Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
672,500 kr
Bracket Tax
- 20,200 kr
National Insurance Contribution
- 53,800 kr
Common Tax
- 110,946 kr
Total tax
- 184,946 kr
Net pay
* 487,554 kr
Marginal tax rate
43.4%
Average tax rate
27.5%
72.5%
Net pay
27.5%
Total tax
Total tax
Net pay
The Taxberg
487,554 kr
Net pay
94,823 kr
Tax the employer pays
184,946 kr
Tax you pay
Total tax paid
279,769 kr
Did you know your employer also pays tax on your salary? It costs the employer 94,823 kr to pay you 672,500 kr. In other words, every time you spend 10 kr of your hard-earned money, 4.16 kr goes to the government.
Real tax rate
36.5%
So, with you and the employer both paying tax, what used to be a 27.5% tax rate now rises to 36.5%, meaning your real tax rate is actually 9% higher than what it seemed at first.
Summary
If you make 672,500 kr a year living in Norway, you will be taxed 184,946 kr. That means that your net pay will be 487,554 kr per year, or 40,630 kr per month. Your average tax rate is 27.5% and your marginal tax rate is 43.4%. 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 43.40 kr, hence, your net pay will only increase by 56.60 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 566 kr of net incomes. A 5,000 kr bonus will generate an extra 2,830 kr of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
NOK 517065
23.1%
1
Canada
NOK 476327
29.2%
2
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.