IconLife changes 

Working abroad

When you return and become liable to taxation in Denmark

When you return, you must contact us so that we can figure out how you should continue with your pension scheme.  

  • You can keep your scheme from your time abroad as a dormant scheme without group insurances. This way it will be paid tax-free when you reach the retirement age. 
  • You can also choose to transfer the scheme to your tax-deductible scheme. You will be paying pension return tax of your total deposit and you will benefit from a tax relief for the payments. 

When you return to Denmark and become liable to taxation in Denmark again, you also become liable to payment of pension return tax again. Besides, you must pay capital income tax of the surplus deriving from payments during your stay abroad. 

If you have applied to SKAT for being exempt from paying pension return tax, you must remember to inform SKAT and the pension fund about that you are liable to taxation in Denmark again.