The Government has passed several bills related to the Coronavirus situation with the purpose of supporting Danish trade and industry and Danish employees in order to ease the pressure on the liquidity of Danish businesses. Public authorities and institutions are not covered by the adapted rules.

VAT loans and payroll tax loans are some of the measures introduced to help business, and so are extended reporting and payment deadlines. We have put this page together to help you find out what the initiatives of the aid package mean to your business.

You can read more in Danish about aid packages and the precautions you can take in your business at www.virksomhedsguiden.dk

Contact us if you need help
If you need further information, you may contact us on ( 45) 72 22 12 39 Monday 9:00 - 17:00, Tuesday to Thursday 9:00 - 16:00 and Friday 9:00 - 14:00. 

If you hear children crying or dogs barking in the background when you call us, it is because we are working from home to help you with your tax issues. Yet, we will do our best to guide you.

Most recent updates on aid packages

Date and time Added information about
21 June 2021, 9:30
24 March 2021, 10:30
5 March 2021, 08:30

The compensation schemes of the COVID-19 aid packages are generally considered taxable income and should be included in the taxable income in your tax return. All compensation related to your business operations must be included in the taxable profit of your business.
We regularly receive information from third parties about compensation paid and this information will be included when we check business declarations.

How are compensation schemes taxed?

Compensation for businesses is included in the financial results of the business and any profits will be taxed differently depending on your type of business:

Personally owned businesses (using the business tax scheme):

Personally owned businesses using the business tax scheme (virksomhedsordningen) must calculate their income according to the Danish Business Income Tax Act (Virksomhedsskatteloven) and consequently include any compensation received in the financial results of the business. You pay labour market contributions (AM-bidrag) on the part of the compensation that is taken out of the business, which is considered personal income. 

Personally owned businesses (not using the business tax scheme):

Personally owned businesses not using the business tax scheme must calculate income according to the Danish Personal Tax Act (Personskatteloven). This means that you should include any compensation in the profits of your business (before financial items) and as personal income. You pay labour market contributions (AM-bidrag) on the profit that is included as personal income. 
If your personal income exceeds the top-bracket tax limit of DKK 544,800 in 2021, any compensation after paid labour market contributions may be taxed by up to around 53%.

Companies

Companies must include any compensation amount received in the company’s profits, which are taxed according to the rules of the Danish Corporation Tax Act (Selskabsskatteloven). 

Foundations, associations etc.:

Associations, self-governing institutions etc. are only taxable on compensation received in relation to a taxable and commercial business. Associations etc. are taxable according to the Corporation Tax Act and the same applies to certain foundations. Other foundations are covered by the Danish Foundation Tax Act (Fondsbeskatningsloven) and must be used to calculate your income.

B-income (fees):

If you receive B-income, you must include any compensation in your personal income. You pay labour market contribution (AM-bidrag) on the compensation amount. 
If your personal income exceeds the top-bracket tax limit of DKK 544,800 in 2021, any compensation after paid labour market contributions may be taxed by up to 53%.

Read more about B-income.

Freelancers:

If you carry out freelance work, you will be taxed in the same way as if you receive B-income unless you run an independent commercial business. In that case, you will be taxed as a personally owned business. 

Compensation for pay

Compensation for pay is financial support or subsidies offered to businesses with employees only during periods when the business is affected by Covid-19 restrictions. As a result, compensation for pay must be included as taxable income like other types of Covid-19 compensation.
Pay for employees, however, is not affected by any compensation for pay received by your business, and you should therefore treat salaries as usual.

Time of taxation


According to the current rules, taxable COVID-19 compensation should be taxed once the business has gained the final right to the compensation. As a result, the time of taxation will in certain cases depend on a specific assessment of the circumstances of the cases. And we recommend that you consider the information you received along with the compensation.

Reflection on new legislation on time of taxation


The current rules on the time of taxation could give rise to confusion. Therefore, the Danish Ministry of Taxation is looking into a possible change of legislation so that it will be more clear when COVID-19 compensation should be taxed.

When your business has been compensated from the aid packages, the compensation is generally not subject to VAT. The reason is that subsidies given as gifts, which means subsidies that you and your business receive without having to do anything in return, are not subject to VAT.

However, please note that in certain cases you still have to pay VAT on the subsidy and that it will have an impact on the VAT return you need to file.

Such cases could be:

Subsidy - when you have been given a subsidy to lower the price for your customers

If you have been granted a subsidy in order to lower the price of your good or services, you need to pay VAT unless you provide goods or services exempt from VAT. If the goods or services are exempt from VAT, the subsidy is included in the overall calculation of the deduction rate (pro rata).

Subsidies related to the sale of tickets to cultural events or ferry tickets 

If you have received subsidies from the summer aid packages for, for example, selling tickets to cultural events or tickets for ferry crossings, special rules apply which have an impact on the calculation of your VAT. Please call us on 72 22 12 39 if you have any questions.
See our legal guide for further and extensive legal information in Danish on gifts or remuneration/subsidies

VAT compensation for charitable associations etc.

We consider compensation for pay and compensation for fixed costs as extraordinary. This means that charitable associations should not include these amounts in their self-financing ratio - neither as private income nor as other income (including amounts received from public authorities).

Compensation received from the Danish State to cover half of the admission price for museums etc. in 2020 may be included as own income, despite the fact that it was granted by the State.

