103965
13.0%
6
Norway
DKK 103798
13.1%
7
Luxembourg
DKK 102003
14.6%
8
Austria
DKK 101000
15.5%
9
Czech Republic
DKK 97497
18.4%
10
Hungary
DKK 97392
18.5%
11
Italy
DKK 96504
19.2%
12
Ukraine
DKK 96198
19.5%
13
Germany
DKK 94463
21.0%
14
Greece
DKK 89745
24.9%
15
Sweden
DKK 89118
25.4%
16
Poland
DKK 85035
28.8%
17
Portugal
DKK 81209
32.0%
18
Finland
DKK 80128
33.0%
19
Denmark
DKK 79973
33.1%
20
Belgium
DKK 78852
34.0%
21
Netherlands
DKK 75203
37.1%
22
Romania
DKK 69908
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
DKK 103927
13.0%
1
Canada
DKK 89221
25.3%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
DKK 113450
5.1%
1
Australia
DKK 111468
6.7%
2
Thailand
DKK 109613
8.3%
3
Taiwan
DKK 108940
8.8%
4
South Korea
DKK 103679
13.2%
5
Pakistan
DKK 102037
14.6%
6
New Zealand
DKK 101017
15.5%
7
Indonesia
DKK 100387
16.0%
8
Malaysia
DKK 100354
16.0%
9
Japan
DKK 96414
19.3%
10
Philippines
DKK 95552
20.0%
11
Singapore
DKK 95341
20.2%
12
Kazakhstan
DKK 94961
20.5%
13
Vietnam
DKK 90871
24.0%
14
China
DKK 84399
29.4%
15
India
DKK 84095
29.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
DKK 108042
9.6%
1
Puerto Rico
DKK 107946
9.7%
2
Costa Rica
DKK 106953
10.5%
3
Ecuador
DKK 106417
11.0%
4
Colombia
DKK 104960
12.2%
5
Panama
DKK 101967
14.7%
6
Chile
DKK 97258
18.6%
7
Mexico
DKK 96557
19.2%
8
Peru
DKK 92493
22.6%
9
Uruguay
DKK 91785
23.2%
10
Brazil
DKK 90571
24.2%
11
Argentina
DKK 77626
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
DKK 101012
15.5%
1
Mozambique
DKK 89903
24.8%
2
Angola
DKK 88150
26.2%
3
Morocco
DKK 87735
26.6%
4
Kenya
DKK 87199
27.0%
5
Ivory Coast
DKK 86240
27.8%
6
Ghana
DKK 86035
28.0%
7
Nigeria
DKK 82154
31.3%
8
Cameroon
DKK 81394
31.9%
9
Uganda
DKK 79734
33.3%
10
Senegal
DKK 78887
34.0%
11
Zambia
DKK 75538
36.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
DKK 113525
5.0%
1
Qatar
DKK 113525
5.0%
2
Bahrain
DKK 109940
8.0%
3
Oman
DKK 109940
8.0%
4
Saudi Arabia
DKK 107550
10.0%
5
Kuwait
DKK 106355
11.0%
6
Israel
DKK 103786
13.2%
7
Egypt
DKK 91560
23.4%
8
Lebanon
DKK 90950
23.9%
9
Turkey
DKK 67933
43.2%
10
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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.