What is købsmoms (input VAT)?

In short

Købsmoms (input VAT) is the VAT on the business's own purchases. It can generally be deducted, so you only settle the difference between output and input VAT.

In practice

The requirement is a valid receipt showing VAT. Some purchases have limited or no deduction — e.g. white-plate cars and restaurant visits.

Go deeper: Danish VAT for beginners: how VAT works in your business

Related terms

• Salgsmoms (output VAT)
• Momsfradrag (VAT deduction)
• See every term in the dictionary

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