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Wagonlitz

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@Wagonlitz What would the income tax rate be in Denmark for someone earning 38 000 euros per year? Follow up: is there a big difference between living in Köpenhamn and elsewhere?
The exact tax rate will depend on which municipality you live in. Municipal tax generally is around 25%, but varies a little from place to place. It's for instance 24.4% here in Århus municipality. And Gentofte (very rich area) for instance at least used to have a pretty low rate (no idea whether it still is really low), though they had to raise taxes when Mærsk died back in 2012 since with his death they got a hole of around 30 million € a year. Similarly church tax varies too; on average it's around 1%; in Århus it's 0.74%. Generally you'll get a very good estimate by just using 37%. Though to get more precise you'd have to calculate every tax rate individually and some taxes are applied to the amount pre deductions and others on the amount post deductions. Hence why just using 37% is the way to go if you don't need anything 100% accurate. Also I'm not sure of how they do the rounding when calculating the sub amounts, which is another reason to just use 37%. (For the final amount the always round down if you paid too much and round up if you paid too little; so if you paid say 0.99 too much they'll round down and say that you paid the exact amount. On the other hand if you paid 0.01 too little they'll round up and say you need to pay an additional 1...)

Note that some deductions can be substantial and would need to be accounted for. For instance if you have to drive a considerable distance to work (something like over 10 to 15 miles) you get the driving deduction. There's also an interest deduction if you have loans.

And note that various things can be taxable income. For instance my insurance company is owned by the insurers and hence pays out profits to the insurers. Instead of lowering the insurance prices they pay out actual money though and that then counts as taxable income so you pay tax of the money you get back from the insurance due to the insurance doing well... On the other hand union membership fees are deductable.

Lets keep it simple though. Everybody has a personal deduction which this year is 44k (using crowns since that's easier; a Swedish crown is around 0.8 Danish crowns). There's also the green check which depends on exactly how much you earn. Setting it at a thousand shouldn't be too wrong.
That means that you have and income of around 285k, but the amount taxed will be 285k - 45k; 37% of 240k is 89k meaning that you'll have around 26k € left of the original 38k € after taxes. Umgefähr jedenfals.

With regard to Copenhagen then it's expensive---and it's expensive compared to elsewhere. 38k € a year is a pretty low wage and you'll therefore probably have trouble finding a place to live in central Copenhagen and will have to go to the outskirts or possibly even further away. Things like restaurants and cafés probably are more expensive in Copenhagen too, though I don't know for sure. Some people also live in Malmø, though with the rising housing market in western Skåne that has become less economically beneficial---plus the border controls means that it takes very considerably longer to go from Copenhagen to Malmø which also should be factored in. If possible it most definitely is cheaper to live elsewhere--even in Århus. And Århus also is small enough that even if you live quite far in the outskirts you still are really close to center---at least compared to the distance between the far outskirts of Copenhagen and the center of Copenhagen. Odense, Aalborg, or Esbjerg probably will be cheaper yet though. And if you don't have a requirement to live in one of the 5 biggest cities then living in one of the smaller ones probably will be even cheaper. And at least in Eastern Jutland it's perfectly possible to do something like living in say Randers or Horsens and then working in say Odense, Esbjerg, or Kolding. It's because of the motorway---you'd have something like an hour, perhaps an hour or a half, drive in those cases.

Are you contemplating moving to Copenhagen?


Also being low income there'll be various benefits. For instance if you rent you'll get some of the rent covered. And various other things. Those things will be highly dependent on the situation, but can be substantial so would need to be accounted for in a detailed budget.
 

Lemeard

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Are you contemplating moving to Copenhagen?
God heavens no. (Although I wouldn't turn down a job offer from KU)

Asked because I was comparing tax rates with friends from Britain, Germany and Belgium. Supposedly the Belgian rate for someone earning 38k almost rivals the Swedish one at near 50%
 

Wagonlitz

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God heavens no. (Although I wouldn't turn down a job offer from KU)

Asked because I was comparing tax rates with friends from Britain, Germany and Belgium. Supposedly the Belgian rate for someone earning 38k almost rivals the Swedish one at near 50%
That's just utterly mad. Why would you tax a low wage like 38k € at 50%? Don't the Swedes or the Belgians have a tax rate which depends on what you earn?
Here you need to earn more than around 70k € a year to pay the top tax, which means paying around 56% (actually rather something like 66%, but taxes are capped around 56% so no matter what you can't pay more than that).

