Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
14,040 kr
Direct Federal Tax 12,11%
- 1,562 kr
Communal tax
- 2,220 kr
Church tax
- 70.82 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 4,988 kr
Net pay
* 9,052 kr
Marginal tax rate
32.4%
Average tax rate
35.5%
64.5%
Net pay
35.5%
Total tax
Total tax
Net pay
Summary
If you make 14,040 kr a year living in the region of Horsens, Denmark, you will be taxed 4,988 kr. That means that your net pay will be 9,052 kr per year, or 754 kr per month. Your average tax rate is 35.5% and your marginal tax rate is 32.4%. 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 32.44 kr, hence, your net pay will only increase by 67.56 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 676 kr of net incomes. A 5,000 kr bonus will generate an extra 3,378 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.