Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
122,500 kr
Direct Federal Tax 12,11%
- 13,625 kr
Communal tax
- 24,341 kr
Church tax
- 921 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 40,023 kr
Net pay
* 82,477 kr
Marginal tax rate
32.3%
Average tax rate
32.7%
67.3%
Net pay
32.7%
Total tax
Total tax
Net pay
The Taxberg
82,477 kr
Net pay
13,922 kr
Tax the employer pays
40,023 kr
Tax you pay
Total tax paid
53,945 kr
Did you know your employer also pays tax on your salary? It costs the employer 13,922 kr to pay you 122,500 kr. In other words, every time you spend 10 kr of your hard-earned money, 4.40 kr goes to the government.
Real tax rate
39.5%
So, with you and the employer both paying tax, what used to be a 32.7% tax rate now rises to 39.5%, meaning your real tax rate is actually 6.8% higher than what it seemed at first.
Summary
If you make 122,500 kr a year living in the region of Odder, Denmark, you will be taxed 40,023 kr. That means that your net pay will be 82,477 kr per year, or 6,873 kr per month. Your average tax rate is 32.7% and your marginal tax rate is 32.3%. 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 32.31 kr, hence, your net pay will only increase by 67.69 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 677 kr of net incomes. A 5,000 kr bonus will generate an extra 3,385 kr of net incomes.
North America
Country 
Net pay
Average tax
Rank
USA
DKK 106247
13.3%
1
Canada
DKK 91265
25.5%
2
Africa
Country 
Net pay
Average tax
Rank
South Africa
DKK 103232
15.7%
1
Mozambique
DKK 92063
24.9%
2
Angola
DKK 90332
26.3%
3
Morocco
DKK 89664
26.8%
4
Kenya
DKK 89299
27.1%
5
Ivory Coast
DKK 88215
28.0%
6
Ghana
DKK 88019
28.2%
7
Nigeria
DKK 84195
31.3%
8
Cameroon
DKK 83215
32.1%
9
Uganda
DKK 81684
33.3%
10
Senegal
DKK 80767
34.1%
11
Zambia
DKK 77383
36.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
DKK 116375
5.0%
1
Qatar
DKK 116375
5.0%
2
Bahrain
DKK 112700
8.0%
3
Oman
DKK 112700
8.0%
4
Saudi Arabia
DKK 110250
10.0%
5
Kuwait
DKK 109025
11.0%
6
Israel
DKK 106391
13.2%
7
Egypt
DKK 93810
23.4%
8
Lebanon
DKK 93200
23.9%
9
Turkey
DKK 69830
43.0%
10
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NOTE* Withholding is calculated based on the Odder 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.