The Danish Tax Administration has published the employment and job allowance (deduction) rates and caps for 2022. These include:
- The employment allowance rate is 10.65%, with a maximum cap of DKK 41,600 in 2022 (10.60% and DKK 40,600 in 2021); and
- The job allowance is 4.50% of income above DKK 202,700, with a maximum cap of DKK 2,700 in 2022 (4.50%, DKK 200,300, and DKK 2,600 in 2021).
The Ministry of Taxation also recently updated the tax rates table for 2018-2022, including the latest …