Overview of Payroll in Denmark

Scandinavian countries are renowned for their high tax rates but what else do employers need to understand about payroll processing in Denmark and their obligations?

This course is aimed at those Payroll & HR Professionals who are processing or managing Vendors who process Payrolls in Denmark and need to have an understanding of the legislative and legal requirements involved.

Having attended this course delegates will have confidence that they understand the fundamentals of payroll processing in Denmark, are clear about employer obligations, know what they need to do on a periodic and annual basis and can answer employee queries and check payslips. Even if you have outsourced the payrolls it is still the employer’s responsibility to ensure these are met and that tax and social security are correctly processed. This course not only gives you the information you need to be compliant but also ensures you know exactly what information should be given to a payroll provider and the various tasks they should be completing on your behalf. Having attended the courses delegates will also be able to accurately follow a simple pay calculation and identify the key items on a payslip for each jurisdiction.

Country Overview:
✓A glossary of terms that are used regularly in payroll
✓ A brief overview of the country
✓ A brief overview of the business culture

Employment Law, including:
✓ Working time
✓ Collective bargaining and union agreements
✓ Work permits
✓ Visas
✓ Employment contracts
✓ Pension requirements

Payroll Administration, including:
 ✓ Reporting
 ✓ Payments for starters and leavers
 ✓ Income Tax including:
 ✓ Rates and allowances
 ✓ Tax deduction cards
 ✓ Tax identity numbers
 ✓ Labour movement contributions

How to process the various types of statutory leave and payments:
✓ Sickness
 ✓ Holidays
✓ Public holidays
✓ Maternity and parental leave
✓ The treatment in respect of tax
✓ Social security

Business expenses and benefits in kind, including:
 ✓ Per diems
 ✓ Company cars
 ✓ Tax free staff welfare items
 ✓ Other tax free items

High level tax calculations, including:
 ✓ Calculations for Denmark
 ✓ How to access the Revenue on-line tax calculation tools

Statutory reporting requirements, including:
 ✓ Monthly payrolls
 ✓ Annual reporting
 ✓ 03.075 in Denmark

Evaluation of Payslips, including:
 ✓ An overview of a Danish Payslip
 ✓ English translations