Payroll tax

Please note that the subsidy could also have an impact on the payroll tax you have to pay. 
See our legal guide for further and extensive legal information in Danish on payroll tax.

The Danish Parliament has introduced a number of loan schemes for A-tax (tax deducted from income at source) and labour market contributions (AM-bidrag) for small and medium-sized businesses and for large businesses. Businesses can apply for an interest-free loan corresponding to the amount of A-tax and labour market contribution which it has reported on time or which it will report for the periods the loans will cover. A total of tree A-tax loan schemes have been established.

Businesses that can apply for an A-tax loan have received or will receive a letter from us via e-Boks.

Does your business meet the loan requirements?

Your business has to meet a number of requirements to apply for a loan - both prior to application and during the loan period. One of the requirements is that you have to declare A-tax, labour market contributions, VAT, etc. on time. Please see below for the various requirements.

The loan has no impact on the compensation scheeme of the Danish Business Authority
A loan will have no impact on whether your business is entitled to COVID-19 compensation schemes from the Danish Business Authority (Erhvervsstyrelsen) as long as your business meets the repayment deadline of the loan.

Can I apply for a loan if my business owes money to the state?

Businesses owing money to the state may apply for a loan. If a loan is granted, it will not be paid to your business but used to fully or partially cover your debt. This way your business actually obtains an interest-free extension of payment. Other corona aid packages should not be considered debt to the state in this connection.

Please note that other COVID-19 aid packages are not considered debt to the state in this connection.

How do I apply for the loan?

You apply for the loan via www.virk.dk. You can either complete and submit the form yourself or have your business part representative do it for you.

When can I expect a reply to my application?

We will reply to your business message box i E-tax for businesses. You find the box in E-tax for businesses under 'Kontakt' (Contact) and then 'Se svar fra os' (See our reply).

In order to see our reply, your business should be signed up for 'Kontankt med Skatteforvaltningen' (Contact the Danish Customs and Tax Administration).

How and when will the money be disbursed? 

The loan will be disbursed if possible within 12 banking days (unless there are circumstances in the business that must be checked). The loan will be paid to your tax account.

You will receive a reply to your application in your business message box in E-tax for businesses. You find the message box in E-tax for businesses under ‘Kontakt’ (Contact) and then ‘Se svar fra os’ (Reply from us).

How do I repay the loan?

The loan will appear as a future post with a payment deadline in your business tax account. It will thus be paid like any other pasts in your tax account.

Current payment deadlines:

  • 1 November 2022 for the application period 3 February 2021 until 31 March 2021
  • 1 April 2022 for the application period 8 March 2021 until 8 April 2021
  • 1 June 2022 for the application period 9 April 2021 until 7 May 2021
  • 1 Februar 2023 for the application period 10 May 2021 until 7 June 2021
  • 1 May 2023 for the application period 8 June 2021 until 22 June 2021

What happens if the loan is not repaid on time?

If you do not repay the loan on time, your business will incur debt to the state on which interest is added.  If the business’s total debt exceeds DKK 5,000, a payment reminder will be issued. If the business still fails to repay, the debt will be transferred for collection.

Is interest added to the loan?

Interest is not added during the loan period. If the loan is not repaid on time, interest will be added according to  the tax account interest rates.

Can I terminate my loan?

Yes, you can. You send a request via E-tax for business and state that you want to repay the entire loan and the date that you want to do so - however, no sooner that seven days after you have sent your request - and what type of loan you want to repay.

The final payment deadline will be changed and your business may repay the loan. The loan will remain in the account status of your tax account.

What happens if you have to calculate my taxes and duties based on an estimate?

If we calculate your taxes and duties based on an estimate after your business has received a loan, it means that you no longer meet the loan requirements and as a result the loan should be repaid immediately.

Can I cancel my application at any time?

Yes, but you have to submit a request via E-tax for businesses. This is only possible though, in those cases where the loan has not yet been approved but is expected to be.

How can I/we see who has applied for a loan from our business?

On the last page of the receipt, the signature of the person signing the application by means of NemID appears.

Businesses could apply for an interest-free loan corresponding to the A-tax and labour market contributions (AM-bidrag) they reported on time for the various periods.

In order to obtain the loan, businesses:

  • had to have reported A-tax and labour market contributions on time for a least one of the periods related to the loan.
  • could not be under bankruptcy, reorganisation proceedings, voluntary liquidation or compulsory winding-up
  • could not have provided security or been ordered to provide security under section 11 of the Danish Tax Collection Act (Opkrævningsloven). Read more in our Danish-language legal guide
  • could not have one or more tax estimates which have not been replaced by a declaration
  • could not have a natural or legal person who has been convicted of tax fraud within the past ten years, and who:
    • owns the business
    • actually runs the business
    • is a member of the business’s board of directors or executive board
    • is a branch manager in the business
  • could not have changed 50% or more of the ownership during the period from 17 December 2020 up to and including the loan application date. It is, however, possible to apply if you enclose an auditor’s statement confirming the ownership
  • could not be a public institution
  • had to have an active CVR or SE number (central business reg. no./VAT no.).

Your business must meet the above requirements during the entire application period.

Remember to report on time

In order to apply for the loan you had to have reported correctly and timely. Otherwise, your business was not eligible for an A-tax loan.

