Taxes in Norway 2018. Changes
The beginning of April in Norway is marked by tax fever. 2018 brings some smaller changes. This is also the last settlement period in which people with pendler status will enjoy high income tax refunds, because changes are coming in this area.
Tax settlement in Norway - what does it look like?
The Norwegian tax system is different than the one known in Poland. In Norway, the local tax office sends the pre-filled annual statement, the so-called "Selvangivelse". It is the duty of the taxpayer to carefully check the correctness of the data and when confirming their compliance with the facts. Signature and return to office.
Taxpayer's liability
However, it is worth being aware that although the employer sends tax information to the tax office, on the basis of which the initial settlement is completed, the taxpayer is fully responsible for any irregularities. Therefore, the sent document should be checked especially for the following errors:
- whether the employer has taken into account all of the employee's income
- the tax office took into account all available concessions
- the tax office did not grant a tax relief which is not due
- the employer deducted the appropriate tax, actually resulting from the tax card
The above-mentioned issues are the most common mistakes made at the annual meeting tax settlement. However, this is not a closed catalog and special attention should be paid to verifying the pre-filled selvangivelse. It is worth taking care of this, especially considering the fact that the Norwegian tax office has the right to audit tax returns submitted up to 5 years ago.
Income tax in Norway - changes in 2018
The biggest changes regarding the annual settlement in Norway concerns specific fields in the form. For example, part 5.0, which should have included a discussion of the discounts available and other necessary information, disappears. From this year, they will be included in a separate annex. There are also places to enter, among others: what pension savings have been achieved and information on shares held.
Taxes in Norway 2018. Changes
It is also worth remembering that 2018 is the last year in which people with pendler status will be eligible for high tax refunds. The rules for applying reliefs related to expenses related to housing and food are changing. This will affect the fact that from this year on, many fewer people will be able to use them. If they will be entitled to such a relief, it will be for a limited period. The second tax class was also abolished, thanks to which married couples with a large pay gap could count on a refund of up to NOK 6000.
