Denmark
Iceland
Norway
Finland
Sweden
Menu

Examples on tax calculation for the income years 2020 and 2019

Examples on tax calculation – 2020

These examples show the amount of taxes payable on salary or pension income for a person resident in Norway.

The calculation is relevant for you if you:

The tax calculation table below shows the tax for a person who has only salary.

Salary per year (NOK)

Taxes (NOK)

National insurance contribution (NOK)

Taxes and National insurance contribution (NOK)

120,000

3,234

9,840

13,074

240,000

19,660

19,680

39,340

480,000

82,206

39,360

121,566

600,000

113,646

49,200

162,846

The tax calculation table below shows the tax for a person who has only pension.

To be entitled to the tax deduction for pension income you must receive an old-age pension from the National Insurance Scheme or early retirement pension (AFP) in addition to any other pension.

Pension per year (NOK)

Taxes (NOK)

National insurance contribution (NOK)

Tax deduction for pension income (NOK)

Taxes and National insurance contribution (NOK)

120,000

6,930

6,120

13,050

0

240,000

26,270

12,240

26,343

12,167

480,000

85,947

24,480

4,849

105,578

600,000

117,387

30,600

0

147,987

You may be entitled to other deduction that will effect the tax calculation.

You may calculate your tax here

 

Examples on tax calculation – 2019

These examples show the amount of taxes payable on salary or pension income for a person resident in Norway.

The calculation is relevant for you if you:

The tax calculation table below shows the tax for a person who has only salary.

Salary per year (NOK)

Taxes (NOK)

National insurance contribution (NOK)

Taxes and National insurance contribution (NOK)

120,000

2,079

9,840

11,919

240,000

19,428

19,680

39,108

480,000

82,178

39,360

121,538

600,000

113,618

49,200

162,818

The tax calculation table below shows the tax for a person who has only pension.

To be entitled to the tax deduction for pension income you must receive an old-age pension from the National Insurance Scheme or early retirement pension (AFP) in addition to any other pension.

Pension per year (NOK)

Taxes (NOK)

National insurance contribution (NOK)

Tax deduction for pension income (NOK)

Taxes and National insurance contribution (NOK)

120,000

5,776

6,120

11,896

0

240,000

25,235

12,240

23,605

13,870

480,000

85,642

24,480

3,820

106,302

600,000

117,082

30,600

0

147,682

You may be entitled to other deduction that will effect the tax calculation.

You may calculate your tax here

Menu
 
Logo