Company bankruptcy in Denmark - Lønmodtagernes Garantifond (LG) Company bankruptcy is a difficult situation - lack of paychecks and uncertainty about tomorrow can spend your sleep 😟. But the good news is that in Denmark, employees are not left alone! 🇩🇰 Thanks to Lønmodtagernes Garantifond (LG) - the Employee Guarantee Fund - you can get your money back and ensure your financial security....Read More
selling in denmark private items vs. taxes Many of us sell something privately from time to time - it could be an old phone 📱 , furniture , clothes , bicycle 🚲 or electronic equipment 💻. Today it is especially easy thanks to platforms such as DBA, GulogGratis, Facebook Marketplace or various online sales groups 🌐. But where...Read More
Briefly and to the point about commuting deductions: If you commute more than 24 kilometers to and from work (i.e., more than 12 kilometers one way), you are entitled to deduct commuting expenses from your taxes (according to the current rates for the year, which are set by the Danish tax authority SKAT) regardless of what mode of transportation you use (car, scooter, bicycle,...Read More
Many Danes and people residing in Denmark have problems paying their bills on time. This is shown in a semi-annual report by Experian, which owns and operates the RKI registry. As of the end of June 2023, 173,000 people over the age of 18 were registered in the RKI, an increase of about 2,100 since the beginning of the year. The age group, in...Read More
The percentage of women seeking shelter and assistance in women's crisis centers (known as krisecentre) increased again last year. According to data released today by Statistics Denmark, a total of 3,000 women and 2,300 children were housed in women's crisis centers in 2022. This represents a 12 percent increase from 2021. The vast majority of women were housed in centers....Read More
Briefly and to the point about traffic fines: We can receive a fine if we commit a traffic offense and the Danish police stop us in the act, i.e., for example, when we drove through a red light or talked on the phone while holding it to our ear while driving, and the police were controlling traffic at that point. Much more often, we can receive a fine....Read More
Briefly and to the point about FeriePenge and Ferielov: Feriepenge is otherwise known as vacation pay, which is due to every person working legally in Denmark. Approximately 2.08 days of vacation are accrued for each full month worked. On an annual basis, this makes a total of 25 days, or 5 weeks of vacation. For more information on FeriePenge, how they are calculated, how to pay them....Read More
