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Taxes in Norway

Employer
14.10%

National Insurance (Folketrygdloven)

12%

Mandatory Holiday Pay

2%

Mandatory occupational pension scheme (OTP)

NOK 1500 - 2000

Accident insurance (estimated cost around 1500-2000 NOK annually). The final cost depends on several factors, including the employee’s field of work, age, and sex.

Employee
8.2%

Social security contribution

5.1%

Pension contribution (charged to employees aged 17 - 69 only)

Personal income tax rates
22%

Income up to 184,800 NOK

23.7%

184,800 – 260,100 NOK

26%

260,100 – 651,250 NOK

35.2%

651,250 – 1,021,550 NOK

38.2%

1,021,550 NOK and above