For the next five years the tax base of company cars will have to be adjusted annually, and in some years even multiple times. This is the consequence of the political agreement about new car taxes.

The Danish Parliament has just passed a bill which makes it possible for both private and public employers to give tax-free gift cards to their employees.

Many Danish export companies have difficulty finding out what reports they must make about their sales of goods to customers in other EU countries.

The second issue of tax:watch 2021, a newsletter about Danish Tax and VAT.

It has now been decided that small and medium-sized enterprises can lend an interest free amount corresponding to the VAT that must be reported and settled on March 1, 2021.

Taxation of only 32.84 % on salary income sounds good, but the application process is unfortunately often associated with long processing times from the Danish Tax Agency.

The Danish parliament has now passed the bill that implements parts of the new political agreement concerning climate.

The threshold for small assets is increased with immediate effect, while the depreciation base for certain machines and inventories are increased to 116 % of the cost price. The increased deduction for R&D expenses is extended until and including 2022

The corona pandemic has caused restrictions on where people can stay and perform their work. For commuters crossing the Danish/Swedish border at Øresund, this can have an impact on both tax and social security