Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
40,423 kr
Direct Federal Tax 12,11%
- 4,496 kr
Communal tax
- 7,582 kr
Church tax
- 287 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 13,501 kr
Net pay
* 26,922 kr
Marginal tax rate
32.3%
Average tax rate
33.4%
66.6%
Net pay
33.4%
Total tax
Total tax
Net pay
The Taxberg
26,922 kr
Net pay
13,922 kr
Tax the employer pays
13,501 kr
Tax you pay
Total tax paid
27,422 kr
Did you know your employer also pays tax on your salary? It costs the employer 13,922 kr to pay you 40,423 kr. In other words, every time you spend 10 kr of your hard-earned money, 6.78 kr goes to the government.
Real tax rate
50.5%
So, with you and the employer both paying tax, what used to be a 33.4% tax rate now rises to 50.5%, meaning your real tax rate is actually 17.1% higher than what it seemed at first.
Summary
If you make 40,423 kr a year living in the region of Odder, Denmark, you will be taxed 13,501 kr. That means that your net pay will be 26,922 kr per year, or 2,244 kr per month. Your average tax rate is 33.4% 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 32.32 kr, hence, your net pay will only increase by 67.68 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 3,384 kr of net incomes.
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
DKK 40423
0.0%
1
Austria
DKK 40423
0.0%
2
Ireland
DKK 40423
0.0%
3
Norway
DKK 40247
0.4%
4
Spain
DKK 37856
6.4%
5
Switzerland
DKK 37483
7.3%
6
Germany
DKK 36727
9.1%
7
Italy
DKK 36708
9.2%
8
France
DKK 36502
9.7%
9
Czech Republic
DKK 35976
11.0%
10
Luxembourg
DKK 35956
11.1%
11
Russia
DKK 35168
13.0%
12
Hungary
DKK 32945
18.5%
13
Ukraine
DKK 32541
19.5%
14
Sweden
DKK 32530
19.5%
15
Poland
DKK 31742
21.5%
16
Greece
DKK 31591
21.9%
17
Portugal
DKK 30095
25.6%
18
Finland
DKK 27993
30.8%
19
Belgium
DKK 27488
32.0%
20
Denmark
DKK 26771
33.8%
21
Netherlands
DKK 25437
37.1%
22
Romania
DKK 23647
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
DKK 36922
8.7%
1
Canada
DKK 32379
19.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
DKK 40423
0.0%
1
Hong Kong
DKK 40423
0.0%
2
Pakistan
DKK 38700
4.3%
3
Thailand
DKK 38190
5.5%
4
Philippines
DKK 37098
8.2%
5
Taiwan
DKK 36845
8.9%
6
Indonesia
DKK 35949
11.1%
7
South Korea
DKK 35796
11.5%
8
Malaysia
DKK 35664
11.8%
9
New Zealand
DKK 35617
11.9%
10
India
DKK 35507
12.2%
11
Singapore
DKK 35069
13.3%
12
Vietnam
DKK 33244
17.8%
13
Japan
DKK 32847
18.7%
14
Kazakhstan
DKK 32015
20.8%
15
China
DKK 30388
24.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
DKK 37209
8.0%
1
Colombia
DKK 37189
8.0%
2
Ecuador
DKK 36603
9.5%
3
Guatemala
DKK 36547
9.6%
4
Brazil
DKK 36226
10.4%
5
Costa Rica
DKK 36179
10.5%
6
Mexico
DKK 36133
10.6%
7
Panama
DKK 35976
11.0%
8
Peru
DKK 35370
12.5%
9
Chile
DKK 33309
17.6%
10
Uruguay
DKK 32298
20.1%
11
Argentina
DKK 26226
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
DKK 39125
3.2%
1
Morocco
DKK 35811
11.4%
2
Cameroon
DKK 32796
18.9%
3
Ivory Coast
DKK 32567
19.4%
4
Mozambique
DKK 32220
20.3%
5
Kenya
DKK 32056
20.7%
6
Ghana
DKK 30490
24.6%
7
Angola
DKK 30430
24.7%
8
Zambia
DKK 28666
29.1%
9
Nigeria
DKK 28366
29.8%
10
Senegal
DKK 28357
29.9%
11
Uganda
DKK 28334
29.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
DKK 38402
5.0%
1
Qatar
DKK 38402
5.0%
2
Bahrain
DKK 37189
8.0%
3
Oman
DKK 37189
8.0%
4
Saudi Arabia
DKK 36381
10.0%
5
Kuwait
DKK 35976
11.0%
6
Israel
DKK 35107
13.2%
7
Egypt
DKK 31793
21.4%
8
Lebanon
DKK 31642
21.7%
9
Turkey
DKK 24870
38.5%
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.