Income Tax Rates Denmark 2019

Personal allowance over 18 year 46 500 dkk.

Income tax rates denmark 2019. With respect to personal income tax the main change is an increase in the top tax bracket threshold from dkk 498 900 to dkk 513 400 for 2019. The personal income tax rate in denmark stands at 55 80 percent. Here you find tax rates and limits for the income years 2020 and 2019. Denmark church tax rate in 2019.

Although not included in the table for 2019 the bottom tax rate is scheduled to be increased to 12 16 for 2019 while the top rate will remain 15. An individual with limited tax liability to denmark will as a main rule be taxed by up to 52 06 55 89 including am tax on income from sources in denmark in 2020. 2019 denmark residents additional tax rates and thresholds annual kr46 200 00. Denmark personal exemption in 2019.

Tax rates and amount limits. Generally individuals are subject to national income tax municipal tax regional tax labour market tax and church tax all described below. This page provides denmark personal income tax rate actual values historical data forecast chart statistics economic calendar and news. Personal allowance under 18 year.

Denmark labour market contributions rate in 2019. 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.