kr
๐Ÿ‡ฉ๐Ÿ‡ฐ All calculations are based on Danish rules, rates, and currency (DKK). This calculator is translated for convenience but applies exclusively to Denmark.

Land Tax (Grundskyld) Calculator

Grundskyld is the Danish land tax that all property owners must pay to their municipality. It is calculated based on the assessed land value (grundvaerdi) set by the Danish Property Assessment Agency (Vurderingsstyrelsen) and the municipal land tax rate (grundskyldspromille). This is a significant annual expense for Danish homeowners and varies considerably depending on where you live.

How Grundskyld Is Calculated

The calculation is straightforward: multiply the assessed land value by the grundskyldspromille and divide by 1,000. For example, a land value of 1,000,000 kr with a rate of 26 per mille results in an annual land tax of 26,000 kr. The grundskyldspromille varies between Danish municipalities, ranging from approximately 16 per mille in the lowest-taxing areas to 34 per mille in the highest. Copenhagen municipality currently applies a rate of around 34 per mille, while suburban municipalities may be significantly lower.

Land Tax and Your Budget

Land tax is typically paid in two installments per year, in January and July, but many homeowners prefer to budget for it monthly. This calculator shows both the annual and monthly amounts so you can include it in your housing budget. Remember that land valuations are reassessed periodically, and changes in the grundskyldspromille can affect your bill from year to year. When buying a home, check the local grundskyldspromille as it can make a substantial difference in total housing costs between otherwise similar areas.

Frequently Asked Questions

How do I calculate land tax?

The calculation starts from the latest public property assessment of your land (grundvaerdi). Before the tax is calculated, 20% is deducted from the land value. This is called the tax base. You pay a per mille rate of the tax base in land tax.

When do you pay land tax?

When ownership changes, the land tax collection is updated and sent to both the previous and new owner. The tax is divided from the takeover date. The new owner receives a bill from the date of takeover.

Is it worth paying land tax?

The interest rate on deferred land tax is 2.16% in 2026, and unlike mortgage interest, this cannot be deducted from taxes. To avoid paying interest and increasing debt while reducing equity, it can be worthwhile to pay land tax on an ongoing basis.

Sources