- New procedure for managing input tax effective from 1 July 2025
- Danish taxpayers can use the bookkeeping date for VAT reporting instead of the invoice date
- Bookkeeping date must be within six months of the invoice date
- Addresses issues with internal administrative delays in invoice approval
- Aims to reduce complications from interest rules on corrective VAT returns
- Reduces financial risk and simplifies compliance
- Applies only to invoices issued from 1 July 2025 onward
Source: taxathand.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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