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Friday, April 19, 2024

Money pours in for many

Lots of Norwegians are suddenly flush with cash this week. Not only did their mid-June paychecks include feriepenger, a non-taxable form of holiday pay, now they’re getting tax refunds as well.

Norwegian Broadcasting (NRK) reported that 2.6 million Norwegians were due for tax refunds after filing their returns in April. The money began flowing into taxpayers’ bank accounts on Thursday, with refunds averaging NOK 10,600 (USD 1,260).

“Those getting a refund will receive them within three weeks from today,” state tax director Hans Christian Holte told NRK on Thursday. Norwegian taxpayers who are sole-proprietors won’t get their refunds (or news of more tax owed) until the next batch of settlements in August and October, nor will their spouses.

newsinenglish.no staff

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