Taxes in Norway 2019 are many changes, including in accounting for business travel allowances. Good news is that small breweries will be exempt from some taxes. In practice, this may mean that fans of the golden drink can pay less for craft beers.
Taxes in Norway 2019 - changes in diets
To the biggest changes in taxes in Norway 2019 the issue of accounting for business travel allowances should be included. From January 1st, the per diem rates for hotel overnight workers will be tax free up to NOK 578. Regardless of whether the journey takes place in Norway or abroad.
There will be no big increases in real estate
Taxes in Norway 2019 it is also a change in property taxes. Communes will not be able to apply higher increases than 1 per mille of taxed value during the year. This applies to both residential and leisure properties.
Changes to tips
Employees who receive tips at their job are already required to tax settlements from this title. 2019 will bring further changes, this time towards employers. From January 1, they will be required to report the tips obtained by employees to the Tax Office, and to pay health insurance contributions from this income.
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Less organization donation
Taxes in Norway 2019 it also changes the maximum tax write-off that we can apply in the context of a donation to non-governmental organizations. Currently, the annual donation can be written off if it does not exceed PLN 40. NOK. From January 1, this limit will amount to 50. NOK.
Cheaper sweets
At the beginning of 2018, the tax on sugar and chocolate was raised to 83%. This caused a lot of protests from the entire industry. Customers were also dissatisfied, as all products in this segment became significantly more expensive. From January 1, however, the rate of this tax will return to the level of 2017. The exceptions are sweetened drinks and juices.
Greater property tax relief
The property tax relief will increase from 20% to 25%. This applies to people who own shares and use investment funds. It is worth noting that this relief applies to people who have assets in excess of NOK 1,5 million. For spouses who pay jointly, this limit is NOK 3 million.
Cheaper beer
Taxes in Norway 2019 it is also a positive change for small brewers. They will pay less taxes, but only if their production does not exceed 500. liters per year. For consumers, this may mean cheaper craft beer or… much better quality products.
