The advance tax return for 2025 will open soon

Soon it will be time to review your tax return and make sure your expectations for 2025 match your registered information with SKAT.

From November 12, you can access the withholding tax return for 2025 via Tast-Selv on skat.dk. Here you will get an overview of expected income, deductions and deduction percentages for the year.

Important changes for homeowners

For homeowners, there is one piece of news worth noting. As of January 1, 2024, new rules for housing tax came into force. This means that in 2025, property tax will once again be collected directly through the advance and annual statement. Property tax will be collected on an ongoing basis instead of two annual installments as it was previously.

What does the prepayment statement involve?

The advance tax return is essentially a tax budget for the coming year. It shows a calculation of your expected income and the deductions you are entitled to in 2025. This information forms the basis for calculating your monthly tax. When your 2025 tax return is ready in March 2026, you'll find out if you've paid too much or too little tax.

The tax withholding statement also forms the basis for your tax card information, including your monthly deduction limit and deduction percentage. That's why it's important that your withholding statement is regularly updated to accurately reflect your financial situation.

When should you correct your tax return?

If there are any changes in your finances - such as a change in salary, new home, interest expenses or pension - you should update your withholding statement. This way you avoid unpleasant surprises in the form of tax arrears or overpayments. Although SKAT receives some information automatically, it only happens at the end of the year. That's why it's important that you report changes yourself as your circumstances change.

By adjusting your tax assessment in Tast-Selv, your tax card is automatically updated and sent to your employer or pension company.

Do you need help?

If your finances have changed or you want to make sure your tax return is correct, we at BUUS JENSEN are happy to help with advice on both tax returns and tax. You can also adjust your tax return yourself via Tast-Selv.