Denmark: Fixed rates to Guarantee Fund remained unaltered for 2024

Edit Buliczka
November 8, 2023

On November 3, 2023, the Danish Guarantee Fund announced on its website the contribution fixed rates for 2024. The rates remained unaltered, implying that in 2024 the Guarantee Fund must continue to collect DKK 30 per insured under occupational accident insurance and DKK 40 per policy for the following insurances:

  • Family insurance policies
  • Homeowners insurance policies
  • Health insurances
  • Change of ownership insurances
  • Seller liability insurances
  • Construction damage insurance

As outlined in a previous update, motor insurance policies will be taken out or renewed on or after December 24, 2023, will be excluded from the payment of the contribution to accordance with Directive 2021/2118/EC of the European Parliament and of the Council of November 24, 2021.

Sign up for Email Updates

Stay up to date with the latest tax and compliance updates that may impact your business.

Author

Edit Buliczka

Edit is a senior regulatory counsel. She joined Sovos in January 2016 and has extensive IPT knowledge and experience. Her role ensures the IPT teams and systems at Sovos are always updated with legislative changes. She is a Hungarian registered tax expert and chartered accountant and has worked for companies in Hungary including Deloitte and KPMG and as an indirect tax manager she worked for AIG in Budapest. She graduated with an economist degree from Budapest Business School, faculty of finance and accountancy and also she has a postgraduate diploma from ELTE Legal University in Budapest.
Share This Post