What is restskat (underpaid tax)?

In short

Restskat is the tax you still owe once the year is settled — because too little was paid during the year compared to your actual income.

In practice

Pay it before New Year and it costs the least; wait, and interest and later a fixed surcharge are added. Smaller amounts are rolled into next year's preliminary tax automatically. Update your preliminary assessment when income changes — that is how you avoid the surprise.

Go deeper: B-skat: how tax works when you're self-employed

Related terms

• Årsopgørelse (annual tax assessment)
• Forskudsopgørelse (preliminary tax assessment)
• B-skat (provisional tax on B-income)
• See every term in the dictionary

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