Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
122,000 kr
Direct Federal Tax 12,11%
- 13,570 kr
Communal tax
- 24,915 kr
Church tax
- 1,043 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 40,663 kr
Net pay
* 81,337 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
81,337 kr
Net pay
13,922 kr
Tax the employer pays
40,663 kr
Tax you pay
Total tax paid
54,585 kr
Did you know your employer also pays tax on your salary? It costs the employer 13,922 kr to pay you 122,000 kr. In other words, every time you spend 10 kr of your hard-earned money, 4.47 kr goes to the government.
Real tax rate
40.2%
So, with you and the employer both paying tax, what used to be a 33.3% tax rate now rises to 40.2%, meaning your real tax rate is actually 6.9% higher than what it seemed at first.
Summary
If you make 122,000 kr a year living in the region of Faxe, Denmark, you will be taxed 40,663 kr. That means that your net pay will be 81,337 kr per year, or 6,778 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 32.98 kr, hence, your net pay will only increase by 67.02 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
Tax per region
Region
Net pay
Average tax
Rank
Frederiksberg
DKK 84794
30.5%
1
Rudersdal
DKK 84446
30.8%
2
Tårnby
DKK 84398
30.8%
3
Gladsaxe
DKK 83780
31.3%
4
Hørsholm
DKK 83809
31.3%
5
Vejle
DKK 83838
31.3%
6
Gentofte
DKK 83732
31.4%
7
Glostrup
DKK 83732
31.4%
8
Herlev
DKK 83683
31.4%
9
Københavns
DKK 83538
31.5%
10
Allerød
DKK 83268
31.7%
11
Billund
DKK 83258
31.8%
12
Lyngby-Taarbæk
DKK 83162
31.8%
13
Brøndby
DKK 83056
31.9%
14
Greve
DKK 83104
31.9%
15
Aarhus
DKK 82901
32.0%
16
Kalundborg
DKK 82949
32.0%
17
Dragør
DKK 82756
32.2%
18
Furesø
DKK 82718
32.2%
19
Høje-Taastrup
DKK 82766
32.2%
20
Solrød
DKK 82476
32.4%
21
Herning
DKK 82293
32.5%
22
Køge
DKK 82409
32.5%
23
Fredensborg
DKK 82283
32.6%
24
Ishøj
DKK 82283
32.6%
25
Næstved
DKK 82206
32.6%
26
Ikast-Brande
DKK 82119
32.7%
27
Odder
DKK 82138
32.7%
28
Ringkøbing-Skjern
DKK 82138
32.7%
29
Roskilde
DKK 82148
32.7%
30
Slagelse
DKK 82129
32.7%
31
Varde
DKK 82138
32.7%
32
Ballerup
DKK 81974
32.8%
33
Gribskov
DKK 81945
32.8%
34
Helsingør
DKK 82042
32.8%
35
Holbæk
DKK 81935
32.8%
36
Horsens
DKK 81993
32.8%
37
Hvidovre
DKK 81974
32.8%
38
Odense
DKK 82022
32.8%
39
Vejen
DKK 81935
32.8%
40
Vordingborg
DKK 81974
32.8%
41
Aalborg
DKK 81820
32.9%
42
Fredericia
DKK 81820
32.9%
43
Hedensted
DKK 81820
32.9%
44
Lejre
DKK 81839
32.9%
45
Albertslund
DKK 81800
33.0%
46
Egedal
DKK 81742
33.0%
47
Kolding
DKK 81781
33.0%
48
Rødovre
DKK 81781
33.0%
49
Silkeborg
DKK 81752
33.0%
50
Struer
DKK 81704
33.0%
51
Tønder
DKK 81742
33.0%
52
Vallensbæk
DKK 81800
33.0%
53
Viborg
DKK 81771
33.0%
54
Aabenraa
DKK 81655
33.1%
55
Esbjerg
DKK 81597
33.1%
56
Fanø
DKK 81636
33.1%
57
Halsnæs
DKK 81655
33.1%
58
Hillerød
DKK 81665
33.1%
59
Holstebro
DKK 81626
33.1%
60
Lemvig
DKK 81588
33.1%
61
Rebild
DKK 81675
33.1%
62
Skive
DKK 81617
33.1%
63
Sønderborg
DKK 81597
33.1%
64
Favrskov
DKK 81549
33.2%
65
Frederikssund
DKK 81453
33.2%
66
Middelfart
DKK 81510
33.2%
67
Randers
DKK 81520
33.2%
68
Thisted
DKK 81443
33.2%
69
Faxe
DKK 81337
33.3%
70
Jammerbugt
DKK 81317
33.3%
71
Skanderborg
