Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
147,420 kr
Direct Federal Tax 12,11%
- 16,397 kr
Communal tax
- 30,250 kr
Church tax
- 1,266 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 49,049 kr
Net pay
* 98,371 kr
Marginal tax rate
33.0%
Average tax rate
33.3%
66.7%
Net pay
33.3%
Total tax
Total tax
Net pay
Summary
If you make 147,420 kr a year living in the region of Faxe, Denmark, you will be taxed 49,049 kr. That means that your net pay will be 98,371 kr per year, or 8,198 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 138628
6.0%
1
United Kingdom
DKK 136037
7.7%
2
Switzerland
DKK 135454
8.1%
3
Russia
DKK 128255
13.0%
4
France
DKK 126916
13.9%
5
Norway
DKK 125751
14.7%
6
Luxembourg
DKK 123147
16.5%
7
Austria
DKK 122671
16.8%
8
Spain
DKK 121013
17.9%
9
Hungary
DKK 120147
18.5%
10
Ukraine
DKK 118673
19.5%
11
Czech Republic
DKK 118157
19.9%
12
Italy
DKK 112382
23.8%
13
Germany
DKK 111177
24.6%
14
Greece
DKK 108447
26.4%
15
Sweden
DKK 107825
26.9%
16
Poland
DKK 102863
30.2%
17
Finland
DKK 98813
33.0%
18
Denmark
DKK 98758
33.0%
19
Portugal
DKK 98101
33.5%
20
Belgium
DKK 93650
36.5%
21
Netherlands
DKK 92770
37.1%
22
Romania
DKK 86241
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
DKK 125338
15.0%
1
Canada
DKK 109546
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
DKK 139630
5.3%
1
Thailand
DKK 133193
9.7%
2
Taiwan
DKK 133183
9.7%
3
Australia
DKK 132344
10.2%
4
South Korea
DKK 125510
14.9%
5
New Zealand
DKK 123663
16.1%
6
Pakistan
DKK 122813
16.7%
7
Indonesia
DKK 120980
17.9%
8
Malaysia
DKK 120118
18.5%
9
Japan
DKK 117881
20.0%
10
Kazakhstan
DKK 117577
20.2%
11
Singapore
DKK 117101
20.6%
12
Philippines
DKK 114676
22.2%
13
Vietnam
DKK 109755
25.6%
14
China
DKK 103873
29.5%
15
India
DKK 99954
32.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
DKK 133285
9.6%
1
Costa Rica
DKK 131847
10.6%
2
Puerto Rico
DKK 131775
10.6%
3
Ecuador
DKK 128989
12.5%
4
Colombia
DKK 126188
14.4%
5
Panama
DKK 123089
16.5%
6
Chile
DKK 119344
19.1%
7
Mexico
DKK 117136
20.5%
8
Peru
DKK 113503
23.0%
9
Brazil
DKK 110813
24.8%
10
Uruguay
DKK 108445
26.4%
11
Argentina
DKK 95774
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
DKK 121110
17.9%
1
Mozambique
DKK 110005
25.4%
2
Angola
DKK 108461
26.4%
3
Kenya
DKK 106743
27.6%
4
Morocco
DKK 105160
28.7%
5
Ivory Coast
DKK 104618
29.0%
6
Ghana
DKK 104504
29.1%
7
Nigeria
DKK 101146
31.4%
8
Cameroon
DKK 98388
33.3%
9
Uganda
DKK 97882
33.6%
10
Senegal
DKK 96236
34.7%
11
Zambia
DKK 92708
37.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
DKK 140049
5.0%
1
Qatar
DKK 140049
5.0%
2
Bahrain
DKK 135626
8.0%
3
Oman
DKK 135626
8.0%
4
Saudi Arabia
DKK 132678
10.0%
5
Kuwait
DKK 131204
11.0%
6
Israel
DKK 127514
13.5%
7
Egypt
DKK 112500
23.7%
8
Lebanon
DKK 111890
24.1%
9
Turkey
DKK 85590
41.9%
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.