What is tab på debitorer (bad debts)?

In short

Tab på debitorer are invoices customers never pay. Confirmed losses are tax deductible, and the VAT can usually be reclaimed.

In practice

The loss must be confirmed — through bankruptcy, failed collection or the enforcement court; for claims under DKK 3,000, your own failed reminders suffice. That is why systematic reminders and reacting quickly to non-payment pay off.

Related terms

• Debitor (debtor)
• Inkasso (debt collection)
• Momsfradrag (VAT deduction)
• See every term in the dictionary

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