37,700 kr income tax calculator 2024 - ODSHERRED - salary after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
37,700 kr
Direct Federal Tax 12,11%
- 4,193 kr
Communal tax
- 7,362 kr
Church tax
- 274 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 12,965 kr
Net pay
* 24,735 kr
Marginal tax rate
33.3%
Average tax rate
34.4%
65.6%
Net pay
34.4%
Total tax
Total tax
Net pay
The Taxberg
24,735 kr
Net pay
13,922 kr
Tax the employer pays
12,965 kr
Tax you pay
Total tax paid
26,887 kr
Did you know your employer also pays tax on your salary? It costs the employer 13,922 kr to pay you 37,700 kr. In other words, every time you spend 10 kr of your hard-earned money, 7.13 kr goes to the government.
Real tax rate
52.1%
So, with you and the employer both paying tax, what used to be a 34.4% tax rate now rises to 52.1%, meaning your real tax rate is actually 17.7% higher than what it seemed at first.
Summary
If you make 37,700 kr a year living in the region of ODSHERRED, Denmark, you will be taxed 12,965 kr. That means that your net pay will be 24,735 kr per year, or 2,061 kr per month. Your average tax rate is 34.4% and your marginal tax rate is 33.3%. 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 33.32 kr, hence, your net pay will only increase by 66.68 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 667 kr of net incomes. A 5,000 kr bonus will generate an extra 3,334 kr of net incomes.
Compare average tax
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
DKK 37700
0.0%
1
Austria
DKK 37700
0.0%
2
Ireland
DKK 37700
0.0%
3
Norway
DKK 37700
0.0%
4
Germany
DKK 37219
1.3%
5
Spain
DKK 35306
6.4%
6
Switzerland
DKK 34946
7.3%
7
Italy
DKK 34235
9.2%
8
France
DKK 34043
9.7%
9
Czech Republic
DKK 33553
11.0%
10
Luxembourg
DKK 33534
11.1%
11
Russia
DKK 32799
13.0%
12
Hungary
DKK 30725
18.5%
13
Sweden
DKK 30486
19.1%
14
Ukraine
DKK 30348
19.5%
15
Poland
DKK 29604
21.5%
16
Greece
DKK 29463
21.9%
17
Portugal
DKK 28068
25.6%
18
Finland
DKK 26107
30.8%
19
Belgium
DKK 25636
32.0%
20
Denmark
DKK 24939
33.9%
21
Netherlands
DKK 23721
37.1%
22
Romania
DKK 22055
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
DKK 34435
8.7%
1
Canada
DKK 30488
19.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
DKK 37700
0.0%
1
Hong Kong
DKK 37700
0.0%
2
Pakistan
DKK 36318
3.7%
3
Thailand
DKK 35604
5.6%
4
Philippines
DKK 34950
7.3%
5
Taiwan
DKK 34363
8.9%
6
Singapore
DKK 34012
9.8%
7
Indonesia
DKK 33704
10.6%
8
South Korea
DKK 33418
11.4%
9
Malaysia
DKK 33252
11.8%
10
New Zealand
DKK 33217
11.9%
11
India
DKK 33176
12.0%
12
Vietnam
DKK 31129
17.4%
13
Japan
DKK 30634
18.7%
14
Kazakhstan
DKK 29858
20.8%
15
China
DKK 28341
24.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Colombia
DKK 36184
7.7%
1
Puerto Rico
DKK 34703
8.0%
2
Ecuador
DKK 34137
9.5%
3
Guatemala
DKK 34085
9.6%
4
Brazil
DKK 34010
9.8%
5
Mexico
DKK 33819
10.3%
6
Costa Rica
DKK 33741
10.5%
7
Panama
DKK 33553
11.0%
8
Peru
DKK 32987
12.5%
9
Chile
DKK 31065
17.6%
10
Uruguay
DKK 30122
20.1%
11
Argentina
DKK 24456
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
DKK 36919
2.1%
1
Morocco
DKK 33694
10.6%
2
Cameroon
DKK 30884
18.1%
3
Ivory Coast
DKK 30594
18.9%
4
Kenya
DKK 30167
20.0%
5
Mozambique
DKK 30123
20.1%
6
Ghana
DKK 28560
24.2%
7
Angola
DKK 28429
24.6%
8
Zambia
DKK 27127
28.0%
9
Senegal
DKK 26603
29.4%
10
Uganda
DKK 26564
29.5%
11
Nigeria
DKK 26514
29.7%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
DKK 35815
5.0%
1
Qatar
DKK 35815
5.0%
2
Bahrain
DKK 34684
8.0%
3
Oman
DKK 34684
8.0%
4
Saudi Arabia
DKK 33930
10.0%
5
Kuwait
DKK 33553
11.0%
6
Israel
DKK 32742
13.2%
7
Egypt
DKK 29682
21.3%
8
Lebanon
DKK 29600
21.5%
9
Turkey
DKK 23284
38.2%
10
Show more
NOTE* Withholding is calculated based on the ODSHERRED 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.