Danish Tax Authority Publishes Individual Income Tax Table through 2025

The Danish tax authority (SKAT) has published a table summarizing individual income tax rates and thresholds through 2025 based on current legislation. Key points of the table include:

• Bottom tax rate (state tax - top rate is 15%):
  • 2016 - 9.08%
  • 2017 - 10.08%
  • 2018 - 11.15%
  • 2019 - 12.18%
  • 2020- 12.19%
  • 2021 - 12.19%
  • 2022 and subsequent years - 12.2%
• Tax rate ceiling (combined state, municipal, and certain other taxes)
  • 2016 - 51.95%
  • 2017 - 51.95%
  • 2018 - 52.02%
  • 2019 - 52.05%
  • 2020- 52.06%
  • 2021 -…