If you receive compensation for interest on reminder fees, please note that the total amount paid to you is subject to tax in the year of payment and must be declared in box 20, ‘Anden personlig indkomst’ (other personal income) on your tax assessment notice. Similarly, businesses must declare the amount on their tax return. 

If you receive an amount because we have wrongfully collected reminder fees, only the compensation amount for the period of time that the overcollected amount has not been at your disposal is subject to tax and must therefore be declared on your tax assessment notice or tax return. 

Since 1 July 2001, the following rules have been applicable:

• As a customer, you generally have at least 10 days to repay outstanding debt without incurring additional costs (see section 10 of the Danish Debt Collection Act).
• A reminder fee may be charged when a notice (reminder) is sent with just cause regarding the payment of an overdue amount (section 9b of the Danish Interest Act, previously section 9a). In order for a creditor to send a payment reminder “with just cause”, the claim must be overdue and valid. At the same time, the non-payment of the debt must not be due to circumstances at the creditor. Moreover, if the debtor objects to a payment or reminder, the effect may be that no just cause exists for sending new reminders. This also means that claims falling due around the same time must be collected collectively.
• No more than three reminder fees may be charged in relation to the continuing default on the same debt, and reminders must be sent at an interval of at least 10 days. A reminder fee must not exceed DKK 100.