Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
707,460 kr
Direct Federal Tax 12,11%
- 78,689 kr
Communal tax
- 152,510 kr
Church tax
- 5,084 kr
Top bracket tax
- 14,538 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 251,957 kr
Net pay
* 455,503 kr
Marginal tax rate
48.7%
Average tax rate
35.6%
64.4%
Net pay
35.6%
Total tax
Total tax
Net pay
Summary
If you make 707,460 kr a year living in the region of Roskilde, Denmark, you will be taxed 251,957 kr. That means that your net pay will be 455,503 kr per year, or 37,959 kr per month. Your average tax rate is 35.6% and your marginal tax rate is 48.7%. 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 48.68 kr, hence, your net pay will only increase by 51.32 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 513 kr of net incomes. A 5,000 kr bonus will generate an extra 2,566 kr of net incomes.
NOTE* Withholding is calculated based on the Roskilde 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.