Norway Income Tax Calculator 2026
Calculate your Norwegian taxes: Trinnskatt (bracket tax) + Trygdeavgift (social contributions)
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7.8% (trygdeavgift)
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Income Distribution
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Trinnskatt (additional bracket tax):
Complete Guide to Norwegian Taxation
Norway is one of the wealthiest countries in the world, thanks to its North Sea oil and gas reserves. This Scandinavian nation of 5.4 million inhabitants combines an efficient tax system with world-class public services: free healthcare, free education through PhD level, and a generous social safety net.
Norwegian Skatt: Unique Tax Structure
Norwegian income tax (Skatt) consists of two main components:
Skatt pa alminnelig inntekt
22%
FLAT base tax on all income (after deductions)
Trinnskatt
1.7% - 17.6%
Additional progressive bracket tax
Bracket Tax (Trinnskatt) 2026 - Detailed Rates
The trinnskatt is an additional progressive tax that applies on top of the flat 22% rate. It only applies to income exceeding certain thresholds:
Maximum marginal rate: 22% (base) + 17.6% (trinnskatt) = 39.6%
Social Contributions (Trygdeavgift) - 7.8%
Norwegian social contributions are relatively low compared to European standards:
| Income Type | Rate | Description |
|---|---|---|
| Employment income | 7.8% | Standard employee rate |
| Self-employment income | 11.0% | Rate for self-employed |
| Pension income | 5.1% | Reduced rate for retirees |
| Capital income | 0% | No social contributions |
Employers pay an additional 14.1% in employer contributions (arbeidsgiveravgift).
Wealth Tax (Formuesskatt)
Norwegian Wealth Tax
- Exemption threshold: NOK 1,700,000 (~EUR 145,000)
- Municipal rate: 0.7% on net wealth above threshold
- National rate: 0.3% additional (wealth > NOK 1.7M)
- Total rate: 1.0% on net wealth exceeding NOK 1.7M
- Higher rate: 1.1% above NOK 20M
Real estate is valued at ~25% of market value for this tax.
The Norwegian Sovereign Wealth Fund
Government Pension Fund Global
The world's largest sovereign wealth fund, funded by oil revenues:
- Value: ~NOK 15,000 billion (~EUR 1,400 billion)
- Per capita: ~EUR 280,000 per Norwegian
- Fiscal rule: Maximum 3% of fund used annually for budget
- Investments: 70% equities, 25% bonds, 5% global real estate
This fund ensures the sustainability of Norwegian public services for future generations.
Public Services Funded by Taxes
🏥
Free Healthcare
Public hospitals
🎓
Free Education
Through PhD
👶
Parental Leave
49 weeks at 100%
🏠
Housing Support
Generous Bostotte
Key Tax Deductions
- Minstefradrag: Standard automatic deduction of 46% of salary (max NOK 104,450)
- Personfradrag: Personal allowance of NOK 58,250
- Renteutgifter: Mortgage interest deductible at 22%
- Reisefradrag: Commuting expenses (> 14 km)
- Fagforeningskontingent: Union dues deductible (up to NOK 7,700)
- BSU: Young people's housing savings (under 34): NOK 27,500/year deductible
- Foreldrefradrag: Childcare costs (up to NOK 25,000/child)
Example Calculation: NOK 600,000 Salary
Effective total rate: ~26.3% | ~EUR 37,800 net/year
Norway vs UK Tax Comparison
| Criteria | UK | Norway |
|---|---|---|
| NOK 600,000 gross salary | ~NOK 415,000 net | ~NOK 442,000 net |
| Income tax structure | 20-45% progressive | 22% flat + trinnskatt |
| Maximum marginal rate | 45% | 39.6% |
| Social contributions | 12% NIC | 7.8% |
| Wealth tax | None | 1% (> NOK 1.7M) |
| Cost of living | High (London) | Very high (+50%) |
| Public services | Good | Excellent |
| Parental leave | 39 weeks | 49 weeks at 100% |
Why Does Norway Have "Moderate" Taxes Despite Great Services?
Norway funds a significant portion of its public services through oil revenues placed in the sovereign wealth fund. This allows maintaining competitive tax rates while offering some of the world's best public services.
Note: Despite seemingly moderate taxes, Norway's high cost of living (rent, food, restaurants) significantly reduces actual purchasing power. A NOK 600,000 salary in Oslo is equivalent in purchasing power to approximately EUR 45,000 in London.
Tax Filing in Norway
Norwegian employees receive a pre-filled tax return (Skattemelding) each April. Most taxpayers simply need to verify the information and submit. Tax is deducted at source through the PAYE system, and any balance is settled in the following year. The process is highly digitized - most can complete their return via the Tax Administration's app in minutes.
Norway, outside the EU but in the EEA, offers some of the highest salaries in Europe. Compare its taxation with neighbouring Scandinavian countries.