SKAT and tax assessment notice

The maximum deductible contribution to an annuity pension scheme is DKK 60.900,00 kr. (2023). In 2022, the amount was 58.500,00.

If your contributions have exceeded that amount, you will be able to see it in your tax assessment notice under the headline: “Vær opmærksom på” (Please note). Here, it will be stated that SKAT has deleted your tax deduction for contributions exceeding 60.900,00 kr. (2023). (DKK 58.500,00 in 2022) to your pension scheme.

Go to skat.dk and find a section 21A form, fill it in and send it to your pension company along with your tax assessment notice.

If you have made contributions exceeding the maximum limit

Contributions to your annuity savings can be made from employer or from you directly. It is possible to contribute to both Velliv and other pension providers and banks.
We do not have access to information concerning contributions outside Velliv.

If the combined contributions exceed the contribution limit for the tax year in question, it is possible to make a correction adjustment.

Private pension scheme

Tax rules state, that private contributions must always be corrected before contributions to a mandatory pension scheme.
If your contributions have been made to your private annuity savings and you wish to transfer the excess amount to a lifelong old-age pension, please complete form 07.083A which is found at Skat: https://skat.dk/data.aspx?oid=2157180&lang=us

Send the completed form along with your Tax file, which is found under Tax information, once you login to www.skat.dk. Click “print” and save your information as a .pdf file and return it using our safe contact form.
Your tax assessment notice is not sufficient documentation.

If the contributions are made to another pension provider or bank, please contact them directly.
If the pension scheme is a private annuity savings, it is possible to have the excess contribution paid out, if you choose it on the form.

Mandatory company pension scheme

It is not possible to get the excess amount repaid on a mandatory company pension, here the amount will always have to be transferred to a lifelong old-age pension.
Please complete form 07.083A, which you can find at https://skat.dk/data.aspx?oid=2157180&lang=us

Send the completed form along with your Tax file, which is found under Tax information, once you login to www.skat.dk. Click “print” and save your information as a .pdf file and return it using our safe contact form.
Your tax assessment notice is not sufficient documentation.

If the contributions are made to another mandatory pension provider , you can choose which provider, the transfer is made. The excess amount must be available as savings at the chosen pension provider.

Instructions for completion of the §21A-form:

On the first page, you must fill in the tax year in question.

Mandatory company pension:
On page 3 fill in the points 1, 2, 4 og 6.

• Point 1: Mark ”transfer”, fill in the tax year in question and write the amount which SKAT have increased your income with.
• Point 2: Mark ”transfer” once again and insert your personal information.
• Point 4: Date and signature
• Point 6: Fill in the policy number from atop of this email and mark the “lifelong old-age pension” .

Send the completed form along with your Tax file, which is found under Tax information, once you login to www.skat.dk . Click “print” and save your information as a .pdf file and return it using our safe contact form.
Your tax assessment notice is not sufficient documentation.

Private pension scheme:

• Point 1: Mark ”transfer or refund”, fill in the tax year in question and write the amount which SKAT have increased your income with.
• Point 2: Mark ”transfer or refund” once again and insert your personal information.
• Point 4: Date and signature
• Point 6: Fill in the policy number from atop of this email and mark the “lifelong old-age pension” if you have chosen transfer.

Send the completed form along with your Tax file, which is found under Tax information, once you login to www.skat.dk . Click “print” and save your information as a .pdf file and return it using our safe contact form.
Your tax assessment notice is not sufficient documentation.

All e-mail communikation between Velliv and or customers is conducted through a safe TLS-connection (transport layer security), which ensures that you can send the documents safely.

What happens when we have received all the necessary information?

When we receive your information, we can make a correction to the tax report and transfer the excess amount from your annuity savings to your lifelong old-age pension. You will the receive a new statement from SKAT once they have completed the correction.

Please be aware, that it can take quite a while before SKAT have completed the correction.

Contributions at multiple pension providers?

If there are contributions , in this or coming tax year, made to another pension provider or bank, please let us know and we can acount for this in your contributions.

If you have any questions, please call us on +45 70 33 99 99. We are ready to help you Monday-Thursday 8.30-16.30 and Friday 9.00-16.00.

No. When you have sent the filled in section 21A form to the right pension company or bank, they will ensure that your contributions are adjusted. They will also inform Skattestyrelsen.

If insurance cover is included in your pension scheme and you pay tax of the contributions, we will report such contributions to Skattestyrelsen. 

This is the case if, for instance, health insurance is part of your pension scheme. The insurance contributions of which you have paid tax are specified under field 347 of your tax assessment notice.