Managing Employee Payroll in Denmark
The text discusses the steps required for a business to prepare payrolls for employees in Denmark. Firstly, the business must register as an employer in addition to being registered for VAT. The entrepreneur should then register with a payroll system and provide the company bank account number and the company registration number. For new employees, the employer needs to provide information such as the employee's address, name, bank account number, sort code, employment contract, CPR number, and type of tax card. The employer should also inform the accountant of the employee's employment terms and conditions to calculate vacation correctly. Finally, the employer should send the accountant information on wages and salaries, including the number of hours worked per month, pay period, gross amount of wages for full-time employees, and hourly rate for hourly paid employees.