If your business had not reported on time, it would not be eligible to apply for a loan for that particular settlement period. If your business had obtained a loan, but subsequently fails to report on time and the Tax Agency estimates its tax, it means that the business no longer meets the requirements. As a result, the loan must be repaid immediately, as the business no longer meets re requirements.

If the business does not pay on time, you should be aware that:

  • it may could be possible to obtain a loan. The missing payment would be converted into an interest-free loan, but the loan would be used to cover the outstanding amount - and therefore it would not be paid out to the business.
  • interest were added until a possible loan was granted.
  • you may have received a payment reminder and if so, you would also be charged a reminder fee.
  • a possible loan would not include interest and fees. As a result, interest and fees should be paid by the business, otherwise they would be transferred for debt collection.
  • not all businesses were approved for a loan (this could be businesses under bankruptcy, reorganisation proceedings, voluntary liquidation or compulsory winding-up). This means that if the business did not pay, the missing payment would be transferred for debt collection.

If the business owes money to the state

Businesses that owed money to the state could apply for a loan. If a loan was granted, it was not paid to the business but used to fully or partially cover the debt. This way your business actually obtained an interest-free extension of payment. Other corona aid packages were not considered debt to the state in this connection.

Re-declaration of negative amount before the loan is paid out

If, before the loan was paid out, your business made a negative re-declaration (i.e. a declaration of a negative amount) of the declaration on which the loan was based, the amount would be offset against the loan before the remaining amount was paid out.

Re-declaration of negative amount after the loan is paid out 

If, after the loan was paid out, your business made a negative re-declaration (i.e. a declaration of a negative amount) of the declaration on which the loan was based, the amount would be offset against the loan before any payout of the remaining amount from the negative re-declaration.

You could apply for the the loan at www.virk.dk for different periods:

  1. A-tax loans only for small and medium-sized businesses: From 3 February 2021 to 31 March 2021
  2. A-tax loans for small, medium-sized and large businesses: From 8 March 2021 to 8 April 2021
  3. A-tax loans for small, medium-sized and large businesses: From 9 April 2021 to 7 May 2021
  4. A-tax loans for small, medium-sized and large businesses: From 10 May 2021 to 7 June 2021
  5. A-tax loans for small, medium-sized and large businesses: From 8 June 2021 to 22 June 2021

You can complete and submit the application yourself, or you can get your business’s party representative to do it. Read more about typical party representatives in our Danish-language legal guide.

Read more about the application process at www.virk.dk.

The expected application processing time is twelve banking days (unless there are circumstances in the business that must be checked). The loan will be paid to your business tax account.

You received a reply from us in E-tax for businesses

You received a reply in your business's message box in E-tax for businesses (TastSelv Erhverv). You find the message box in E-tax for businesses under ‘Kontakt’ (Contact) and then ‘Se svar fra os’ (Replies from us).

Your business had to be signed up for 'Kontakt med Skatteforvaltningen' (Contact the Danish Customs and Tax Administration) to see our reply. Read more about how to sign up for Contact the Customs and Tax Administration.

If your application was rejected due to us having to estimate your taxes and duties

Please note that if we have calculated your business taxes and duties based on an estimate within the past three years, and if your business has not replaced such estimates with correct declaration within the settlement period, your business may not be granted the loan. If we have estimated your business taxes and duties in the current settlement period, you can replace the estimate with the correct declaration and then apply for the loan. If you have applied for and been rejected the loan due to us having estimated your taxes and duties, you can replace our estimate with the correct declaration and then reapply for the loan.

This is how you replace an estimate with the correct declaration:

  1. Log on to your business tax account in E-tax for business (TastSelv Erhverv).
  2. Select 'Kontoudtog' (Statement of account) and search for 'Gebyr FF' (Estimated taxes and duties) to find any missing declarations that have resulted in us calculating your taxes and duties based on an estimate. You search via your browser search function.
  3. When you have found out when and what you have failed to declare, you can make new correct declarations.
  4. You find the period which is open and undeclared under the individual tabs in E-tax for businesses such as 'Ansatte' (Employees) 'eIndkomst og A-skat' (E-income and A-tax) for example, 'Moms' (VAT) or 'Lønsumsafgift' (Payroll tax).
  5. Enter the missing declarations. You can read more about how you make a declaration for each subject. Read more about each subject (Currently only in Danish).
  6. It will take up to four days before you can see your new declarations in your tax account. Which is also why you should wait four days to reapply for the loan.

How is the loan disbursed?

If your business is granted a loan, the loan will appear from your business tax account.

If you have any unpaid debt on your tax account, the loan will be used to pay the debt first. Subsequently, any other debt to the state that is in the process of being collected will be offset against the loan. Any remaining amounts will be paid to your business NemKonto.

However, the loan can only be disbursed if you reduce your business's disbursement limit to a low amount, allowing for the remaining amounts from the loan to be paid to your business NemKonto automatically. You can read more about changing the disbursement limit further down on this page.

You can log on to E-tax for businesses (TastSelv Erhverv) to change youru disbursement limit in the tax account.

When transferring a loan to others (disbursement transfer)

A business may transfer part or all of the loan to a third party.  This is also referred to as disbursement transfer.

Read more about the guidelines for transferring a disbursement on the website of the Danish Debt Collection Agency (Gældsstyrelsen (www.gaeldst.dk).

