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Denmark: new VAT support measures against the Covid-19 crisis

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Denmark has taken further VAT measures to support businesses.

  • For large companies (turnover over DKK 50 million): VAT payment deadlines are deferred by 15 days for July settlement and 7 days for August settlement.
  • For SME’s: SMEs can combine the VAT due for the third and fourth quarter together and postpone the payment of the total amount until 1 March 2021

Source: Ministère de la Fiscalité danois (in Danish)

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