Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
173,500 kr
Direct Federal Tax 12,11%
- 19,298 kr
Communal tax
- 35,724 kr
Church tax
- 1,495 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 57,653 kr
Net pay
* 115,847 kr
Marginal tax rate
33.0%
Average tax rate
33.2%
66.8%
Net pay
33.2%
Total tax
Total tax
Net pay
The Taxberg
115,847 kr
Net pay
13,922 kr
Tax the employer pays
57,653 kr
Tax you pay
Total tax paid
71,575 kr
Did you know your employer also pays tax on your salary? It costs the employer 13,922 kr to pay you 173,500 kr. In other words, every time you spend 10 kr of your hard-earned money, 4.13 kr goes to the government.
Real tax rate
38.2%
So, with you and the employer both paying tax, what used to be a 33.2% tax rate now rises to 38.2%, meaning your real tax rate is actually 5% higher than what it seemed at first.
Summary
If you make 173,500 kr a year living in the region of Faxe, Denmark, you will be taxed 57,653 kr. That means that your net pay will be 115,847 kr per year, or 9,654 kr per month. Your average tax rate is 33.2% 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 145009
16.4%
1
Canada
DKK 128879
25.7%
2
Africa
Country 
Net pay
Average tax
Rank
South Africa
DKK 139157
19.8%
1
Mozambique
DKK 128013
26.2%
2
Angola
DKK 127435
26.6%
3
Kenya
DKK 124999
28.0%
4
Ivory Coast
DKK 121785
29.8%
5
Ghana
DKK 121756
29.8%
6
Morocco
DKK 120965
30.3%
7
Nigeria
DKK 118885
31.5%
8
Uganda
DKK 114834
33.8%
9
Cameroon
DKK 114267
34.1%
10
Senegal
DKK 112111
35.4%
11
Zambia
DKK 108748
37.3%
12
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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.