Get the most out of your tax deductions

September, 2018.

Denmark is often cited as the country with one of the highest tax rates in the world, with up to 52,02% of personal income. How can the Danes afford expensive cars, throw away usable electronic equipment, and pay thousands of kroner for a blouse? The answer is: tax deductions.

If you pay tax on personal income, you have right to claim:

1. Personal tax deduction of DKK. 46.000 (2018)
2. Tax deduction for working and paying tax
3. Tax deduction for your spouse, if she/he is not working and paying tax
4. Tax deduction for membership payment to your union
5. Tax deduction for membership payment to your unemployment fund
6. Tax deduction for contributions to charities and NGOs
7. Tax deduction for long traveling between home and work
8. Tax deduction for long traveling between home in remote areas and work
9. Tax deduction for working expenses: travel, hotel stay, food etc.
10. Tax deduction for renovating your home to be more environmental friendly
11. Tax deduction for gifts giving to your local sport or cultural club

           …

And the list goes on. But you get the point: there are simply a lot of tax deductions out there. You just have to spot where they are.