The Income tax rates and personal allowances in Denmark are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Denmark Tax Calculator 2021.
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 12.11% | Income from kr 0.000.00 | to | kr 544,800.00 |
| 15% | Income from kr 544,800.01 | and above | |
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 32.84% | Flat rate on all taxable income | ||
| kr 46,700.00 | Denmark Personal Exemption in 2021 |
| 8% | Denmark Labour Market Contributions Rate in 2021 |
| 0.674% | Denmark Church Tax Rate in 2021 |
| 2% | Denmark Healthcare Contribution Rate in 2021 |
| 24.954% | Denmark Municipal Tax Rate in 2021 |
Taxes, including personal income tax, expenses and limitations are reviewed by the Government in Denmark periodically and typically updated each year. Not that not all tax rates and thresholds in Denmark change annually, alterations to tax policy to support strategic economic growth in Denmark mean that the certain areas may be focused on to provide specific tax relief in Denmark or support growth in certain areas (overseas invstment in Denmark for example may mean reduced non-resident income tax rates in Denmark for a period).
When tax policy in Denmark changes, the resultant tax tables also change. Tax tables in Denmark are simply a list of the relevent tax rates, fixed amounts and / or threholds used in the computation of tax in Denmark, the Denmark tax tables also include specific notes and guidance on the validity of scenarios (for example, qualifying criterea for specific tax relief / allowances) and notes of the calculation of phaseout of specific tax elements within each taxation group (dividends and corporation tax thresholds in Denmark for example).
Denmark Tax Tables may also be referred to as Denmark Tax Slabs, Denmark personal allowances and tax thresholds or Denmark business tax rates. They all refer to the tax tables, whether in whole or as specific sections/categories of the tax tables therein. In the section, we publish all 2021 tax rates and thresholds used within the 2021 Denmark Salary Calculator. This means that if you are aware of a 2021 tax exemption or 2021 tax allowance in Denmark that you are entitled too BUT it isn't listed here, that we don't allow for it in this version of the Denmark Salary Calculator. This is simply because we updated our tax calculators based on user feedback, we tailor the Denmark Salary Calculator to suit our users needs. Our aim is to keep tax calculations in Denmark simple, we achieve this my making the Denmark tax calculators relevent to our community's needs, this includes you. So, if you would like a new 2021 tax rates, allowance or threshold adding (or perhaps updating), or if you notice an error in our 2021 tax calculations, simply contact us and we will adjust the tool.
Choose a specific income tax year to see the Denmark income tax rates and personal allowances used in the associated income tax calculator for the same tax year.