Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
120,996 kr
Direct Federal Tax 12,11%
- 13,458 kr
Communal tax
- 25,087 kr
Church tax
- 986 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 40,667 kr
Net pay
* 80,329 kr
Marginal tax rate
33.3%
Average tax rate
33.6%
66.4%
Net pay
33.6%
Total tax
Total tax
Net pay
The Taxberg
80,329 kr
Net pay
13,922 kr
Tax the employer pays
40,667 kr
Tax you pay
Total tax paid
54,589 kr
Did you know your employer also pays tax on your salary? It costs the employer 13,922 kr to pay you 120,996 kr. In other words, every time you spend 10 kr of your hard-earned money, 4.51 kr goes to the government.
Real tax rate
40.5%
So, with you and the employer both paying tax, what used to be a 33.6% tax rate now rises to 40.5%, meaning your real tax rate is actually 6.9% higher than what it seemed at first.
Summary
If you make 120,996 kr a year living in the region of Frederikshavn, Denmark, you will be taxed 40,667 kr. That means that your net pay will be 80,329 kr per year, or 6,694 kr per month. Your average tax rate is 33.6% and your marginal tax rate is 33.3%. 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 33.27 kr, hence, your net pay will only increase by 66.73 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 667 kr of net incomes. A 5,000 kr bonus will generate an extra 3,337 kr of net incomes.
Europe
Country 
Net pay
Average tax
Rank
Ireland
DKK 119919
0.9%
1
United Kingdom
DKK 118399
2.2%
2
Switzerland
DKK 112014
7.4%
3
Spain
DKK 105943
12.4%
4
France
DKK 105672
12.7%
5
Russia
DKK 105267
13.0%
6
Norway
DKK 104985
13.2%
7
Luxembourg
DKK 103151
14.8%
8
Austria
DKK 102261
15.5%
9
Hungary
DKK 98612
18.5%
10
Czech Republic
DKK 98604
18.5%
11
Ukraine
DKK 97402
19.5%
12
Italy
DKK 97355
19.5%
13
Germany
DKK 95401
21.2%
14
Greece
DKK 90747
25.0%
15
Sweden
DKK 90121
25.5%
16
Poland
DKK 85990
28.9%
17
Portugal
DKK 82114
32.1%
18
Finland
DKK 81146
32.9%
19
Denmark
DKK 80980
33.1%
20
Belgium
DKK 79645
34.2%
21
Netherlands
DKK 76144
37.1%
22
Romania
DKK 70783
41.5%
23
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
DKK 109394
9.6%
1
Puerto Rico
DKK 109222
9.7%
2
Costa Rica
DKK 108291
10.5%
3
Ecuador
DKK 107637
11.0%
4
Colombia
DKK 106108
12.3%
5
Panama
DKK 103099
14.8%
6
Chile
DKK 98441
18.6%
7
Mexico
DKK 97660
19.3%
8
Peru
DKK 93619
22.6%
9
Uruguay
DKK 92619
23.5%
10
Brazil
DKK 91656
24.3%
11
Argentina
DKK 78599
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
DKK 102119
15.6%
1
Mozambique
DKK 90980
24.8%
2
Angola
DKK 89238
26.3%
3
Morocco
DKK 88700
26.7%
4
Kenya
DKK 88246
27.1%
5
Ivory Coast
DKK 87225
27.9%
6
Ghana
DKK 87024
28.1%
7
Nigeria
DKK 83172
31.3%
8
Cameroon
DKK 82300
32.0%
9
Uganda
DKK 80706
33.3%
10
Senegal
DKK 79829
34.0%
11
Zambia
DKK 76458
36.8%
12
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NOTE* Withholding is calculated based on the Frederikshavn 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.