Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
840,000 kr
Direct Federal Tax 12,11%
- 93,432 kr
Communal tax
- 187,601 kr
Church tax
- 7,853 kr
Top bracket tax
- 31,239 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 321,260 kr
Net pay
* 518,740 kr
Marginal tax rate
48.9%
Average tax rate
38.2%
61.8%
Net pay
38.2%
Total tax
Total tax
Net pay
The Taxberg
518,740 kr
Net pay
13,922 kr
Tax the employer pays
321,260 kr
Tax you pay
Total tax paid
335,182 kr
Did you know your employer also pays tax on your salary? It costs the employer 13,922 kr to pay you 840,000 kr. In other words, every time you spend 10 kr of your hard-earned money, 3.99 kr goes to the government.
Real tax rate
39.3%
So, with you and the employer both paying tax, what used to be a 38.2% tax rate now rises to 39.3%, meaning your real tax rate is actually 1.1% higher than what it seemed at first.
Summary
If you make 840,000 kr a year living in the region of Faxe, Denmark, you will be taxed 321,260 kr. That means that your net pay will be 518,740 kr per year, or 43,228 kr per month. Your average tax rate is 38.3% and your marginal tax rate is 48.9%. 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 48.90 kr, hence, your net pay will only increase by 51.10 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 511 kr of net incomes. A 5,000 kr bonus will generate an extra 2,555 kr of net incomes.
Compare average tax
Europe
Country 
Net pay
Average tax
Rank
Russia
DKK 730800
13.0%
1
Hungary
DKK 684600
18.5%
2
Ukraine
DKK 676200
19.5%
3
Czech Republic
DKK 639394
23.9%
4
Switzerland
DKK 637131
24.2%
5
United Kingdom
DKK 559596
33.4%
6
France
DKK 555052
33.9%
7
Norway
DKK 536596
36.1%
8
Spain
DKK 529457
37.0%
9
Denmark
DKK 520699
38.0%
10
Austria
DKK 511497
39.1%
11
Ireland
DKK 507052
39.6%
12
Poland
DKK 502794
40.1%
13
Romania
DKK 491400
41.5%
14
Netherlands
DKK 488537
41.8%
15
Sweden
DKK 486986
42.0%
16
Greece
DKK 484813
42.3%
17
Luxembourg
DKK 467558
44.3%
18
Germany
DKK 456885
45.6%
19
Italy
DKK 432133
48.6%
20
Finland
DKK 416628
50.4%
21
Portugal
DKK 386060
54.0%
22
Belgium
DKK 352093
58.1%
23
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North America
Country 
Net pay
Average tax
Rank
USA
DKK 589213
29.9%
1
Canada
DKK 539891
35.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
DKK 720208
14.3%
1
Kazakhstan
DKK 708326
15.7%
2
Singapore
DKK 691160
17.7%
3
Taiwan
DKK 662664
21.1%
4
China
DKK 635376
24.4%
5
Thailand
DKK 634132
24.5%
6
South Korea
DKK 595669
29.1%
7
Indonesia
DKK 593892
29.3%
8
New Zealand
DKK 587057
30.1%
9
Australia
DKK 579919
31.0%
10
Pakistan
DKK 577334
31.3%
11
Japan
DKK 576666
31.4%
12
Philippines
DKK 569009
32.3%
13
Malaysia
DKK 568398
32.3%
14
Vietnam
DKK 557503
33.6%
15
India
DKK 459500
45.3%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
DKK 748909
10.8%
1
Costa Rica
DKK 643266
23.4%
2
Chile
DKK 636553
24.2%
3
Colombia
DKK 616431
26.6%
4
Uruguay
DKK 614206
26.9%
5
Brazil
DKK 612934
27.0%
6
Panama
DKK 607314
27.7%
7
Puerto Rico
DKK 589741
29.8%
8
Mexico
DKK 574824
31.6%
9
Ecuador
DKK 574798
31.6%
10
Peru
DKK 569734
32.2%
11
Argentina
DKK 545951
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
DKK 612313
27.1%
1
Kenya
DKK 591549
29.6%
2
Nigeria
DKK 572238
31.9%
3
Ivory Coast
DKK 564806
32.8%
4
Ghana
DKK 562646
33.0%
5
Mozambique
DKK 561488
33.2%
6
South Africa
DKK 531683
36.7%
7
Morocco
DKK 524856
37.5%
8
Cameroon
DKK 520065
38.1%
9
Zambia
DKK 518645
38.3%
10
Senegal
DKK 512011
39.1%
11
Uganda
DKK 487022
42.0%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
DKK 798000
5.0%
1
Qatar
DKK 798000
5.0%
2
Bahrain
DKK 772857
8.0%
3
Oman
DKK 772800
8.0%
4
Kuwait
DKK 765664
8.9%
5
Saudi Arabia
DKK 756000
10.0%
6
Egypt
DKK 631935
24.8%
7
Lebanon
DKK 631325
24.8%
8
Israel
DKK 561754
33.1%
9
Turkey
DKK 490566
41.6%
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.