Due to the short deadline between application for the loan and disbursement of the loan, you should request a transfer via email at the same time, at the latest, as the date you apply for the loan. Send your application with a description of what should be transferred (the loan) to Transporter@ADST.dk.

The transfer will take into account the order in which any debt to the state should be covered.

In order for the business to maintain the loan it must

  • not be under bankruptcy, reorganisation proceedings, voluntary liquidation or compulsory winding-up
  • not have provided security or been ordered to provide security under section 11 of the Danish Tax Collection Act (Opkrævningsloven). Read more in our Danish-language legal guide
  • not have one or more tax estimates which have not been replaced by a declaration
  • not have a natural or legal person who has been convicted of tax fraud within the past ten years, and who:
    • owns the business
    • actually runs the business
    • is a member of the business’s board of directors or executive board
    • is a branch manager in the business
  • not have changed 50% or more of the ownership during the period from 17 December 2020 up to and including the loan application date. It is, however, possible to apply if you enclose an auditor’s statement confirming the ownership
  • not have been a public institution
  • not have an active CVR or SE number (central business reg. no./VAT no.).

The business must meet the above requirements during the entire application period.

If you 

The business must repay the loan via its tax account.

  1. A-tax loans for small and medium-sized business with application periods from 3 February 2021 until 31 March 2021:
    No later than 1 November 2021.
  2. A-tax loans for small, medium-sized and large businesses with application periods from 8 March 2021 until 8 April 2021:
    No later than 1 April 2022.
  3. A-tax loans for small, medium-sized and large businesses with application periods from 9 April 2021 until 7 May 2021:
    No later than 1 June 2021.
  4. A-tax loans for small, medium-sized and large businesses with application periods from 10 May 2021 until 7 June 2021:
    No later than 1 February 2023.
  5. A-tax loans for small, medium-sized and large businesses with application periods from 8 June 2021 until 22 June 2021:
    No later than 1 May 2023.

If the business does not repay the loan on time, it will incur debt to the state on which interest is added.  If the business’s total debt exceeds DKK 5000, a payment reminder will be issued. If the business still fails to repay, the debt will be transferred for collection.

If the business cannot pay the A-tax loan on the payment deadline, it may set up a payment arrangement. However, to do so the business must meet certain requirements.

If, during the loan period, the business no longer meets the loan requirements, the loan must be repaid immediately after the business no longer meets the requirements. This may be the case if the business is under compulsory winding-up or its taxes and duties are based on an estimate. If the business closes, the loan must be repaid two weeks after the business’s registration ends.

Please call us on ( 45) 72 22 12 39 if you have any questions about the application, loan, repayment, etc.

We are ready to take your call on Mondays 9-17, Tuesdays, Wednesdays and Thursdays 9-16 and Fridays 9-14.

Processing time for A-tax loans is 12 banking days

If you have already applied for a loan, you can expect our response within 12 banking days (unless there are circumstances in the business that must be checked).

You will receive a reply in your business's message box in E-tax for businesses (TastSelv Erhverv). You can find the message box in E-tax for businesses under ‘Kontakt’ (Contact) and then ‘Se svar fra os’ (Replies from us).

Your business must be signed up for 'Kontakt med Skatteforvaltningen' (Contact the Danish Customs and Tax Administration) to see our reply. Read more about how to sign up for Contact with the Customs and Tax Administration.

The Danish Parliament has adopted another VAT loan scheme enabling small and medium-sized businesses to obtain interest-free loans corresponding to the amount of VAT they have to declare and pay on 1 March 2021 at the latest.

Loans do not impact compensation schemes from the Danish Business Authority

A loan will have no impact on whether or not the business may receive COVID-19 compensation schemes from the Danish Business Authority (Erhvervsstyrelsen) as long as the business meets the loan payment deadline.

Businesses that applied for the loan:

  • could not be a public institution.
  • could not be under bankruptcy or reorganisation proceedings, voluntary liquidation or compulsory winding-up.
  • could not have one or more tax estimates which were not replaced by a declaration. Read more below.
  • could not have provided security or had been ordered to provide security under section 11 of the Danish Tax Collection Act (Opkrævningsloven).
  • could not have a natural or legal person who had been convicted of tax fraud within the past ten years, and who:
    • owned the business
    • ran the business in practice
    • was a member of the business’s board of directors or executive board
    • was a branch manager in the business
  • could not have changed 50% or more of the ownership during the following periods
    • VAT loan 1: period of 9 April until 15 June 2020
    • VAT loan 2: period of 27 October until 18 December 2020
    • VAT loan 3: period of 29 January 2021 until and including the loan application date
    • VAT loan 4: period of 24 March 2021 until and including the loan application date
  • could not be a financial undertaking or credit institute according to section 5(1) paras (1) and (2) of the Danish Financial Business Act.
  • had to have an active CVR or SE no. If a CVR no. was cancelled (for example due to a merger between to businesses), the business was no longer entitled to the loan and we cancelled the loan.

Your business must meet the above requirements throughout the entire loan period.

Remember to file your VAT return on time

To apply for the loan, it was important that you filed your VAT return correctly and on time. This was the requirement for the business to be entitled to the loan. If not, your business could no be considered for such a VAT loan.        

