Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
63,700 kr
Direct Federal Tax 12,11%
- 7,085 kr
Communal tax
- 12,826 kr
Church tax
- 482 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 21,529 kr
Net pay
* 42,171 kr
Marginal tax rate
33.2%
Average tax rate
33.8%
66.2%
Net pay
33.8%
Total tax
Total tax
Net pay
Summary
If you make 63,700 kr a year living in the region of Kerteminde -, Denmark, you will be taxed 21,529 kr. That means that your net pay will be 42,171 kr per year, or 3,514 kr per month. Your average tax rate is 33.8% and your marginal tax rate is 33.2%. 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 33.16 kr, hence, your net pay will only increase by 66.84 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 668 kr of net incomes. A 5,000 kr bonus will generate an extra 3,342 kr of net incomes.
NOTE* Withholding is calculated based on the Kerteminde - 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.