DKK 81414
33.3%
72
Syddjurs
DKK 81317
33.3%
73
Guldborgsund
DKK 81259
33.4%
74
Morsø
DKK 81221
33.4%
75
Assens
DKK 81144
33.5%
76
Bornholms Regionskommune
DKK 81095
33.5%
77
Faaborg-Midtfyn
DKK 81076
33.5%
78
Kerteminde -
DKK 81144
33.5%
79
Mariagerfjord
DKK 81173
33.5%
80
Norddjurs
DKK 81124
33.5%
81
Nordfyns
DKK 81182
33.5%
82
Ringsted
DKK 81173
33.5%
83
Samsø
DKK 81105
33.5%
84
Stevns
DKK 81124
33.5%
85
Frederikshavn
DKK 80999
33.6%
86
Haderslev
DKK 80979
33.6%
87
ODSHERRED
DKK 80950
33.6%
88
Sorø
DKK 80979
33.6%
89
Ærø
DKK 81057
33.6%
90
Brønderslev
DKK 80854
33.7%
91
Hjørring
DKK 80941
33.7%
92
Nyborg
DKK 80931
33.7%
93
Svendborg
DKK 80912
33.7%
94
Langeland
DKK 80796
33.8%
95
Lolland
DKK 80709
33.8%
96
Vesthimmerlands
DKK 80757
33.8%
97
Læsø
DKK 80641
33.9%
98
Christiansø
DKK 116274
4.7%
99
Show more
Europe
Country 
Net pay
Average tax
Rank
Ireland
DKK 120903
0.9%
1
United Kingdom
DKK 119069
2.4%
2
Switzerland
DKK 112903
7.5%
3
France
DKK 106479
12.7%
4
Spain
DKK 106431
12.8%
5
Russia
DKK 106140
13.0%
6
Norway
DKK 105782
13.3%
7
Luxembourg
DKK 103921
14.8%
8
Austria
DKK 103107
15.5%
9
Hungary
DKK 99430
18.5%
10
Czech Republic
DKK 99347
18.6%
11
Ukraine
DKK 98210
19.5%
12
Italy
DKK 97926
19.7%
13
Germany
DKK 96030
21.3%
14
Greece
DKK 91419
25.1%
15
Sweden
DKK 90794
25.6%
16
Poland
DKK 86631
29.0%
17
Portugal
DKK 82721
32.2%
18
Finland
DKK 81830
32.9%
19
Denmark
DKK 81655
33.1%
20
Belgium
DKK 80177
34.3%
21
Netherlands
DKK 76775
37.1%
22
Romania
DKK 71370
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
DKK 105860
13.2%
1
Canada
DKK 90924
25.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
DKK 115811
5.1%
1
Australia
DKK 113281
7.2%
2
Thailand
DKK 111738
8.4%
3
Taiwan
DKK 111113
8.9%
4
South Korea
DKK 105634
13.4%
5
Pakistan
DKK 103912
14.8%
6
New Zealand
DKK 103045
15.5%
7
Indonesia
DKK 102353
16.1%
8
Malaysia
DKK 102261
16.2%
9
Japan
DKK 98337
19.4%
10
Singapore
DKK 97293
20.3%
11
Philippines
DKK 97293
20.3%
12
Kazakhstan
DKK 96986
20.5%
13
Vietnam
DKK 92611
24.1%
14
China
DKK 86143
29.4%
15
India
DKK 85515
29.9%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
DKK 110302
9.6%
1
Puerto Rico
DKK 110079
9.8%
2
Costa Rica
DKK 109190
10.5%
3
Ecuador
DKK 108455
11.1%
4
Colombia
DKK 106878
12.4%
5
Panama
DKK 103859
14.9%
6
Chile
DKK 99235
18.7%
7
Mexico
DKK 98400
19.3%
8
Peru
DKK 94374
22.6%
9
Uruguay
DKK 93178
23.6%
10
Brazil
DKK 92384
24.3%
11
Argentina
DKK 79251
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
DKK 102862
15.7%
1
Mozambique
DKK 91703
24.8%
2
Angola
DKK 89968
26.3%
3
Morocco
DKK 89348
26.8%
4
Kenya
DKK 88949
27.1%
5
Ivory Coast
DKK 87886
28.0%
6
Ghana
DKK 87689
28.1%
7
Nigeria
DKK 83855
31.3%
8
Cameroon
DKK 82911
32.0%
9
Uganda
DKK 81359
33.3%
10
Senegal
DKK 80456
34.1%
11
Zambia
DKK 77075
36.8%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
DKK 115900
5.0%
1
Qatar
DKK 115900
5.0%
2
Bahrain
DKK 112240
8.0%
3
Oman
DKK 112240
8.0%
4
Saudi Arabia
DKK 109800
10.0%
5
Kuwait
DKK 108580
11.0%
6
Israel
DKK 105957
13.2%
7
Egypt
DKK 93435
23.4%
8
Lebanon
DKK 92825
23.9%
9
Turkey
DKK 69514
43.0%
10
Show more
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.