Sunday 11 January 2015

Norwegian personal tax returns for expat workers in Norway

Every employee that works for a company operating in Norway or within Norwegian waters must pay Norwegian income tax on their earnings received for work carried out within Norwegian territories.

The employer will report income, tax deducted, benefits received and days worked that are subject to Norwegian taxes. Where Norwegian Social Insurance is applicable, this will be deducted and reported a the same time.

However, the reporting of these facts does not guarantee that the correct taxes have been paid over by the employer or the correct tax credits available have been applied. This is the responsibility of the employee to consider and claim for.

Every foreign worker must considers their Norwegian tax code and whether they are entitled to claim tax credits such as the 10% standard deduction, married persons allowance or seafarers allowance.

There are also various disclosures about personal circumstances to make as a foreign worker in Norway.

Norwegian personal tax return process and disclosures are all made through the Altinn online system which holds details of all registered employees, self-employed and contract workers. Every individual can sign up to the system is they hold a personal identification number called a D-number.

There are very few UK-based accountants outside the bigger firms that specialise in Norwegian tax, personal and/or corporate. Depending on the firm, fees can range from £250 - £2,500 for exactly the same service.

At Your Tax Office we have more than 7 years experience with Norwegian tax, working on behalf of UK resident individuals, agencies and companies. We work on a flat fee basis and our personal tax return service is at a cost of £250 per year. Click here to contact us for further details.



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