Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
127,512 kr
Direct Federal Tax 12,11%
- 14,183 kr
Communal tax
- 26,072 kr
Church tax
- 1,091 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 42,482 kr
Net pay
* 85,030 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
85,030 kr
Net pay
13,922 kr
Tax the employer pays
42,482 kr
Tax you pay
Total tax paid
56,403 kr
Did you know your employer also pays tax on your salary? It costs the employer 13,922 kr to pay you 127,512 kr. In other words, every time you spend 10 kr of your hard-earned money, 4.42 kr goes to the government.
Real tax rate
39.9%
So, with you and the employer both paying tax, what used to be a 33.3% tax rate now rises to 39.9%, meaning your real tax rate is actually 6.6% higher than what it seemed at first.
Summary
If you make 127,512 kr a year living in the region of Faxe, Denmark, you will be taxed 42,482 kr. That means that your net pay will be 85,030 kr per year, or 7,086 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.
Europe
Country 
Net pay
Average tax
Rank
Ireland
DKK 126161
1.1%
1
United Kingdom
DKK 122748
3.7%
2
Switzerland
DKK 117788
7.6%
3
Russia
DKK 110935
13.0%
4
France
DKK 110910
13.0%
5
Norway
DKK 110156
13.6%
6
Spain
DKK 109038
14.5%
7
Luxembourg
DKK 108145
15.2%
8
Austria
DKK 107753
15.5%
9
Hungary
DKK 103922
18.5%
10
Czech Republic
DKK 103426
18.9%
11
Ukraine
DKK 102647
19.5%
12
Italy
DKK 101060
20.7%
13
Germany
DKK 99470
22.0%
14
Greece
DKK 95112
25.4%
15
Sweden
DKK 94487
25.9%
16
Poland
DKK 90151
29.3%
17
Portugal
DKK 86056
32.5%
18
Finland
DKK 85582
32.9%
19
Denmark
DKK 85364
33.1%
20
Belgium
DKK 83099
34.8%
21
Netherlands
DKK 80242
37.1%
22
Romania
DKK 74595
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
DKK 110123
13.6%
1
Canada
DKK 94788
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
DKK 121016
5.1%
1
Australia
DKK 117280
8.0%
2
Thailand
DKK 116423
8.7%
3
Taiwan
DKK 115902
9.1%
4
South Korea
DKK 109944
13.8%
5
Pakistan
DKK 108046
15.3%
6
New Zealand
DKK 107515
15.7%
7
Indonesia
DKK 106497
16.5%
8
Malaysia
DKK 106292
16.6%
9
Japan
DKK 102575
19.6%
10
Singapore
DKK 101596
20.3%
11
Kazakhstan
DKK 101451
20.4%
12
Philippines
DKK 101132
20.7%
13
Vietnam
DKK 96391
24.4%
14
China
DKK 89987
29.4%
15
India
DKK 88646
30.5%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
DKK 115286
9.6%
1
Puerto Rico
DKK 114784
10.0%
2
Costa Rica
DKK 114123
10.5%
3
Ecuador
DKK 112947
11.4%
4
Colombia
DKK 111108
12.9%
5
Panama
DKK 108029
15.3%
6
Chile
DKK 103596
18.8%
7
Mexico
DKK 102462
19.6%
8
Peru
DKK 98522
22.7%
9
Brazil
DKK 96380
24.4%
10
Uruguay
DKK 96249
24.5%
11
Argentina
DKK 82834
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
DKK 106941
16.1%
1
Mozambique
DKK 95671
25.0%
2
Angola
DKK 93978
26.3%
3
Kenya
DKK 92807
27.2%
4
Morocco
DKK 92782
27.2%
5
Ivory Coast
DKK 91514
28.2%
6
Ghana
DKK 91335
28.4%
7
Nigeria
DKK 87604
31.3%
8
Cameroon
DKK 86267
32.4%
9
Uganda
DKK 84942
33.4%
10
Senegal
DKK 83882
34.2%
11
Zambia
DKK 80465
36.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
DKK 121136
5.0%
1
Qatar
DKK 121136
5.0%
2
Bahrain
DKK 117311
8.0%
3
Oman
DKK 117311
8.0%
4
Saudi Arabia
DKK 114761
10.0%
5
Kuwait
DKK 113486
11.0%
6
Israel
DKK 110743
13.2%
7
Egypt
DKK 97569
23.5%
8
Lebanon
DKK 96959
24.0%
9
Turkey
DKK 73000
42.8%
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.