You are only required to pay tax on the portion of your annual income that exceeds the total of your personal allowance and other deductions. For most people, this threshold is 58,000 DKK annually (2024) and 70.000 DKK from 2025.
Even if you expect your total income to be less than your total deductions, you should still complete and submit the advance registration form to the Tax Agency, especially if, for instance, you want to transfer your deductions to your spouse.
Spouses Automatic joint taxation for spouses has ended. If you are married, both you and your spouse must each complete and submit an advance registration form.
B-income B-income and income from hunting, trapping, and fishing products are tax-free if the gross income is under 5,000 DKK. If you expect B-income exceeding 5,000 DKK annually, you must enter the total B-income on the advance registration form.
Employee Benefits From the 2023 income year, the value of employee benefits is taxed as A-income. Therefore, you do not need to include these in your advance registration.
Deductions When calculating your taxable income, you can deduct:
- Operating expenses: Necessary expenses to acquire, secure, or maintain income, especially your business income
- Interest on debt: Generally, you can only deduct interest expenses for the portion of debt you are liable for
- Spousal and child support
- Union dues
All fully taxable taxpayers are entitled to a standard deduction of 10,000 DKK annually. If your expenses exceed this amount, you may claim actual expenses instead of the standard deduction by listing them on your advance registration form.
Residual Taxes from Previous Year If you owe residual tax from the previous year, the Tax Agency can include the portion that does not exceed 18,000 DKK, including a 6% surcharge, in your advance tax calculation. This will reduce your advance tax and lower your tax deduction on your tax card.
If you do not wish for any residual tax to be included in your advance tax, you must pay the included amount to the Tax Agency's bank account 6471 – 1002608 by November 20. Remember to include:
- Your CPR number
- The income year the payment relates to, e.g., 2024
- § 5
Fill in the payment message as follows: 010101-0101 2022 § 5
If the due date falls on a Sunday, holiday, or Saturday, the deadline is extended to the next business day.
You may pay your included residual tax at any time, but if payment is made after November 20, the 6% surcharge will apply.
The included amount is shown on your final settlement from the previous year.