Field

Form

 Field text

138

07.067 EN

Tax base determined under section 4 of PAL
The taxable return determined in accordance with the provision in section 4 of PAL must be stated in this field.

Reference is also made to the Danish Tax Agency's legal guide, section C.G.2.3.2.

Please note that only pension savings accounts with a positive tax base in the income year are included in field 138.

139

07.070 EN

Tax base determined under section 4a of PAL
The taxable return is determined in accordance with the rules in section 4a(2)-(10) of PAL.

The taxable return determined in accordance with the provision in section 4a of PAL must be stated in this field.

Reference is also made to the Danish Tax Agency's legal guide, section C.G.2.3.3.

Please note that only pension savings accounts with a positive tax base in the income year are included in field 139.

140

07.067 EN 
07.070 EN

Reduction under sections 10(2) and (5) of PAL
The total reduction amount must be stated, corresponding to the sum of the separately determined reduction amounts under section 10(2) of PAL for each individual client's savings scheme under section 1(1) of PAL. Reference is also made to the Danish Tax Agency's legal guide, section C.G.2.7.3, as concerns the determination of the reduction amount.

141

07.067 EN 
07.070 EN

Tax base
The final tax base must be stated in the field as field 138 or field 139 reduced by field 140.

Whether field 138 or field 139 is used depends on the form used by the institute (forms 07.067-07.069 have field 138, while forms 07.070-07.072 have field 139).

The field is calculated automatically in E-tax for businesses (TastSelv Erhverv).

142

07.067 EN 
07.070 EN

Negative tax as at 31 December in the income year to be carried forward
The negative tax which cannot be offset against any positive tax in the schemes to which the negative tax relates must be stated in this field.

The amount may therefore be carried forward for offsetting in future income years.

701

07.067 K EN  
07.070 K EN 

Tax paid previously (under section 4 or section 4a of PAL)
The field contains the amount from field 893 'Tax for the year after offsetting negative tax' in the 'Previously declared' column, i.e. the total tax paid under section 4 of PAL in connection with the latest declaration.

The field is calculated automatically in E-tax for businesses (TastSelv Erhverv).

711

07.067 K EN
07.070 K EN 

Difference (under section 4 or section 4a of PAL)
The difference between field 893 and field 701 must be stated in this field.

If the difference is a negative amount, the amount must be entered with a negative prefix (minus).

The field is calculated automatically in E-tax for businesses (TastSelv Erhverv).

721

07.067 K EN  
07.070 K EN 

Interest under section 27 of PAL (on the difference between section 4 or section 4a of PAL)
Interest must be calculated from 20 February of the year following the income year and until and including the day before payment is made.

Positive PAL tax
The pension provider must calculate the interest if the total correction in field 711 is positive.

In case of positive PAL tax, interest must be calculated in order for the declaration to be accepted in E-tax for businesses (TastSelv Erhverv).

Negative tax
The Danish Tax Agency calculates the interest if the total correction in field 711 is negative.

If interest is declared, the correction cannot be accepted if the correction results in negative PAL tax.

731

07.067 K EN  
07.070 K EN

Payable/disbursable (following correction under section 4 or section 4a of PAL)
The sum of field 711 and field 721 is determined here. Negative amounts must be entered with a negative prefix (minus).

The amount is calculated automatically in E-tax for businesses (TastSelv Erhverv).

810

07.067 EN  
07.070 EN

Tax for the year before offsetting negative tax
15.3% tax is charged on the determined tax base in field 141. The field cannot be negative.

The amount is calculated automatically in E-tax for businesses (TastSelv Erhverv).

811

07.067 EN  
07.070 EN 

Offset negative tax from previous years
The negative PAL tax carried forward from previous income years which has been offset against the positive tax for the year must be stated in field 811.

07.067 EN
07.070 EN

Paid on account
If tax has been paid on account, the total amount paid on account must be declared in field 891.

Please note that the amount constitutes a declaration of an actual payment to the Danish Tax Agency which was made no later than on 19 February of the year following the income year as well as the amount, if any, under terminated schemes for the year before the year of termination. The latter includes amounts paid before the final declaration is submitted due to the rule in section 21 of PAL, according to which the tax must be paid to the Danish Tax Agency within seven days of the amount having been withdrawn from the account.

Other amounts settled within seven days of the day when the tax was withdrawn from the scheme, see section 21(2), third sentence, must also be stated in this field.

The amount is therefore a fixed amount and will, as a general rule, not change when correction declarations are made subsequently.

The field is locked for changes in connection with correction declarations. If it is necessary to correct declared amounts, for example due to an entry error or the like, the Danish Tax Agencys should be contacted.

892

07.067 EN
07.070 EN

Interest-bearing tax for the year
Here, the difference between field 893 and field 891 is determined.

The field is calculated automatically in E-tax for businesses (TastSelv Erhverv).

893

07.067 EN 
07.070 EN

Tax for the year after offsetting negative tax
The total tax liability payable under section 4 or section 4a of PAL must be stated as field 810 reduced by field 811.

The amount is calculated automatically in E-tax for businesses (TastSelv Erhverv).

896

07.067 EN
07.070 EN

Interest under section 21 of PAL from 20 February until date of payment
Interest must be paid on the amount in field 892 'Interest-bearing tax for the year' based on the interest rate under section 27(5) of PAL. The Danish Tax Agency fixes the interest rate once a year and publishes it in a tax notice.

Interest accrues as from 20 February of the year following the income year and until payment is made. If payment is not made as at the final due date for payment, interest accrues under section 27(5) of PAL only up to and including this date, after which point default interest will be calculated under section 28 of PAL.

Interest on tax due is charged at the rate for tax due, see section 27(5), sixth sentence, while interest on overpaid tax is charged at the rate for overpaid tax, see section 27(5), fourth sentence.

Please note that the rate for overpaid tax is only applied to the ordinary declaration, i.e. where too much has been paid on account. The rate is not used for correction declarations that result in tax for disbursement.

Field 896 should not be completed in connection with overpaid tax. Overpaid tax accrues interest until the actual time of disbursement. The Danish Tax Agency therefore calculates the interest in connection with the disbursement.

If amounts are corrected in the fields after clicking the interest calculator button in E-tax for businesses (TastSelv Erhverv), the interest calculator button must be clicked again in order for the interest to be calculated on the basis of the corrected amount.

Please note that the amount constitutes a declaration of the interest calculated in connection with the ordinary declaration for the relevant income year.

The amount of the interest is calculated on the amount of PAL tax due, which has not been paid on account by 19 February of the year following the income year.

Interest is calculated from 20 February of the year following the income year and up to and including the day before payment is made.

The amount declared here will therefore, as a general rule, not be changed in connection with subsequent corrections being made to the declaration.

Interest on amounts payable or disbursable as a result of a correction declaration must accrue as a rate of interest under section 27(5) of PAL and must be declared in the field 720 or field 721 depending on whether the change concerns the tax for the individual or the tax for the institution.

The field is locked for changes in connection with correction declarations. In case of an extraordinary need for changing the stated interest amount under section 21 of PAL, the Danish Tax Agency should be contacted.

899

07.067 EN
07.070 EN

Payable/disbursable at custody account level
The final payable/disbursable tax is calculated as interest-bearing tax for the year in field 892 plus or minus the interest calculated in field 896.

In case of a negative tax amount, the amount in field 896 must be entered with a negative prefix (minus).

The amount is calculated automatically in E-tax for businesses (TastSelv Erhverv).