Skat
Here you can read more about the annual statement, tax rules and accounts
Help with the annual statement
Every year, BKF prepares an auxiliary appendix to the annual statement which you can use to get an overview of your income and expenses in your artistic business.
You will find the appendix to the 2025 annual statement here.
Help with tax and VAT
BKF helps with advice and guidance for your tax and VAT accounts. We also run regular courses on how to approach your accounts as an artist.
You can also search for direct information about deduction rules, tax rules, etc. in Artists' Taxation. You can find the latest edition here:
Artists' taxation 2026 – pdf version – published by the Danish Council of Artists
Salaried, self-employed or fee recipient
Artists are generally taxed according to the same rules as other business groups. However, the tax and VAT regulations contain certain provisions which are specifically aimed at artists.
Whether you are an employee, self-employed or a fee recipient, you have, among other things, importance for:
- which expenses you can deduct
- the deductible value of your expenses,
- whether you have to pay AM contributions and how much
- whether you can deduct losses from the activity in other income
- how the tax is collected and
- whether you can use the company scheme
If you are a fee recipient, or if you run a hobby business, the following applies, among other things: the rule that your deduction for expenses for an activity cannot exceed the income from the same activity. (The net income principle).
If you have several activities, they are assessed separately. You can, for example, be a wage earner with one activity and at the same time a fee recipient or self-employed with your other activities.
Accounting and auditing
There is an accounting obligation for artist companies, i.e. companies which are typically operated under a CVR no.
Income as an employee or fee recipient is not subject to accounting, but you must be able to document your expenses in order to obtain a deduction. It is recommended that an accounting program is used, e.g Billy, Dinero or other programs.
Dinero has a free version of their accounting software available, but BKF members can also make use of our discount agreement with Dinero. Read more here.. In overview of auditors is blue. available on Dinero.
The rules for bookkeeping are described in more detail in Artists' Taxation.
New Act on digital bookkeeping
The new bookkeeping act means that the majority of companies are obliged to use a digital bookkeeping system or an external bookkeeper. The new law aims to make your company's bookkeeping easier. Specifically, your company's transactions must be recorded in a digital accounting system, and you must have a procedure for this.
Who is covered per January 1, 2025?
Companies with an obligation to submit an annual report according to the Annual Accounts Act that use a non-registered bookkeeping system must book digitally from 1/1 2025.
Who is included per January 1, 2026?
Personally owned companies with an annual net turnover of more than DKK 300.000. for two consecutive years (e.g. 2025 and 2026).
You can read more about the special specifications in The Business Authority's Guidance or The business guide.
Leaflet for donors
The pdf version of “Getting the most out of your money!” with information on the taxation of endowments for those who distribute them, you will find here.
Opportunities for companies to deduct purchases of art from tax
Companies have the option of deducting expenses for artistic decoration from their tax accounts – a special tax benefit for the benefit of both businesses and artists.
The requirements for depreciation are:
- It must be an original work of art. This applies to paintings, sculptures, graphics, photographs, installation art and the like. For graphic and photographic works, it applies in particular that they are numbered and signed by the artist and only produced in a limited edition. Reproductions are not covered.
- It must be a first-time purchase directly from the artist or through a gallery that has the artwork on commission.
Audit firm BDO gives in this pamphlet from February 2023 an overview of the most important parts of the rules for depreciation of companies' purchases of art.
Artikler's report
- News, Misc
Member has been required to pay full tax on a production grant from the Statens Kunstfond.
- News, Misc
