Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure DK-2020-12/627 – Updated – measures in Denmark
|Country||Denmark , applies nationwide|
|Time period||Temporary, 17 March 2020 – 31 December 2020|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
– Deferral of payments or liabilities
|Author||Carsten Jørgensen (FAOS, University of Copenhagen), Anders Randrup (Oxford Research) and Eurofound|
|Measure added||15 April 2020 (updated 20 January 2022)|
On March 17, 2020, the Government, together with a unanimous Parliament, passed a bill aimed at keeping a close eye on Danish business and Danish employees, so as to ease the pressure on the liquidity of Danish companies. As a result of the Government’s aid packages for businesses, certain deadlines for A-tax, labour market contributions, VAT, on-account tax and the tax return have been extended.
The legal reference for the bill is "LOV nr 211"
The following amendments have been adopted:
Companies' payment deadline for included A-tax and labour market contributions is postponed for the settlement months of April, May and June 2020 by 4 months (only the payment deadlines apply from 30 April to 10 July 2020).
B-tax for April and May 2020 will also postpone the payment deadline, so payment must be made on June 22, 2020 and December 21, 2020 respectively.
In addition, the payment deadline for companies that pay VAT monthly is postponed by 30 days for 3 months (March, April and May 2020). That is, the deadline of 27 April 2020 is postponed to 25 May 2020, the deadline of 25 May 2020 is postponed to 25 June 2020 and the deadline of 25 June 2020 is postponed to 27 July 2020.
For companies that pay VAT on a quarterly basis, the first and second quarters of 2020 will be combined, so that the payment deadline will be 1 September 2020 for both quarters. For companies that pay VAT on a semi-annual basis, the first and second half years are combined, so that the payment deadline becomes 1 March 2021 for both half-years. You must report each period on its own reporting.
Finally, companies will be allowed to have a balance of up to DKK 10 million. DKK on the Tax Account for a temporary period if the companies on March 25, 2020 or later adjust the amount limit.
The following updates to this measure have been made after it came into effect.
|15 June 2020||
On the 15 June 2020 it was contracted to extend to deadlines for tax payments even further. The new deadlines are as follows:
For large enterprises, the following deferral of the payment deadline applies:
For SMEs, the following deferral of the payment period applies:
The original deposit deadline changed from: * April: 10 May 2021 until 27 September 2021 * May: 10 June 2021, until 31 January 2022
Reporting deadlines do not change.
The new deadlines will, therefore, mean that companies will have to pay double tax in January, March, and May.
|Does not apply to workers||Applies to all businesses||Does not apply to citizens|
No special funding required
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Role||No involvement||No involvement|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
Eurofound (2020), Extended deadlines for tax payments, measure DK-2020-12/627 (measures in Denmark), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/DK-2020-12_627.html
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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.