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13 May 2020

The Danish tax rules require that affiliated companies transact with each other on the same terms and conditions that they apply to unrelated parties. This is known as the “arm’s-length principle”. In order to comply with this requirement, it is therefore necessary to have established internal...

/en-gb/insights/tax-and-vat/the-danish-transfer-pricing-rules
24 April 2020

Companies subject to reporting class B of the Danish Financial Statements Act can avail of audit exemption. However, the companies continue to have to prepare and submit financial statements to the Danish Business Authority according to the rules of the Danish Financial Statements Act. Audit...

/en-gb/insights/audit-accounting-insights/worth-knowing-audit-exemption
10 January 2020

When employees drive their own cars for business purposes, they take on costs. Employers can only cover these costs tax-free for the employees by paying fixed-rate mileage allowances and adhering to certain conditions. 

/en-gb/insights/tax-and-vat/tax-free-mileage-allowances
19 August 2019

BDO’s latest Cyber Threats Quarterly Report analyses the impact of cyber threats on critical infrastructure. 

/en-gb/insights/bdo-cyber-threat-insights-q2-2019
08 August 2019

In 2018 the Danish Parliament, Folketinget, adopted a new Holiday Act. The new Act introduces the concept of ”concurrent holiday”, changes the holiday year and introduces a transitional arrangement that will apply for a number of years. These changes are significant and will impact the liquidity...

/en-gb/insights/audit-assurance-insights/new-danish-holiday-act-in-2020
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