VAT Returns – Denmark

Denmark

VAT Name :
Meromsætningsafgift/Merværdiafgift (MOMS)

VAT Number Format :
12345678 (8 characters)

VAT Information Offices :
SKAT
Tonder Pioner Alle 1
6270 Tonder

RATES

RateTypeWhich goods or services
25%StandardAll other taxable goods and services
0%ReducedNewspapers and journals (published more than once a month); Intra-EU and international transport; Provisioning of sea vessels if they weigh at least 5 tonnes

EXEMPTIONS

  • Renting and leasing of property (except hotel rooms or advertising space insurance and financial services)
  • Supply of land (other than building land option to tax can apply in certain cases to leasing and letting of immovable property)
  • Hospital treatments, medical practice
  • Charity and social work
  • Educational activities
  • Cultural activities related to museums, libraries or zoos

THRESHOLDS

Registration Threshold : DKK 50,000
(below threshold registration can be on a voluntary basis)
Intrastat Threshold : DKK 5,000,000 (arrivals) / DKK 6,700,000 (dispatches)
Distance Selling Threshold : DKK 6,700,000
Intra-Community Acquisition Threshold : DKK 80,000
VAT Free Shopping for Tourists : DKK 300

PENALTIES

Missed Filing (Returns) : Up to EUR 12.000. Interest charge of 0.06% per day for late VAT due
Missed Filing (Intrastat) : Handling fee charged at DKK 550
Assessment Period : 3 years (can be extended to 10 years where underpayment is on the grounds of gross negligence or fraud)

DEADLINES

Standard Tax Period : See turnover below
– Monthly (greater than DKK 50,000,000)
– Quarterly (DKK 5m – 50m)
– Biannually (less than DKK 5,000,000)
ESL Filing : 25th day of the month following reporting period
Intrastat : 10th working day of the month after the month for which trade is to declared