Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
40,404 kr
Direct Federal Tax 12,11%
- 4,494 kr
Communal tax
- 7,789 kr
Church tax
- 326 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 13,745 kr
Net pay
* 26,659 kr
Marginal tax rate
33.0%
Average tax rate
34.0%
66.0%
Net pay
34.0%
Total tax
Total tax
Net pay
Summary
If you make 40,404 kr a year living in the region of Faxe, Denmark, you will be taxed 13,745 kr. That means that your net pay will be 26,659 kr per year, or 2,222 kr per month. Your average tax rate is 34.0% 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
United Kingdom
DKK 40404
0.0%
1
Austria
DKK 40404
0.0%
2
Ireland
DKK 40404
0.0%
3
Norway
DKK 40231
0.4%
4
Spain
DKK 37838
6.4%
5
Switzerland
DKK 37466
7.3%
6
Germany
DKK 36731
9.1%
7
Italy
DKK 36691
9.2%
8
France
DKK 36485
9.7%
9
Czech Republic
DKK 35960
11.0%
10
Luxembourg
DKK 35939
11.1%
11
Russia
DKK 35151
13.0%
12
Hungary
DKK 32929
18.5%
13
Ukraine
DKK 32525
19.5%
14
Sweden
DKK 32515
19.5%
15
Poland
DKK 31727
21.5%
16
Greece
DKK 31576
21.9%
17
Portugal
DKK 30081
25.6%
18
Finland
DKK 27980
30.8%
19
Belgium
DKK 27475
32.0%
20
Denmark
DKK 26759
33.8%
21
Netherlands
DKK 25425
37.1%
22
Romania
DKK 23636
41.5%
23
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Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
DKK 40404
0.0%
1
Hong Kong
DKK 40404
0.0%
2
Pakistan
DKK 38684
4.3%
3
Thailand
DKK 38172
5.5%
4
Philippines
DKK 37083
8.2%
5
Taiwan
DKK 36828
8.9%
6
Indonesia
DKK 35933
11.1%
7
South Korea
DKK 35779
11.5%
8
Malaysia
DKK 35647
11.8%
9
New Zealand
DKK 35600
11.9%
10
India
DKK 35498
12.1%
11
Singapore
DKK 35061
13.2%
12
Vietnam
DKK 33229
17.8%
13
Japan
DKK 32832
18.7%
14
Kazakhstan
DKK 32000
20.8%
15
China
DKK 30374
24.8%
16
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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.