Taxation in Denmark. Tax for foreigners

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Transcription:

Taxation in Denmark Tax for foreigners

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 06-03-2018 2

Public spending Top 3 1 2 3 Social protection Health service administration Education 06-03-2018 3

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.) 06-03-2018 4

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 06-03-2018 5

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 06-03-2018 6

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 06-03-2018 7

E-tax (TastSelv) Skat.dk/english 06-03-2018 8

E-tax (TastSelv) Main page Tax notice Preliminary income Payment Personal tax information Vehicles Contact Profile Help Tax notice Change your email/ 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 06-03-2018 9

E-tax (TastSelv) Preliminary income (Forskudsopgørelsen) 50,000 / year Choose a previous preliminary income Calculate 06-03-2018 10

E-tax (TastSelv) Preliminary income (Forskudsopgørelsen) Income New tax card Approve Go back 06-03-2018 11

E-tax (TastSelv) Tax notice (Årsopgørelsen) Årsopgørelse XX v 06-03-2018 12

Tax notice Overpaid or outstanding tax November Preliminary income tax DKK March Tax notice Salary 50.000 Benefits 12.000 Transport deduction -3.000 Interest -4.000 Taxable income 55.000 Bottom bracket tax 2.000 Health contribution 40 Municipality tax 2.500 Church tax 500 Calculated final tax 5.040 Paid advance tax -5.040 Overpaid tax 0 Salary 50.000 Benefits 12.000 Transport deduction -3.000 Interest -4.000 Taxable income 55.000 Bottom bracket tax 2.000 Health contribution 40 Municipality tax 2.500 Church tax 500 Calculated final tax 5.040 Paid advance tax -5.040 Overpaid tax 0 06-03-2018 13

Tax notice Overpaid or outstanding tax November Preliminary income tax DKK March Tax notice Salary 50.000 Benefits 12.000 Transport deduction -3.000 Interest -4.000 Taxable income 55.000 Bottom bracket tax 2.000 Health contribution 40 Municipality tax 2.500 Church tax 500 Calculated final tax 5.040 Paid advance tax -5.040 Overpaid tax 0 Salary 50.000 Benefits 12.000 Transport deduction -7.000 Interest -4.000 Taxable income 51.000 Bottom bracket tax 1.500 Health contribution 30 Municipality tax 2.000 Church tax 350 Calculated final tax 3.880 Paid advance tax -5.040 Overpaid tax -1.160 06-03-2018 14

Tax notice Overpaid or outstanding tax November Preliminary income tax DKK March Tax notice Salary 50.000 Benefits 12.000 Transport deduction -3.000 Interest -4.000 Taxable income 55.000 Bottom bracket tax 2.000 Health contribution 40 Municipality tax 2.500 Church tax 500 Calculated final tax 5.040 Paid advance tax -5.040 Overpaid tax 0 Salary 50.000 Benefits 12.000 Transport deduction -1.000 Interest -4.000 Taxable income 57.000 Bottom bracket tax 2.200 Health contribution 45 Municipality tax 2..755 Church tax 600 Calculated final tax 5.600 Paid advance tax -5.040 Outstanding tax 560 06-03-2018 15

Leaving Denmark Please remember to: Inform SKAT at 72 22 28 92 about your residence and other relevant information about your stay abroad when leaving Denmark Deregister at Borgerservice 06-03-2018 16

Attention 1. January 2017 06-03-2018 17

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

Contact information You are always welcome to contact us www.skat.dk Main number 72 22 18 18 Foreign tax number 72 22 28 92 06-03-2018 19

Questions Thank you for your attention 06-03-2018 20