What is A-kasse, and why could it be important for a business owner?

In this episode, Kati and Rezső discuss the role of the unemployment fund in Denmark and how self-employed individuals can benefit from it. 💼

🚀 Content:

00:00 - Introduction

01:30 - What is A-kasse?

04:06 - How can you join?

06:47 - How much does A-kasse membership cost?

07:13 - What are the requirements as a sole-proprietor?

09:34 - Closing thoughts

09:53 - Rezső says goodbye to the podcast

Key takeaways from the episode:

📌 A-kasse is available not only for employees but also for business owners, providing financial security in case of unemployment.

📌 The A-kasse membership fee is around 500-550 DKK, and it’s tax-deductible, reducing the actual cost.

📌 Business owners should consider A-kasse membership, as there’s no guarantee that a business will remain successful in the long run.

📷 Contact details for Rezső:

Facebook: https://www.facebook.com/people/OTTO-Fotografi/61556590869148/

Email: ottofotografi@gmail.com

🦉 Cool Accounts ApS

Get the most out of your business!

Leave the bookkeeping and tax matters to a specialist!

https://accounts.cool/en/

What happens if a business owner gets sick? In this episode, Kati and Rezső explore the Danish sick pay regulations and explain how self-employed individuals can receive financial support if they are unable to work due to illness. 🏥

🚀 Content:

00:00 - Introduction

02:02 - Sick pay eligibility requirements

03:25 - Sick pay amount and further information

03:56 - Special insurance options

06:28 - Partial sick pay and part-time work

Key takeaways from the episode:

📌 Sick pay for sole proprietors starts from the second week if the conditions are met.

📌 There is an option for special insurance that can cover income loss starting from the first day.

📌 The support amount is calculated based on the income from the business, with a maximum of 4695 DKK per week in 2024. 🦉 Cool Accounts ApS Get the most out of your business! Leave the bookkeeping and tax matters to a specialist! https://accounts.cool/en/

💼 How can you strengthen your business relationships? Business lunches, gifts, and representation costs – we covered it all in our latest episode!

Rezső is considering inviting a key client from a real estate company to a business lunch to solidify their relationship. But what are the rules in Denmark? Kati explains how business meals and gifts can be deducted, what percentage is tax-deductible, and what documentation is required.

🎙️ Join us in the latest episode of the "Business Lessons in Denmark" podcast, where we break down everything you need to know about representation costs!

🚀 Chapters:

00:00 - Intro

00:33 - Greeting

01:20 - Rezső's dilemma: business lunch with an important client

02:49 - Deductibility rate

04:20 - Documentation

05:30 - Business gifting

07:45 - Summary

Key takeaways from the episode:

📌 Only 25% of business lunch expenses are tax-deductible.

📌 When it comes to gifts, if they are promotional and distributed widely (like branded pens), the costs are fully deductible. For more expensive gifts, only 25% can be deducted, and VAT cannot be reclaimed.

📌 Proper documentation is needed for representation costs: invoices, a list of attendees, and the purpose of the meeting or gift.

​​▶️ Useful links for the episode:

Fradrag for udgifter til repræsentation: https://info.skat.dk/data.aspx?oid=2083501

🦉 Cool Accounts ApS

Get the most out of your business!

Leave the bookkeeping and tax matters to a specialist!

https://accounts.cool/en/