In addition, you should have made sure to settle any outstanding issues, such as replacing one or more tax estimates with a correct declaration. Read more under 'If your loan application has been rejected due to a tax estimate'.

If your business has been granted a loan but forgets to declare A-tax and labour market contributions, VAT or excise duties on time, resulting in your taxes payable being based on an estimate, your business no longer meet the loan requirements. Therefore, the loan should be repaid immediately after your business no longer meet the requirements.           

If your business does not pay on time, you should be aware that:

  • you may still be eligible for a loan. Your missing payment will be converted to an interest-free loan, but the loan will be used to cover the outstanding amount - and as a result the loan will not be paid out.
  • interest will be added to the VAT amount due until you will possibly be granted a loan.
  • we may remind you to pay the outstanding about and in this case, you will be charged a reminder fee.
  • a possible loan will not include such interest and fees. As a result, your business should pay for such interest and fees. Otherwise, they will be transferred for debt collection.
  • you should apply for a loan in the beginning of the period as your business will have to pay fees and interest related to the payment during the application period and while your application is being processed. Also, you risk that these fees and interest is transferred for debt collection if your business already has debt to be collected.
  • it is not all businesses that may be approved for a loan (including businesses subject to bankruptcy, reorganisation proceedings, voluntary liquidation or compulsory winding-up). This means that if the business does not pay in any other way, the missing payment will be transferred for debt collection.

If your business owes money to the state

Businesses owing money to the state may apply for a loan. If a loan is granted, it will not be paid to the business, but used to cover the debt. In this way, the business will effectively obtain interest-free deferral of payment. Other state-aid packages are not considered as debt to the state.

Redeclaration of negative amount before the loan is paid out

If, before the loan is paid out, your business made a negative redeclaration (i.e. a declaration of a negative amount) of the declaration on which the loan was based, the amount would be offset against the loan before the remaining amount was paid out.

Redeclaration of negative amount after the loan is paid out

If, after the loan was paid out, your business made a negative redeclaration of the declaration on which the loan was based, the amount would be offset against the repayment of the loan.

You applied for the the loan via www.virk.dk. You either completed and submitted the application yourself, or you had your business’s party representative do it. Read more about typical party representatives in our Danish-language legal guide.

Read more about the application process at www.virk.dk.

The disbursement of the loan happened as soon as possible within 12 banking days (unless there were circumstances in the business that had to be checked). The loan was paid to your business tax account.

You got a reply from us in E-tax for businesses

You received a reply in your business's message box in E-tax for businesses (TastSelv Erhverv). You can find the message box in E-tax for businesses under ‘Kontakt’ (Contact) and then ‘Se svar fra os’ (Replies from us).

Your business must be signed up for 'Kontakt med Skatteforvaltningen' (Contact the Danish Customs and Tax Administration) to see our reply. Read more about how to sign up for Contact with the Customs and Tax Administration.

If your application has been rejected due to us having estimated your taxes and duties

Please note that if your business's taxes and duties had been based on an estimate within the past 3 years and your business had not replaced the estimate with a correct declaration during the settlement period, your business were not be eligible for the loan. If your business had an active estimate, you could replace this estimate with the correct declaration and then apply for a loan. If you had applied and your application was rejected because your business had an active estimate, you could replace it with a correct declaration and then reapply for the loan.

How you replaced an estimate with a correct declaration:

  1. Log on to your business tax account in E-tax for businesses  (TastSelv Erhverv).
  2. Click the menu item 'Kontoudtog' (Statement of account) and search for 'Gebyr FF' (Fee, estimate) to find the VAT and tax estimates for which you have been charged a fee. Search using the search function in your browser.
  3. When you have found the taxes based on an estimate, you can make a new declaration for the individual taxes and duties.
  4. You find the open periods for which no declarations have been made under the individual tabs in E-tax for businesses - such as 'Ansatte' (Employees), (for example, 'eIndkomst og A-skat' (E-income and E-tax), 'Moms' (VAT) or 'Lønsumsafgift' (Payroll tax).
  5. Replace the missing declaration(s). Read more about how to make a declaration under the individual taxes and duties in Businesses.
  6. It may take up to 4 days until your new declaration is shown on your tax account. You should therefore wait 4 days before reapplying for a loan.

To which account is the loan disbursed?

If your business was granted a loan, the loan will appear from your business tax account. The loan was  disbursed as soon as possible within 12 banking days (unless there were circumstances in the business that had to be checked). 

If your business had not paid VAT, payroll tax or other taxes/duties, the loan would first be used to pay these. Then the loan would be offset against any other debt to the state (if your business owed money to the state). Any remaining amounts from the loan would be paid to your business NemKonto.

However, the loan could only be disbursed if you reduced your business's refund limit to a low amount, allowing for the remaining money from the loan to be paid to your business NemKonto automatically. 

You can log on to E-tax for businesses (TastSelv Erhverv) to change the disbursement limit on your tax account.

When transferring the loan to others (disbursement transfer)

A business may transfer part or all of the loan to a third party. This is also referred to as disbursement transfer.

Read more in Danish about the guidelines for transferring a disbursement on the website of the Danish Tax Collection Agency at www.gaeldst.dk.

Due to the short deadline between application for the loan and disbursement of the loan, you should request a transfer via email at the same time, at the latest, as the date you apply for the  loan. Send your application with a description of what should be transferred (the loan) to Transporter@ADST.dk.

