Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
17,420 kr
Direct Federal Tax 12,11%
- 1,938 kr
Communal tax
- 3,000 kr
Church tax
- 109 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 6,182 kr
Net pay
* 11,238 kr
Marginal tax rate
33.1%
Average tax rate
35.5%
64.5%
Net pay
35.5%
Total tax
Total tax
Net pay
Summary
If you make 17,420 kr a year living in the region of Ringsted, Denmark, you will be taxed 6,182 kr. That means that your net pay will be 11,238 kr per year, or 936 kr per month. Your average tax rate is 35.5% and your marginal tax rate is 33.1%. 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 33.13 kr, hence, your net pay will only increase by 66.87 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 669 kr of net incomes. A 5,000 kr bonus will generate an extra 3,344 kr of net incomes.
NOTE* Withholding is calculated based on the Ringsted 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.