Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
585,720 kr
Direct Federal Tax 12,11%
- 65,148 kr
Communal tax
- 125,273 kr
Church tax
- 4,833 kr
Top bracket tax
- 653 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 197,043 kr
Net pay
* 388,677 kr
Marginal tax rate
37.9%
Average tax rate
33.6%
66.4%
Net pay
33.6%
Total tax
Total tax
Net pay
Summary
If you make 585,720 kr a year living in the region of Hedensted, Denmark, you will be taxed 197,043 kr. That means that your net pay will be 388,677 kr per year, or 32,390 kr per month. Your average tax rate is 33.6% and your marginal tax rate is 37.9%. 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 37.93 kr, hence, your net pay will only increase by 62.07 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 621 kr of net incomes. A 5,000 kr bonus will generate an extra 3,104 kr of net incomes.
NOTE* Withholding is calculated based on the Hedensted 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.