The transfer will take into account the order in which any debt to the State should be covered.

  • could not be a public institution.
  • could not be under bankruptcy or reorganisation proceedings, voluntary liquidation or compulsory winding-up.
  • could not have one or more tax estimates which were not replaced by a declaration. Read more below.
  • could not have provided security or had been ordered to provide security under section 11 of the Danish Tax Collection Act (Opkrævningsloven).
  • could not have a natural or legal person who had been convicted of tax fraud within the past ten years, and who:
    • owned the business
    • ran the business in practice
    • was a member of the business’s board of directors or executive board
    • was a branch manager in the business
  • could not have changed 50% or more of the ownership during the following periods
    • VAT loan 1: period of 9 April until 15 June 2020
    • VAT loan 2: period of 27 October until 18 December 2020
    • VAT loan 3: period of 29 January 2021 until and including the loan application date
    • VAT loan 4: period of 24 March 2021 until and including the loan application date
    • It was, however, possible to apply if you enclosed an auditor’s statement confirming the change of ownership.
  • could not be a financial undertaking or credit institute according to section 5(1) paras (1) and (2) of the Danish Financial Business Act.
  • had to have an active CVR or SE no. If a CVR no. was cancelled (for example due to a merger between to businesses), the business was no longer entitled to the loan and we cancelled the loan.

Your business must meet the above requirements throughout the entire loan period.

    If, either once or repeatedly, you forget or fail to make a declaration after your business has been granted a loan, your business no longer meets the loan requirements. You must repay the loan immediately after you no longer meet the requirements.  

    The business must repay the loan via its tax account.

    1. VAT loans and payroll tax loans with application periods from 17 November 2020 to 18 December 2020:
      No later than 1 November 2021.
    2. VAT loans and payroll tax loans with application periods from 5 May 2020 to 16 June 2020:
      No later than 1 November 2021.
    3. VAT loans with application periods from 17 March to 14 April 2021:
      No later than 1 February 2022.
    4. VAT loans with application periods from 2 June to 16 June 2021:
      No later than 1 November 2022.

    If the business does not repay the loan on time, it will incur debt to the state on which interest is added. If the business’s total debt exceeds DKK 5,000, a payment reminder will be issued. If the business still fails to repay, the debt will be transferred for collection.

    If your business cannot repay the VAT loan by the current payment deadline, your business may set up a payment agreement. To so, however, your business must meet certain requirements.

    If, during the loan period, your business no longer meets the conditions for being granted the loan, te loan should be repaid immediately once the business no longer meets the conditions. This applies if, for example, the business experiences compulsory dissolution or if the business' taxes have been based on an estimate. If the business closes, the loan should be repaid by no later than two weeks after the business has been de-registered.

    Please call us on ( 45) 72 22 12 39 if you have other questions in relation to your application, the loan, repayment or anything else you need an answer to.

    We are ready to take your call on Mondays from 9 am to 5 pm, Tuesdays, Wednesdays and Thursdays from 9 to 4 pm and Fridays from 9 am to 2 pm.

    Response to your application within 12 banking days

    If you have already applied for a loan, we will get back to you within 12 banking days (however, this does not apply if there are matters in your business that we need to check).

    You will receive our response in your business message box in E-tax for businesses (TastSelv Erhverv. You can find your message box in E-tax for businesses under 'Kontakt' (Contact) and then 'Se svar fra os' (See our response).

    Your business must be signed up for 'Kontakt med Skatteforvaltningen' (Contact the Danish Customs and Tax Administration) to see our reply. Read more about how to sign up for Contact with the Customs and Tax Administration.

    The deadline for payment of registration tax for March 2021 has been extended for all businesses registered for registration tax. The payment deadline for March is automatically extended to 15 November 2021. No interest is payable on the deferred amount. 

    Only the payment is deferred. This means that the relevant businesses must still declare registration tax on their monthly return for March and approve the return no later than 15 April 2021.

    Companies and personally owned businesses that use the business tax scheme and made a loss in income year 2019 may apply for an early payment of the tax value of that portion of their loss resulting from research and development expenses (also called the tax credit scheme). Bringing forward the date means that the tax credit will be paid in June instead of November.

    The application deadline for early payment was 15 May 2020.

    See guide on the tax credit scheme (in Danish)

    All businesses liable to pay withheld A-tax and labour market contributions are covered by the deferral rules. Please read more below about what is relevant to your business.

    Generally, public authorities and institutions, including municipalities and regions are not included by the extended deadlines and as a result these should make their declarations and payments as usuas.

    • The payment deadline of 12 October 2020 has been extended to 31 March 2021
    • The payment deadline of 10 November 2020 has been extended to 31 May 2021
    • The payment deadline of 10 May 2021 has been extended to 27 September 2021

    The declaration deadlines have not been changed.

    As a result the upcoming payment deadlines for small and medium-sized businesses are as follows:
    Payment deadline Settlement period Declaration deadline
    10 March 2021 (not extended) February 2021 10 March 2021
    31 March 2021 (extended from 12 October 2020) September 2020 12 October 2020
    12 April 2021 (not extended) March 2021 12 April 2021
    31 May 2021 (extended from 10 November 2020) October 2020 10 November 2020
    10 June 2021 (not extended) May 2021 10 June 2021
    27 September 2021 (extended from 10 May 2021) April 2021 10 May 2021
    After this, the ordinary payment deadlines apply  June - December 2021 10th of the month after the settlement period

    You can see all the declaration and payment deadlines for A-tax and labour market contributions here.

