Every month on the 1st and no later than the 10th the employer must pay the 8% labour market contribution and 30% hydrocarbon tax withheld during the previous month.

The total amount of tax payable must be converted into DKK (Danish kroner) by using the exchange rate of Denmark’s central bank, Danmarks Nationalbank, current on the first bank day of the month (www.nationalbanken.dk)

The taxes withheld must be paid in DKK to the following bank account:

Account No. (IBAN): DK6202164069071597
BIC/Swift code: DABADKKK

Danske Bank A/S
Statens Koncernbetalinger
Girostrøget 1
DK-0800 Høje-Tåstrup
Denmark

The employer must report on the taxes withheld in the following way:

Monthly specification of wages and taxes withheld

Every month on the 1st and no later than the 10th the employer must specify the wages and the taxes withheld during the previous month on the individual employee.

The applicable spreadsheet 49.109 - Specification of wages and hydrocarbon tax withheld must be e-mailed to kulbrinte-bogforing@sktst.dk.