Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
132,080 kr
Direct Federal Tax 12,11%
- 14,691 kr
Communal tax
- 27,030 kr
Church tax
- 1,132 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 43,989 kr
Net pay
* 88,091 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
88,091 kr
Net pay
13,922 kr
Tax the employer pays
43,989 kr
Tax you pay
Total tax paid
57,910 kr
Did you know your employer also pays tax on your salary? It costs the employer 13,922 kr to pay you 132,080 kr. In other words, every time you spend 10 kr of your hard-earned money, 4.38 kr goes to the government.
Real tax rate
39.7%
So, with you and the employer both paying tax, what used to be a 33.3% tax rate now rises to 39.7%, meaning your real tax rate is actually 6.4% higher than what it seemed at first.
Summary
If you make 132,080 kr a year living in the region of Faxe, Denmark, you will be taxed 43,989 kr. That means that your net pay will be 88,091 kr per year, or 7,341 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.
North America
Country 
Net pay
Average tax
Rank
USA
DKK 113656
14.0%
1
Canada
DKK 98175
25.7%
2
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.