Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
148,000 kr
National Insurance Contribution
- 11,840 kr
Common Tax
- 4,768 kr
Total tax
- 16,608 kr
Net pay
* 131,392 kr
Marginal tax rate
19.9%
Average tax rate
11.2%
88.8%
Net pay
11.2%
Total tax
Total tax
Net pay
The Taxberg
131,392 kr
Net pay
20,868 kr
Tax the employer pays
16,608 kr
Tax you pay
Total tax paid
37,476 kr
Did you know your employer also pays tax on your salary? It costs the employer 20,868 kr to pay you 148,000 kr. In other words, every time you spend 10 kr of your hard-earned money, 2.53 kr goes to the government.
Real tax rate
22.2%
So, with you and the employer both paying tax, what used to be a 11.2% tax rate now rises to 22.2%, meaning your real tax rate is actually 11% higher than what it seemed at first.
Summary
If you make 148,000 kr a year living in Norway, you will be taxed 16,608 kr. That means that your net pay will be 131,392 kr per year, or 10,949 kr per month. Your average tax rate is 11.2% and your marginal tax rate is 19.9%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 kr in your salary will be taxed 19.87 kr, hence, your net pay will only increase by 80.13 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 801 kr of net incomes. A 5,000 kr bonus will generate an extra 4,007 kr of net incomes.
NOTE* Withholding is calculated based on the tables of Norway, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.