And Copenhagen is he worst of the Devil's Island so I can understand not wanting to move there. (Though I too wouldn't turn down KU.:p)
 

Lemeard

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That's just utterly mad. Why would you tax a low wage like 38k € at 50%?]
Personally I find 38k to be a very comfortable wage, but I am aware that not everyone has the same perspective on things.

[Don't the Swedes or the Belgians have a tax rate which depends on what you earn?
Yes, that's why a salary as high as 38k is taxed at that rate and more modest salaries at a lower rate. For example, my mother has an income around 28-30k euros per year and a rate around 35% or so.
 

Canadian_95_RTS

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Man, y'all have too high taxes. I mean, jeez, Canada's tax rate doesn't even go above 33%, and you need to be making a buttload of money to even be taxed at that.
 

loup99

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Dannebrog. Simple, beautiful, and it's the World's oldest flag.
I believe that is wrong. It isn't the world's oldest flag, only the oldest flag which is currently official.
 

LUDWIG

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Evening all, been a long time since I walked these old halls.
I hope everyone is having a good day.
Thought I'd stop a while and see what was going on in these parts.
 

LUDWIG

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Back in the day I was one of josefgivens helper mods in the 1420 RPG forum, given how long ago that was it's a little like talking about working on building steam railways or digging canals.
I've popped by the visit the shiny new forum and by golly they've certainly done a lot of changes.
They've gone and closed my asylum for a start and there doesn't seem to be a feeling of people having as much fun.
Maybe I'm just getting old.
 

JCan

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Back in the day I was one of josefgivens helper mods in the 1420 RPG forum, given how long ago that was it's a little like talking about working on building steam railways or digging canals.
I've popped by the visit the shiny new forum and by golly they've certainly done a lot of changes.
They've gone and closed my asylum for a start and there doesn't seem to be a feeling of people having as much fun.
Maybe I'm just getting old.
It certainly seems quieter even to me over on this part of the forum, and I only really started playing forum games on here maybe 1-2 years ago.
 

LUDWIG

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I remember the OT forums being a lively place with lots of discussions about all sorts of topics. Political topics were posted and tightly moderated to prevent the whole thing falling into a flame pile.
There was the Werewolf game, which I see is still going must be some kind of record that.
Silly stories from around the web were posted, jokes were made and it had the feel of a lively village pub.
There were the regulars in the usual places, chatting away. New arrivals were greeted and allowed to sit quietly to learn how things were or get involved in they wished.

For an old old timer I have a feeble post count because almost all of it was down here below the counter.
Has Blade been about inspiring old timers to tell tall tales to wide eyed new arrivals?

I remember Lord Ugly Duck, admin extradinaire. A bloody good chap, more then able to talk sense into any head blooded young uns who needed it.
I see they've kept a stool at the bar, and his usual on standby in case he returns. He deserves that.
 

JCan

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OT itself still seems reasonably lively to me (albeit in my limited experience).

I frequent the UK Politics thread a fair bit, which in particular can be difficult to keep up with at times given the frequency of posting.
 

LUDWIG

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A lively forum is a mostly happy one, few things worse then a barely active forum, means the community doesn't love it anymore. A terrible fate for a forum.
 

Dr.Livingstone

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I'm not exactly sure how the forum has changed from the olden days, but at least in my experience its still a fun place. Enough new blood to keep things interesting, enough isolation to keep it from becoming reddit, and enough ivory to last a lifetime of towers.

God help us, we're doomed.
 

LUDWIG

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Feb 19, 2001
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Looks like I can visit the OT section after all.
Huzzah.

As to where I can go. I've no idea, I'm still getting used to this new forum layout.
I shall fear no Evil for I have my a lucky dice with me for the saving throw and I brought my glasses too.