Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
20,020 kr
Direct Federal Tax 12,11%
- 2,227 kr
Communal tax
- 3,142 kr
Church tax
- 77.57 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 6,582 kr
Net pay
* 13,438 kr
Marginal tax rate
30.4%
Average tax rate
32.9%
67.1%
Net pay
32.9%
Total tax
Total tax
Net pay
Summary
If you make 20,020 kr a year living in the region of Rudersdal, Denmark, you will be taxed 6,582 kr. That means that your net pay will be 13,438 kr per year, or 1,120 kr per month. Your average tax rate is 32.9% and your marginal tax rate is 30.4%. 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 30.37 kr, hence, your net pay will only increase by 69.63 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 696 kr of net incomes. A 5,000 kr bonus will generate an extra 3,482 kr of net incomes.
NOTE* Withholding is calculated based on the Rudersdal 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.