The famous “fradrag” is the amount from your salary that is tax-free. We recommend that every time you change your employment situation, you go to skat.dk and correct your preliminary income assessment to ensure you get the most out of your salary. What to consider?
- Transport deduction (if you live more than 12 kilometers from work). All means of transport, including car, train, bus or bike, are covered. This can be found on field 417 on your preliminary income assessment. You don’t get it if your employer pays for your transport.
- Work-related travel expense deduction. If your employer does not cover your work-related travel expenses, you are entitled to deduct expenses for food, accommodation and petty acquisitions while traveling. This is on field 429 on your preliminary income assessment. Remember! The duration of the journey must be at least 24 hours in which you spend the night away from home.
- Trade union membership deduction. You can deduct 7,000 DKK / yearly from the fees you pay to your trade union (field 458).
- Unemployment insurance (A-kasse) and early retirement/flex allowance scheme. You can deduct all the fees paid (field 439).
- Employment-related expenses deduction. You must be able to document your expenses. Eligible categories include courses, home office costs, using your personal telephone, IT equipment, professional journals or scientific works, and special clothing for your work. You can change it only in the tax assessment notice (field 58).
- Private home services deduction. You can get 26% (up to 11,900 DKK per person) from the costs of gardening, babysitting and cleaning services for your home (field 461).
- Installment pension (Ratepension) deduction up to 60,900 DKK per year. (field 347)
- Deduction on losses on investment shares.
- Donations to charities deduction, up to 17,700 DKK per year. If you donate for research purposes, there is no upper limit.
