The Norwegian government has published an overview of various tax-related changes that apply from 1 January 2025. Some of the main changes include the following:
- The standard personal income tax allowance is increased from NOK 88,250 in 2024 to NOK 108,550;
- The upper limit for the minimum standard deduction from salary/national insurance and pension are reduced from NOK 104,450 and NOK 86,250, respectively, to NOK 92,000 and NOK 73,150;
- The national insurance (social security) contribution …