Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,050 kr
Direct Federal Tax 12,11%
- 117 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 1,253 kr
Net pay
* 62.61 kr
Marginal tax rate
16.3%
Average tax rate
95.2%
4.8%
Net pay
95.2%
Total tax
Total tax
Net pay
Summary
If you make 1,050 kr a year living in the region of Horsens, Denmark, you will be taxed 1,253 kr. That means that your net pay will be 62.61 kr per year, or 5.22 kr per month. Your average tax rate is 95.2% and your marginal tax rate is 16.3%. 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 16.34 kr, hence, your net pay will only increase by 83.66 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 837 kr of net incomes. A 5,000 kr bonus will generate an extra 4,183 kr of net incomes.
NOTE* Withholding is calculated based on the Horsens 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.