What is the exact percentage of tax on income in Denmark?

Personal Income Tax Rate in Denmark averaged 60.45 percent from 1995 until 2018, reaching an all time high of 65.90 percent in 1997 and a record low of 55.40 percent in 2010. In Denmark, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. read more

Denmark has a progressive Income tax percentage, so your tax depends on the income. It will typically start around 40% - 45% of the total income and can for high earners reach approx. 60% MARGINAL tax (not to be confused with total/average tax percentage). read more

Let’s imagine that you will be in Denmark for 5 months and you will live those 5 months in Denmark during 2017. For 2017 the tax free amount is 45.000 DKK. Since you will live in Denmark 5 months - the amount that is tax free for you will be: 5/12 * 45.000 DKK = 18.750 DKK. read more

Denmark Personal Income Tax Rate 1995-2018 | Data | Chart | Calendar The Personal Income Tax Rate in Denmark stands at 55.80 percent. Personal Income Tax Rate in Denmark averaged 60.45 percent from 1995 until 2018, reaching an all time high of 65.90 percent in 1997 and a record low of 55.40 percent in 2010. read more