Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
21,142,951 kr
Direct Federal Tax 12,11%
- 2,351,688 kr
Communal tax
- 4,424,534 kr
Church tax
- 97,029 kr
Top bracket tax
- 2,834,852 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 9,709,240 kr
Net pay
* 11,433,711 kr
Marginal tax rate
46.4%
Average tax rate
45.9%
54.1%
Net pay
45.9%
Total tax
Total tax
Net pay
Summary
If you make 21,142,951 kr a year living in the region of Frederiksberg, Denmark, you will be taxed 9,709,240 kr. That means that your net pay will be 11,433,711 kr per year, or 952,809 kr per month. Your average tax rate is 45.9% and your marginal tax rate is 46.4%. 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 46.36 kr, hence, your net pay will only increase by 53.64 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 536 kr of net incomes. A 5,000 kr bonus will generate an extra 2,682 kr of net incomes.
NOTE* Withholding is calculated based on the Frederiksberg 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.