Friday, December 6, 2024
HomeDanish PoliticsLaw proposals and ideas6.75 billion DKK to fund tax cuts

6.75 billion DKK to fund tax cuts

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The government proposed to increase the employment deduction (fradrag) from 10.65% to 12.75% (from 45,600 DKK to 54,200 DKK). If it is approved, you will be able to keep more money out of your salary. Also, the government wants to reduce the top tax for revenue under 750.000 DKK from 15% to 7.5%. At the same time, a new extra tax of 5% will be introduced for revenue over 2.5 million DKK. The government is negotiating with the other parliamentary parties to find a common agreement.

Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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