Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,924 kr
Direct Federal Tax 12,11%
- 214 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 1,350 kr
Net pay
* 574 kr
Marginal tax rate
11.1%
Average tax rate
70.2%
29.8%
Net pay
70.2%
Total tax
Total tax
Net pay
Summary
If you make 1,924 kr a year living in the region of Kolding, Denmark, you will be taxed 1,350 kr. That means that your net pay will be 574 kr per year, or 47.85 kr per month. Your average tax rate is 70.2% and your marginal tax rate is 11.1%. 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 11.13 kr, hence, your net pay will only increase by 88.87 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 889 kr of net incomes. A 5,000 kr bonus will generate an extra 4,444 kr of net incomes.
NOTE* Withholding is calculated based on the Kolding 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.