Many taxpayers in Denmark confuse the Forskudsopgørelse (tax card) with the Årsopgørelse (annual tax return). . This common mistake can lead to problems with SKAT, incorrect tax calculations, or even financial penalties. It is important to understand the difference and keep both documents up to date.
The tax card is a preliminary budget for the upcoming year, prepared by SKAT based on your expected income and deductions. It is issued in November and determines the amount of your tax prepayments for the following year. Thanks to this, you can avoid unpleasant surprises and ensure your tax is calculated correctly.
You should update your Forskudsopgørelse whenever your financial situation changes, for example:
Regularly updating your tax card ensures your prepayments match your real income. This helps you avoid tax penalties.
Without a tax card in Denmark, 55% tax will automatically be deducted from your salary. . This is much higher than the standard tax rate, which is why it is essential to set up and update your tax card correctly.
The tax card is a projection of your tax for the coming year, based on your expected income. The annual return summarizes your actual income and taxes after the year ends.
It is prepared by SKAT every year in November. You should check and, if needed, update it before the new tax year starts.
If your income differs from the estimate, you may underpay tax (which will result in an additional payment the following year) or overpay (meaning SKAT will collect too much in prepayments and issue you a return).
Yes, but it is advisable to seek professional help to avoid errors and make full use of available deductions.
You have access online via the SKAT system, where you can make updates and monitor your prepayments.
Yes. We will check the accuracy of your card, make the necessary changes, and ensure it reflects your real financial situation.
With us, you can be sure that your tax card is accurate and aligned with your financial circumstances. We make sure your taxes in Denmark are calculated reliably, in compliance with regulations, and without the risk of extra costs.
