Your company can pay voluntary advance tax for the tax year 2016. This can continually be paid throughout the year to avoid being charged an outstanding tax surcharge at the end of the year. The amount of prepaid taxes can be calculated by multiplying your anticipated income in 2016 by 22% (Danish corporation tax rate).
You can report and pay the tax online at: skat.dk/tastselverhverv .
Always remember to report before you pay the tax otherwise you risk that your payment will be returned.
For 2016 deadlines for payments are:
- by 21 March 2016
- by 21 November 2016
- by 1 February 2017
If you pay too much tax on account, you get the excess back with an allowance for the final settlement of the annual tax due.
You can read more about voluntary advance payment of Danish corporation tax at: skat.dk/selskaber. You can find the Danish tax rates and thresholds at: skat.dk/satser.
If you have any questions please contact us.