    • The payment deadline of 30 September 2020 is extended to 16 March 2021
    • The payment deadline of 30 October 2020 is extended to 17 May 2021
    • The payment deadline of 31 May 2020 is extended to 15 October 2021

    The declaration deadlines will not be changed.

    As a result the upcomng payment deadlines for large businesses are as follows:
    Payment deadline Settlement period Declaration deadline
    26 February 2021 (not extended) February 2021 26 February 2021
    16 March 2021 (extended from 30 September 2020) September 2020 30 September 2020
    31 March 2021 (not extended) March 2021 31 March 2021
    29 April 2021 (not extended) April 2021 29 April 2021
    17 May 2021 (extended from 30 October 2020) October 2020 30 October 2020
    15 October 2021 (extended from 31 May 2021) May 2021 31 May 2021
    After this, the ordinary payment deadlines apply  June - December 2021 The last working day of the settlement period

    You can see all the declaration and payment deadlines for A-tax and labour market contributions here.

    If you receive a reminder of one of the original deadlines, please disregard it. 

    The Danish Tax Agency may exempt businesses from paying interest and fees if the non-payment is due “sudden events beyond their control, which could not have been foreseen, and if the businesses make the payment immediately after the cause of non-compliance has been removed". We are of the opinion that the corona situation can be characterised as “sudden events beyond their control, which could not have been foreseen".

    Please find below a list of examples of businesses that can apply for exemption from payment of interest and fees on A-tax and labour market contributions.

    Examples of businesses ordered to close
    Businesses that have been ordered to close temporarily as a result of the corona situation can apply for exemption from payment of interest and fees on A-tax and labour market contributions for March 2020. Businesses should note that payment must be made immediately after the cause of non-compliance has been removed, i.e. after the corona situation is over, and that they cannot apply for exemption until they have paid the A-tax and labour market contributions due for March.

    The following businesses have been ordered to close temporarily: 

    • Restaurants, bars, etc. where food, drinks or tobacco are served to be consumed at the premises.
    • Shopping centres, department stores, shopping archades and bazaars.
    • Places offering sports and recreational activities, including amusement archades, play centres, aqua parks, public swimming pools, gyms and cinemas.
    • Tatoo, piercing, spa, personal care, beauty and massage salons, hair dressers and other facilities offering services where physical contact with the customer is required, and sun tanning salons.

    This means that hairdressers, for example, that have been ordered to close as a result of the restrictions pay apply for exemption form payment of interest and fees if the business generally meet the conditions on payment immediately after the cause of non-compliance has been removed.

    Examples of businesses that are still allowed to stay open
    Businesses that have not been ordered to close, but due to the corona situation have found it necessary to close because of lack of customers, or that due lack of customers because of the corona virus  have suffered a considerably decrease in revenue, may apply for exemption from payment of interest and fees on A-tax and labour market contributions for March 2020. Businesses should note that payment must be made immediately after the cause of non-compliance has been removed, i.e. after the corona situation is over, and that they cannot apply for exemption until they have paid the A-tax and labour market contributions due for March. We will make a specific assessment of whether your business has suffered a considerable decrease in revenue before we approve your application.

    The following businesses are still allowed to stay open:

    • Grocery shops, pharmacies and specialised shops with medical equipment.
    • Restaurants etc. selling take-away food.
    • Places offering sports and recreational activities, if such places are used for necessary rehabilitation of people. These places may stay open to these people.
    • Shops selling goods at reduced prices and which are not located in shopping centres, department stores, shopping archades and bazaars.

    This means that restaurants, for example, that have been ordered to stop serving food to be consumed at their premises, but that are now open and sell take-away food, but fail to do so because of the corona situation, may apply for exemption if they pay their A-taxes and labour market immediately after the cause of non-compliance has been removed.

    This also means that a clothing shop, for example, that is still allowed to stay open, but due to lack of customers has chosen to stay closed, may apply for exemption if it pays its A-tax and labour market contributions immediately after the cause of non-compliance has been removed.

    You can not apply until the corona situation is normalised and when the due A-tax and labour market contributions for March are actually paid. Please send your application to us by means of this Danish-language application form (www.virk.dk) or by completing the contact form in E-tax for businesses (TastSelv Erhverv).

    At the moment it is not possible to say when the corona situation is over and when the cause of non-compliance regarding payment of A-tax and labour market contributions for March 2020 has been removed. This depends on several factors that are still unknown and to what extent Denmark could open up again. When we have a clearer picture of this, we will send out application details for exemption from payment of interest and fees on A-tax and labour market contributions.    

    If you do not pay your business A-tax on 31 March 2020 (for large businesses) or on 14 April 2020 (for small and medium-sized businesses), but subsequently pay an amount to your tax account in May to cover excise duties, for example, this payment will be used to cover the unpaid A-tax first. Any excess amount will then be used to cover excise duties. So, the oldest entry is covered first, see the Danish Tax Collection Act (Opkrævningsloven).

