Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
120,996 kr
Direct Federal Tax 12,11%
- 13,458 kr
Communal tax
- 22,981 kr
Church tax
- 383 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 37,957 kr
Net pay
* 83,039 kr
Marginal tax rate
31.0%
Average tax rate
31.4%
68.6%
Net pay
31.4%
Total tax
Total tax
Net pay
Summary
If you make 120,996 kr a year living in the region of Gentofte, Denmark, you will be taxed 37,957 kr. That means that your net pay will be 83,039 kr per year, or 6,920 kr per month. Your average tax rate is 31.4% and your marginal tax rate is 31.0%. 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 30.97 kr, hence, your net pay will only increase by 69.03 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 690 kr of net incomes. A 5,000 kr bonus will generate an extra 3,452 kr of net incomes.
North America
Country 
Net pay
Average tax
Rank
USA
DKK 105084
13.2%
1
Canada
DKK 90240
25.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
DKK 114863
5.1%
1
Australia
DKK 112553
7.0%
2
Thailand
DKK 110885
8.4%
3
Taiwan
DKK 110240
8.9%
4
South Korea
DKK 104849
13.4%
5
Pakistan
DKK 103159
14.7%
6
New Zealand
DKK 102230
15.5%
7
Indonesia
DKK 101563
16.1%
8
Malaysia
DKK 101495
16.1%
9
Japan
DKK 97565
19.4%
10
Philippines
DKK 96594
20.2%
11
Singapore
DKK 96509
20.2%
12
Kazakhstan
DKK 96173
20.5%
13
Vietnam
DKK 91912
24.0%
14
China
DKK 85443
29.4%
15
India
DKK 84945
29.8%
16
Show more
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
Show more
NOTE* Withholding is calculated based on the Gentofte 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.