Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
94,900 kr
Direct Federal Tax 12,11%
- 10,556 kr
Communal tax
- 18,124 kr
Church tax
- 544 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 30,359 kr
Net pay
* 64,541 kr
Marginal tax rate
31.5%
Average tax rate
32.0%
68.0%
Net pay
32.0%
Total tax
Total tax
Net pay
The Taxberg
64,541 kr
Net pay
13,922 kr
Tax the employer pays
30,359 kr
Tax you pay
Total tax paid
44,281 kr
Did you know your employer also pays tax on your salary? It costs the employer 13,922 kr to pay you 94,900 kr. In other words, every time you spend 10 kr of your hard-earned money, 4.67 kr goes to the government.
Real tax rate
40.7%
So, with you and the employer both paying tax, what used to be a 32% tax rate now rises to 40.7%, meaning your real tax rate is actually 8.7% higher than what it seemed at first.
Summary
If you make 94,900 kr a year living in the region of Greve, Denmark, you will be taxed 30,359 kr. That means that your net pay will be 64,541 kr per year, or 5,378 kr per month. Your average tax rate is 32.0% and your marginal tax rate is 31.5%. 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 31.50 kr, hence, your net pay will only increase by 68.50 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 685 kr of net incomes. A 5,000 kr bonus will generate an extra 3,425 kr of net incomes.
NOTE* Withholding is calculated based on the Greve 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.