New public property assessment system
All property owners in Denmark will receive new public property assessments based on a new and more reliable assessment system
As a property owner in Denmark, you pay property value tax on property you own, and you pay land tax on the value of your land. To determine your taxable values, we carry out public property assessments.
Property assessments have, however, been suspended since 2011, while a new property assessment system is being developed. In the meantime, the 2011 assessment has been used as the basis for property taxes. In some cases where a property has undergone significant changes, a preliminary update of the property assessment may be made.
The new public property assessments will be made available in stages starting with owner-occupied properties, followed by assessments for commercial, farm and forest properties. The first assessments were issued in autumn 2021.
1. Specification of key data
Before we make the assessment of your property, you will receive a specification of the key data on which the assessment will be based (“Deklaration” in Danish). If you find the data to be correct, you do not have to take any action. If you disagree, you can file an objection. Call us, if you need further guidance as to how.
2. Revised specification of key data
If – in addition to what you may send - we receive new information that may impact the value of your property significantly, we will send you a revised specification of data (“Gendeklaration” in Danish). The revised specification will present both the original and the revised key data on your property.
3. Assessment of your property
We will notify you, when the assessment of your property is available (“Ejendomsvurdering” in Danish).
4. Possible tax refund
If it turns out that you have been paying taxes based on a property assessment which was too high in the period 2011 to 2020, you may qualify for a tax refund. This refund will be transferred to you automatically. In the opposite case, however, you will not be asked to pay back taxes.
When you receive the documents specified above, they will include information about relevant rules and deadlines.
You can find more in-depth information on property valuation and taxation in the Danish sections of this website. More general information in English about property in Denmark, land tax and property value tax, is available at Skat.dk: Introduction to property in Denmark
Call us, if you have questions
If you have question, feel free to call us at +45 72 22 16 26