On 14 November 2018, the Danish Ministry of Taxation has published a tax amount limits table for 2019. The table includes various amount limits for tax purposes in relation to individual income tax, although certain other amounts are included for corporate tax as well.
Individual income tax:
With respect to individual income tax, the main change is an increase in the top tax bracket threshold from DKK 498,900 to DKK 513,400 for 2019. Although not included in the table for 2019, the bottom tax rate is scheduled to be increased to 12.16% for 2019, while the top rate will remain 15%.
Corporate income tax:
With respect to corporate tax, the main change included in the table for 2019 is an increase in the carried-forward loss offset limit from DKK 8,205,000 to DKK 8,385,000 in taxable income (for taxable income in excess of this amount a 60% offset limit applies).
