Ordinary tax on account is payable twice a year in equally large amounts. From February and onwards the company can see its ordinary tax on account instalments in E-tax for businesses (TastSelv Erhverv). The company may increase or decrease the instalments (optional tax on account). The instalments are calculated to be 50% of the company’s average corporation tax of the past three years.

  • The payment deadlines for both ordinary and optional tax on account are 20 March, 20 November 2018.

  • The payment deadline for the third optional tax on account 2018 is 1 February 2019.

  • The company pays via its tax account. The payment ID to be used is stated in the giro transfer form or in the company’s tax account under ‘Stamoplysninger’ (Master data) in E-tax for businesses.

Report and pay optional tax on account

The company may pay optional tax on account, if the ordinary tax on account seems to be too low, for example. To do so, you have to report your optional tax on account payment in E-tax for businesses (TastSelv Erhverv) where you also find a reporting guide.

We recommend that you log on to E-tax for businesses regularly to check your tax account. All tax on account instalments will appear from the company’s tax account as amounts payable to the Danish Tax Agency (Skattestyrelsen). We do not automatically reduce the optional tax on account if the company does not make the payment.

Optional tax on account does not appear in the tax account until the day after that the reporting has been made in E-tax for businesses.

Deadlines

The payment deadlines for optional tax on account are 20 March for the first instalment, 20 November for the second and 1 February the following year for the third.

It is important to report changes before you pay, otherwise you may risk that your payment is returned.

Requesting a refund of optional tax on account prematurely

In future, if companies requests a refund of paid optional tax on account before the tax assessment notice is available and at times when the certificate of deposit interest rate is lower than -0.2%, such companies will be charged a negative interest rate. This applies at the moment (the certificate of deposit interest rate has been -0.65% since 8 February 2016).

If the tax on account instalment is too high, the company may reduce the instralment in E-tax for businesses (TastSelv Erhverv).

The reduction must be made no later than on the day of the deadline.

The tax assessment notice for income year 2017 will be sent by digital post in October 2018.

You can see your tax assessment notice in E-tax for businesses (TastSelv Erhverv), 'Kontakt' (Contact), 'Meddelelses arkivet' (Message archive).

If you are entitled to a refund of overpaid tax, it will be deposited into the tax account of the company.

If the company has outstanding tax to pay, it will likewise be managed via the company tax account. The payment ID to be used is stated in the tax assessment notice or under the company tax account, stamoplysninger (Master data) in E-tax for businesses.

If the company has entered a joint taxation group, the management company will receive the tax assessment notice. Payment will be charged via the tax account of the management company.

If you make a payment from a non-Danish bank account, you will need the following IBAN no., BIC/SWIFT code and account no.:

IBAN no.: DK87 0216 4069 1633 94
BIC/SWIFT code: DABADKKK
Account no.: 02164069163394
Account holder: Skattestyrelsen

Please state your VAT no. (SE no.) in the comment field. 

Please see our legal guide (in Danish) for further legal information.