Personal income taxation in 2021

If you want an overview over the personal income taxation in Denmark in 2021, take a look below:

Just be aware with the following assumptions for the individual:

• Unmarried
• Residing in municipality with an average municipality tax rate (24,95 %)
• Only standard deductions
• Not member of Danish state church
• Marginal tax rate 2020 for personal income exceeding 519.400 DKK is 55,9 %.
• 27 % expat tax regime 2020: effective tax 32,84 %

Figures provided by inwema.dk and danishtaxreturn.dk
For assistance please contact: info@inwema.dk