See tax rates, percentages and maximum/minumum amounts here.
Please use the arrows to see other years.
| Tax | | 2021 | 2020 | |
|---|
| Income from shares (graduated limit) | | DKK 56,500 | DKK 55,300 | |
| Income from shares (tax rates below/above the graduated limit) | | 27/42% | 27/42% | |
| Labour market contributions | | 8% | 8% |  |
| Employment allowance (maximum) | | DKK 40,600 | DKK 39,400 | |
| Employment allowance (%) | | 10.60% | 10.50% | |
| Basic allowance deducted from positive net income from capital in the tax base for top-bracket tax | | DKK 46,800 | DKK 45,800 | |
| Bottom-bracket tax | | 12.09% | 12.11% | |
| Additional employment allowance for single parents (maximum) | | DKK 23,400 | DKK 22,900 | |
| Additional employment allowance for single parents (%) | | 6.25% | 6.25% | |
| Compensation for higher green taxes (the 'green cheque') (others over 18) | | DKK 525 | DKK 525 | |
| Compensation for higher green taxes (the 'green cheque') (pensioners) | | DKK 875 | DKK 875 | |
| Tax deduction for home improvement services (labour costs) | | DKK 25,000 | DKK 12,500 | |
| Tax deduction for household services (services) | | DKK 25,000 | DKK 6,200 | |
| Job allowance (maximum) | | DKK 2,600 | DKK 2,600 | |
| Job allowance (percentage) | | 4.50% | 4.50% | |
| Anniversary bonus/severance pay (lower limit) | | DKK 8,000 | DKK 8,000 | |
| Personal allowance (18 years and over) | | DKK 46,700 | DKK 46,500 | |
| Personal allowance (under 18 years) | | DKK 36,900 | DKK 36,100 | |
| Outstanding tax (limit for inclusion) | | DKK 21,400 | DKK 21,000 | |
| Outstanding tax - interest on a daily basis from 1 January to 1 July | | 1,7% | 1,8% | |
| Outstanding tax - additional interest charge | | 3,7% | 3,8% | |
| Tax ceiling (personal income) | | 52.06% | 52.06% | |
| Tax ceiling (positive net income from capital) | | 42% | 42% | |
| Top-bracket tax | | 15% | 15% | |
| Top-bracket tax (lower limit after deduction of labour market contributions) | | DKK 544,800 | DKK 531,000 | |
| Other employment-related expenses (lower limit for deduction) | | DKK 6,500 | DKK 6,300 | |
| Pension | | 2021 | 2020 | |
|---|
| Old-age pension savings – up until 7 years before state pension age starting in 2023 | | DKK 5,400 | DKK 5,300 | |
| Old-age pension savings – from 7 years before state pension age starting in 2023 | | DKK 52,400 | DKK 50,200 | |
| Deduction for pension contributions, 15 years or less until state pension age (maximum) | | DKK 23,904 | DKK 23,392 | |
| Deduction for pension contributions, 15 years or less until state pension age (percentage) | | 32% | 32% | |
| Deduction for pension contributions, 15 years or more until state pension age (maxmimum) | | DKK 8,964 | DKK 8,772 | |
| Deduction for pension contributions, 15 year s or more until state pension age (percentage) | | 12% | 12% | |
| Top-up relief for pension contributions | | DKK 53,800 | DKK 52,600 | |
| Annuity pension scheme and temporary old-age pension (upper limit) | | DKK 58,500 | DKK 57,200 | |
| Employee benefits | | 2021 | 2020 | |
|---|
| Employee benefits - specifially linked to your work (minimum amount) | | DKK 6,500 | DKK 6,300 | |
| Employee benefits - not specifically linked to your work (minimum amount) | | DKK 1,200 | DKK 1,200 | |
| Value of company car (calculated on minimum car value) | | DKK 160,000 | DKK 160,000 | |
| Value of company car (car value up to DKK 300.000) | | 25% (from 1 July: 24.5 %) | 25% | |
| Value of company car (car value exceeeding DKK 300,000) | | 20% (from 1 July: 20.5 %) | 20% | |
| Value of free holiday home (weeks 22-34) | | 0.50% per week | 0.50% per week | |
| Value of free holiday home (remaining weeks) | | 0.25% per week | 0.25% per week | |
| Value of free telephone, PC, Internet | | DKK 3,000 | DKK 2,900 | |
| Property | | 2021 | 2020 | |
|---|
| Property value tax (property up to DKK 3,040,000) | | 0.92% | 1% | |
| Property value tax (property value above DKK 3,040,000) | | 3% | 3% | |
| Property value tax (income limit for reduction of pensioners' relief, singles) | | DKK 204,200 | DKK 199,600 | |
| Property value tax (income limit for reduction of pensioners' relief, married couples) | | DKK 314,000 | DKK 307,100 | |
| Property value tax (graduated limit) | | DKK 3,040,000 | DKK 3,040,000 | |
| Renting out of holiday home - 40% rule (basic allowance upon reporting of rental income via agency) | | DKK 42,700 | DKK 60,000 | |
| Renting out holiday home - 40% rule (basic allowance upon taxpayer's declaration of rental income) | | DKK 11,700 | DKK 11,500 | |
| Renting out a home you live in - via an agency or a portal | | DKK 29,900 | DKK 29,300 | |
| Renting out a home you live in - private rental | | DKK 11,700 | DKK 11,500 | |
| Children | | 2021 | 2020 | |
|---|
| Child and youth benefit per year (0-2-year-olds) | | DKK 18,516 | DKK 18,384 | |
| Child and youth benefit per year (3-6-year-olds) | | DKK 14,664 | DKK 14,556 | |
| Child and youth benefit per year (7-14-year-olds) | | DKK 11,532 | DKK 11,448 | |
| Child and youth benefit per year (15-17-year-olds) | | DKK 11,532 | DKK 11,448 | |
Child support payments - basic amount (annual/per month)
The standard payment consists of a basic amount and a supplement The supplement is not deductible | | DKK 15,336/1,278 | DKK 15,036/1,253 | |
Child support payments - supplement (annual/per month)
The standard payment consists of a basic amount and a supplement. The supplement is not deductible. | | DKK 1,980/165 | DKK 1,944/162 | |
| Gifts | | 2021 | 2020 | |
|---|
| Gifts to close relatives (upper limit for tax-free gifts) | | DKK 68,700 | DKK 67,100 | |
| Gifts to sons-in-law and daughters-in-law (upper limit for tax free gifts) | | DKK 24,000 | DKK 23,500 | |
| Christmas gifts from employer - tax-free | | DKK 900 | DKK 900 | |