My new job contract is for 43000 DKK a month(before tax).

Aadarsh

New member

Member since 26 February 2018

Aadarsh

26 February 2018 07:58:03

Aadarsh

26 February 2018 07:58:03

A quick question...
My new job contract is for 43000 DKK a month(before tax).
I am married (shifting to Copenhagen along with wife and 3 years old son and Company is providing schooling fee).
What would be the net pay per month after tax.
Is this sufficient?

Regards
Aadarsh

Nellie Berg

Denmark Expert

Member since 15 August 2013

Hillerød

Nellie Berg

26 February 2018 10:52:55

1119

Nellie Berg

26 February 2018 10:52:55

1119

Hillerød

Yearly tax, based on an income of 525,000 kroner, wife isn't working, settled in Gladsaxe municipality: 173.948,40 kroner.

Housings are expensive, expect to pay at least 11,000 kroner a month plus utilities 2,500 kroner. Household 5,000 kroner.

It's sufficient +

/Nellie

Aadarsh

New member

Member since 26 February 2018

Aadarsh

28 February 2018 08:39:06

Aadarsh

28 February 2018 08:39:06

Thanks a lot.

Aadarsh

New member

Member since 26 February 2018

Aadarsh

28 February 2018 08:50:23

Aadarsh

28 February 2018 08:50:23

Thanks for the detailed info.
I would like know, is there any tax return after completion of 1 years at Copenhagen.

I am planning to stay near around 5 years.

Thanks
Aadarsh

billygilly

Member

Member since 24 October 2015

Copenhagen, Capital Region

billygilly

28 February 2018 17:27:43

billygilly

28 February 2018 17:27:43

Copenhagen, Capital Region

Hi Aadarsh

The tax system is more or less like in India. The tax will be deducted every month and adjusted while the tax returns are filed every year. There will be some deductions in your tax if your wife is not working.

Cheers