    Read more about payments to your tax account

    If I am entitled to a refund
    If you are entitled to a refund of negative VAT, for example, and there is no unpaid debt on your tax account, the credit balance will be used to cover any debt that has been transferred for collection with the Danish Debt Collection Agency (Gældsstyrelsen). Any remaining credit balance will then be transferred to your business NemKonto.

    How does the Tax Agency ensure that I do not have to pay interest and fees?
    When you have applied for exemption from payment of interest, the individual payments will be identified through a manual review. This ensures that no interest is charged on the unpaid A-tax and /or labour market contributions, or that any interest already charged may be written down.

    As a personally owned business, you do not have to pay B-tax in April or May. The payment deadlines are extended to two months which are today instalment-free months:

    • The payment deadline of 20 April has been extended to 22 June 2020
    • The payment deadline of 20 May has been extended to 21 December 2020

    If you pay via your B-tax instalments via direct debit, Betalingsservice, you do not have to do anything further, as they are automatically deferred to the extended deadlines. If you pay via online banking, you just have to pay by the extended deadlines. 

    What to do if I receive an automatic reminder of one of the original deadlines?
    If you receive a reminder of one of the original deadlines, please disregard it.  

     

     

     

    If you pay B-tax and the profit from your business has suddenly decreased, you can already now correct your profit in your preliminary income assessment in E-tax (TastSelv).

    In this way, you reduce your B-tax instalments, making the instalments lower and possibly lapse. You will  automatically receive new giro transfer forms or payment lines in E-tax for the remaining months of the year.

     

    Log on to E-tax for individuals (TastSelv Borger)
    Correct your business profit in field 221 in your preliminary income assessment for 2020

    Remember to increase the profit when the situation changes
    To avoid having to pay outstanding tax, it is important that you remember to correct the profit again when the situation changes. So, when the situation changes and you start earning a profit, you must increase the profit again and you will then receive new B-tax instalments.

    We are aware that this is a very special situation. We consequently take this into account in our inspection and audit policy. However, we are keeping an eye on whether businesses remember to increase their profits when the situation normalises. You must increase the profit again in E-tax (TastSelv) when your situation changes.

    On 17 March, the Danish Tax Agency sent a letter to 140,000 personally owned businesses which were to pay the next B-tax instalment on 20 March 2020. The letter informed the business owners that they could make a downward adjustment of the profit for the year in their preliminary income assessment in E-tax (TastSelv) if they found that there would be no profit for the year or that it would decrease significantly. For some businesses, this could mean that the B-tax instalment payable on 20 March would lapse.

    If you changed your profit in your preliminary income assessment no later than 18 March 2020 at 16:00, and your B-tax instalment for March decreased or lapsed , the B-tax instalment for March would not be paid via Betalingsservice.

    If you were to pay a smaller amount, you have received a giro transfer form, which you must pay. Payment of any B-taxes for the rest of the year will instead be debited automatically in accordance with the extended deadlines via Betalingsservice.

    If you changed your preliminary income assessment later than at 16:00 on 18 March 2020, the change would not have effect. The original B-tax instalment for March 2020 would therefore generally be debited to your account.

    If you paid too much, the excess amount will be refunded to you in April unless you have arrears against which we will offset the amount first.

    The tax return filing deadline for businesses and companies has been extended for income year 2019. The same applies to companies whose tax return filing deadline is October 2020 for income year 2020.

    The deadline has been extended to give accountants more time to help businesses meet the filing deadline. What this means to you depends on whether you have a business or a company.

    How is the declaration and payment deadline changed for payroll tax?

    For businesses covered by the so-called method 4 (such as dentists, occupational therapists, physiotherapists, self-employed taxi drivers, etc.), the payment deadline for payroll tax is extended to:

    • 2nd quarter 2020 from 15 July 2020 to 1 September 2020
    • 3rd quarter 2020 from 15 October 2020 to 16 November 2020

    The payment deadline for payroll tax on last year’s profit has not been extended.

    Payroll tax (method 4)
    Settlement period Original declaration and payment deadline Nex extended declaration and payment deadline
    2nd quarter 2020 15 July 2020 1 September 2020
    3rd quarter 2020 15 October 2020 16 November 2020

    Get an overview of all declaration and payment deadlines for payroll tax (in Danish).

    What to do if I receive an automatic reminder of one of the original deadlines?

    If you receive a reminder of one of the original deadlines, please disregard it. 

    If you want to pay before the extended deadlines, you need to increase the refund limit of your tax account. This means that businesses with no liquidity challenges can continue to pay tax and VAT within the usual deadlines because they may keep the paid amount in their tax account up to the extended payment deadline.

    If you do not increase your refund limit, the payment will be returned from your account to your business NemKonto as excess payment. To keep the paid amount in your tax account, you should log on to E-tax for businesses (TastSelv Erhverv) and change the refund limit of your tax account. You should do so before your make the payment.

    • You can increase the refund limit of your tax account from 7 May 2020 up to and including 1 June 2022.
    • The maximum refund limit of your tax account is DKK 100 billion.
    • The refund limit will automatically be reset to DKK 0 immediately after 1 June 2022.
    • If your business still wants a refund limit after 1 June 2022, you should set a new limit immediately after this according to the rules the apply at that time.

    Update 30 November at 3:30 pm

    We are in the process of clarifying the tax implications of receiving financial compensation due to the corona situation. We will update this page with the correct guidance as soon as possible.

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