Summary
If you make 173,420 kr a year living in the region of Holstebro, Denmark, you will be taxed 57,211 kr. That means that your net pay will be 116,209 kr per year, or 9,684 kr per month. Your average tax rate is 33.0% and your marginal tax rate is 32.8%. 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 32.75 kr, hence, your net pay will only increase by 67.25 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 673 kr of net incomes. A 5,000 kr bonus will generate an extra 3,363 kr of net incomes.