Taxation in Denmark. Tax for foreigners

Transcription

1 Taxation in Denmark Tax for foreigners

2 Programme Public spending Top 3 Tax liability Calendar E-tax Final tax Leaving Denmark Further information Contact information Questions Full or limited tax liability Income and / or property from abroad Important dates during the tax year Skat.dk/english Preliminary income tax (Forskudsopgørelse) Tax notice (Årsopgørelse) Overpaid or outstanding tax

3 Public spending Top Social protection Health service administration Education

4 Tax liability Full or limited tax liability Full tax liability Any person living in Denmark must pay tax in Denmark Limited tax liability Any person working but not living in Denmark, must pay some tax (on wages, salary, etc.)

5 Tax liability More than six months = full tax liability Danish salary, interest, etc. is automatically put on your tax notice You can apply for tax deductions like any other Danish taxpayer

6 Tax liability Income and / or property from abroad If you are liable to pay full tax and have income or property abroad, you have to inform SKAT EUR

7 Calendar Important dates during the tax year The Danish tax year runs from 1 January to 31 December From mid-march you can submit information to your tax return. The sooner you submit, the sooner you get the your tax notice. JAN FEB MAR The deadline for submitting your tax return is 1 May APR MAY JUN If you have foreign income or income from your business, the deadline is 1 July JUL AUG SEP Submit information regarding your preliminary income / tax card for the next year. OCT NOV DEC

8 E-tax (TastSelv) Skat.dk/english

9 E-tax (TastSelv) Main page Tax notice Preliminary income Payment Personal tax information Vehicles Contact Profile Help Tax notice Change your / mobile Your tax for 20XX and previous years View the tax notice 20XX Preliminary income (tax card) Change the tax notice / tax return 20XX Pay outstanding tax Report deduction for wage costs in connection with household services servicefradrag/ håndværkerfradrag Search your earned income this year Preliminary income 20XX The tax you pay during 20XX

10 E-tax (TastSelv) Preliminary income (Forskudsopgørelsen) 50,000 / year Choose a previous preliminary income Calculate

11 E-tax (TastSelv) Preliminary income (Forskudsopgørelsen) Income New tax card Approve Go back

12 E-tax (TastSelv) Tax notice (Årsopgørelsen) Årsopgørelse XX v

13 Tax notice Overpaid or outstanding tax November Preliminary income tax DKK March Tax notice Salary Benefits Transport deduction Interest Taxable income Bottom bracket tax Health contribution 40 Municipality tax Church tax 500 Calculated final tax Paid advance tax Overpaid tax 0 Salary Benefits Transport deduction Interest Taxable income Bottom bracket tax Health contribution 40 Municipality tax Church tax 500 Calculated final tax Paid advance tax Overpaid tax

14 Tax notice Overpaid or outstanding tax November Preliminary income tax DKK March Tax notice Salary Benefits Transport deduction Interest Taxable income Bottom bracket tax Health contribution 40 Municipality tax Church tax 500 Calculated final tax Paid advance tax Overpaid tax 0 Salary Benefits Transport deduction Interest Taxable income Bottom bracket tax Health contribution 30 Municipality tax Church tax 350 Calculated final tax Paid advance tax Overpaid tax

15 Tax notice Overpaid or outstanding tax November Preliminary income tax DKK March Tax notice Salary Benefits Transport deduction Interest Taxable income Bottom bracket tax Health contribution 40 Municipality tax Church tax 500 Calculated final tax Paid advance tax Overpaid tax 0 Salary Benefits Transport deduction Interest Taxable income Bottom bracket tax Health contribution 45 Municipality tax Church tax 600 Calculated final tax Paid advance tax Outstanding tax

16 Leaving Denmark Please remember to: Inform SKAT at about your residence and other relevant information about your stay abroad when leaving Denmark Deregister at Borgerservice

17 Attention 1. January

18 Further information Skat.dk/english - and at the bottom of skat.dk/english: 18

19 Contact information You are always welcome to contact us Main number Foreign tax number

20 Questions Thank you for your attention