Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
96,960 kr
Direct Federal Tax 12,11%
- 10,785 kr
Communal tax
- 19,659 kr
Church tax
- 884 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 32,464 kr
Net pay
* 64,496 kr
Marginal tax rate
33.0%
Average tax rate
33.5%
66.5%
Net pay
33.5%
Total tax
Total tax
Net pay
Summary
If you make 96,960 kr a year living in the region of Guldborgsund, Denmark, you will be taxed 32,464 kr. That means that your net pay will be 64,496 kr per year, or 5,375 kr per month. Your average tax rate is 33.5% and your marginal tax rate is 33.1%. 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 33.05 kr, hence, your net pay will only increase by 66.95 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 670 kr of net incomes. A 5,000 kr bonus will generate an extra 3,348 kr of net incomes.
NOTE* Withholding is calculated based on the Guldborgsund 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.