Restaurants and cafés in Denmark must ensure their cash register systems are efficient, user-friendly, and compliant with new 2024 bookkeeping regulations. Non-compliance with these standards could result in penalties.
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Reminder - cash register system for restaurants and cafés in Denmark
Denmark
Author: Ivana Picajkić
Category:
Fiscal subject related
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14
Content accuracy validation date:
22.11.2024
Content accuracy validation time:
08:41h
Other news from Denmark
New document was uploaded: Recorded webinar: E-invoicing for Global Retailers
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All countries
Author: Kristina Dosen
If you are struggling with complex e-invoicing implementations across multiple countries, and if you are concerned about mounting costs, potential delays, or compliance risks, our webinar will help you to learn how global retailers can streamline e-invoicing efficiently! With countries worldwide mandating e-invoicing, international retailers face unique challenges adapting to new regulations acros... Read more
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Author: Nikolina Basić
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SAF-T requirement expanded to include entities using unregistered ERP systems in Denmark
Denmark
Author: Ivana Picajkić
Starting January 1, 2025, Denmark will expand its SAF-T requirement to include entities using unregistered digital ERP systems, ensuring these systems can generate compliant SAF-T files for secure data export. Read more
Summary of E-Invoicing and E-Reporting in Denmark
Public
Denmark
Author: Ivana Picajkić
Denmark
Author: Ivana Picajkić
E-invoicing is mandatory for B2G transactions in Denmark, with digital reporting regulations introduced in 2023, requiring entities to register systems by October 2023 for compliance starting January 2024. Upcoming deadlines include mandatory financial statement submissions by January 1, 2025, and compliance for personal ownership companies with turnover above 300,000 DKK from July 1, 2026. Denmar... Read more
The EU's New Template for Multinational Tax Reporting
Public
Denmark
Author: Ivana Picajkić
Denmark
Author: Ivana Picajkić
The EU has introduced a standardized template for large multinationals to report taxes paid in each country of operation, aimed at improving transparency and combating tax evasion. Starting from financial statements post-June 22, 2024, companies with a turnover over €750 million must disclose financial metrics such as revenue, profit before tax, and taxes paid for each country, with the first repo... Read more
Deductibility of VAT on electricity for charging electric cars – refund – re-opening of tax periods
Denmark
Author: Ivana Picajkić
The Tax Council ruled that the questioner could not deduct VAT on electricity tax for charging customers' electric cars, as it did not qualify as a deductible business expense under the VAT Act. Read more