Thursday, October 24, 2024
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 The advance tax statement

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According to experts, it is important to correct the advance tax statement (forskudsopgørelsen) this year. Why? To get the right amount of tax deductions. For example, if you restructure your mortgage loan, you pay a higher interest rate for which you can obtain tax deductions. 

  • There are two tax statements: annual tax statement (Årsopgørelse) and advance tax statement (Forskudsopgørelse). 
  • The annual tax statement comes in March and it is an overview of the year that passed. For example, in March 2023, we will get the 2022 tax overview. This tells you if you paid too little, just enough or too much. 
  • The advance tax statement is like a budget for the next year (in our case 2023). You correct the information that the tax authority (SKAT) has in order to get the right amount of tax deductions from January 2023. 
Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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