Here we go again: What you need to know about “Årsopgørelsen”
Every spring, the individual tax assessment notice (årsopgørelse) – dreaded by many – is made available in E-tax/TastSelv.
The tax assessment notice you have been able to view since March 11th of this year contains information about your taxes from last year.
It is important to actively check your notice in E-tax/TastSelv and make sure that the notice includes everything it should. Luckily for internationals, the tax assessment notice and many parts of E-tax/TastSelv are now available in English.
Although the tax agency receives a lot of information about your finances automatically, there are certain things you need to tell them in order for those to be taken into consideration.
This can for example be your travel expenses to and from work, for which you can be entitled to a deduction in tax.
This information needs to be entered by yourself either in advance (forskudsopgørelse) or now, that you have received your notice.
For your own sake, entering reasons for deductions in advance is usually the better idea.
Common examples of things that need to be entered into E-tax/TastSelv by yourself are:
- Your commute to work, which exceeds 12 km
- You have received household/childcare services in your home
- You have made profits or loss on financial investments (e.g., shares) or cryptocurrency
- You have rented out your house/flat, car, camper van or boat
This way, you can get a better idea of how much tax you will be paying during the ongoing year and will be less surprised by the number it says on your årsopgørelse.
In case you forgot to enter some information in you forskudsopgørelse, or you experienced unexpected changes to your financial situation, which you did not enter in E-tax/TastSelv, you might have received a tax assessment notice (årsopgørelse) which needs to be edited.
You can edit 2023’s tax assessment notice until May, 1st 2024.
Receiving your tax assessment notice, you can be faced with three different scenarios:
- You are neither getting a refund, nor are you required to pay outstanding tax.
- You are getting a refund of a portion of your pre-paid taxes – usually due to deductions.
- You are required to pay a certain amount of outstanding tax.
Whatever it says in your årsopgørelse, you should always make sure to double-check it. You might be entitled to a bigger refund or not need to pay the entire amount of the outstanding tax stated on the notice.
If you have outstanding tax, you should try to pay it as soon as possible, as you will be charged an extra interest rate of 5.5% for every day that passes without you paying the outstanding amount. This means that you pay more the longer you wait.
You can pay the outstanding tax until July, 1st 2024. If you do not pay your outstanding tax until that day, the interest rate is raised to 7,5%.
Please be aware that this article can only provide general information and serve as a reminder to check your årsopgørelse. If you have general questions, you can find a lot of information on Skat’s website and in the E-tax/TastSelv system itself.
For more specific questions, you can contact Skat directly. Their employees are very helpful and you can be advised in English.
Is your tax assessment notice looking a bit empty? The International House North Denmark can help you on your way to find a job in the region, explore volunteering opportunities or expand your network.
Reach out to them with any questions you might have as an international living in or planning on moving to North Denmark.
