Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
62,439 kr
Direct Federal Tax 12,11%
- 6,945 kr
Communal tax
- 12,265 kr
Church tax
- 327 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 20,673 kr
Net pay
* 41,766 kr
Marginal tax rate
32.4%
Average tax rate
33.1%
66.9%
Net pay
33.1%
Total tax
Total tax
Net pay
Summary
If you make 62,439 kr a year living in the region of Odense, Denmark, you will be taxed 20,673 kr. That means that your net pay will be 41,766 kr per year, or 3,481 kr per month. Your average tax rate is 33.1% and your marginal tax rate is 32.4%. 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 32.41 kr, hence, your net pay will only increase by 67.59 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 676 kr of net incomes. A 5,000 kr bonus will generate an extra 3,380 kr of net incomes.
NOTE* Withholding is calculated based on the Odense 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.