Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
420,000 kr
Direct Federal Tax 12,11%
- 46,716 kr
Communal tax
- 86,888 kr
Church tax
- 3,237 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 137,976 kr
Net pay
* 282,024 kr
Marginal tax rate
35.5%
Average tax rate
32.9%
67.1%
Net pay
32.9%
Total tax
Total tax
Net pay
The Taxberg
282,024 kr
Net pay
13,922 kr
Tax the employer pays
137,976 kr
Tax you pay
Total tax paid
151,898 kr
Did you know your employer also pays tax on your salary? It costs the employer 13,922 kr to pay you 420,000 kr. In other words, every time you spend 10 kr of your hard-earned money, 3.62 kr goes to the government.
Real tax rate
35.0%
So, with you and the employer both paying tax, what used to be a 32.9% tax rate now rises to 35.0%, meaning your real tax rate is actually 2.1% higher than what it seemed at first.
Summary
If you make 420,000 kr a year living in the region of Silkeborg, Denmark, you will be taxed 137,976 kr. That means that your net pay will be 282,024 kr per year, or 23,502 kr per month. Your average tax rate is 32.9% and your marginal tax rate is 35.5%. 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 35.46 kr, hence, your net pay will only increase by 64.54 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 645 kr of net incomes. A 5,000 kr bonus will generate an extra 3,227 kr of net incomes.
Europe
Country 
Net pay
Average tax
Rank
Russia
DKK 365400
13.0%
1
Switzerland
DKK 348006
17.1%
2
Hungary
DKK 342300
18.5%
3
Ukraine
DKK 338100
19.5%
4
Czech Republic
DKK 319867
23.8%
5
United Kingdom
DKK 317984
24.3%
6
France
DKK 311193
25.9%
7
Norway
DKK 305613
27.2%
8
Ireland
DKK 301871
28.1%
9
Spain
DKK 294891
29.8%
10
Denmark
DKK 281683
32.9%
11
Sweden
DKK 276947
34.1%
12
Austria
DKK 276540
34.2%
13
Luxembourg
DKK 276124
34.3%
14
Netherlands
DKK 264309
37.1%
15
Greece
DKK 262403
37.5%
16
Poland
DKK 261065
37.8%
17
Germany
DKK 254697
39.4%
18
Romania
DKK 245700
41.5%
19
Finland
DKK 242154
42.3%
20
Italy
DKK 238750
43.2%
21
Portugal
DKK 229361
45.4%
22
Belgium
DKK 195668
53.4%
23
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Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
DKK 371608
11.5%
1
Taiwan
DKK 357010
15.0%
2
Thailand
DKK 340101
19.0%
3
Kazakhstan
DKK 338366
19.4%
4
South Korea
DKK 330832
21.2%
5
Singapore
DKK 326857
22.2%
6
Australia
DKK 318883
24.1%
7
New Zealand
DKK 313460
25.4%
8
Indonesia
DKK 309970
26.2%
9
Japan
DKK 309299
26.4%
10
Pakistan
DKK 304334
27.5%
11
Malaysia
DKK 298407
29.0%
12
China
DKK 297514
29.2%
13
Philippines
DKK 294609
29.9%
14
Vietnam
DKK 284503
32.3%
15
India
DKK 249609
40.6%
16
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NOTE* Withholding is calculated based on the Silkeborg 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.