Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
23,627 kr
Direct Federal Tax 12,11%
- 2,628 kr
Communal tax
- 4,003 kr
Church tax
- 167 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 7,934 kr
Net pay
* 15,693 kr
Marginal tax rate
31.6%
Average tax rate
33.6%
66.4%
Net pay
33.6%
Total tax
Total tax
Net pay
Summary
If you make 23,627 kr a year living in the region of Kalundborg, Denmark, you will be taxed 7,934 kr. That means that your net pay will be 15,693 kr per year, or 1,308 kr per month. Your average tax rate is 33.6% and your marginal tax rate is 31.6%. 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 31.63 kr, hence, your net pay will only increase by 68.37 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 684 kr of net incomes. A 5,000 kr bonus will generate an extra 3,419 kr of net incomes.
NOTE* Withholding is calculated based on the Kalundborg 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.