Hey Arvind.. Very informative.. Even after living in Norway for 9 years I was not aware of these 3 parts. Thanks! One crucial point which your audience should know is that one gets further deductions on direct tax (22% as of 2020) for the amount of interest you pay on any credits your have, like mortgage, credit card, car loan and so on. That brings down the total amount of direct tax you pay.
I can sum up the Norwegian tax system very easy: if you have money, you owe the tax office 80% of it. This includes all the hidden tax layers too. If you try move away from Norway there’s a 37% exit tax on top of that 100% on all the waleslth you have left after paring normal tax. Enjoy moving to Norway.
Thank you so much for your kind words and support! I'm glad to hear that the video was informative and helpful to you as someone new to Norway. Stay tuned for more engaging and informative videos!
Hello Arvind, I have been assigned 37% tax card, because of this much higher tax is getting deducted from my salary. I contacted Skatteetaten to change my tax card but they are saying it can only be changed beginning of the next year
Hi Arvind, thanks for your video! Could you perhaps make a video about PAYE tax scheme vs General tax scheme? I feel that this is something that is quite complex to plan and figure out as a new resident in Norway (as a foreign worker).
Someone told me tax will be deducted 50% in Norway if u r working first time in Norway till u got d number and tax card, after that u will be charged 15-40% tax Would u please explain it
Hi, maybe you can help to understand the principles of tax payment for sailors? We don't have a tax card because the company pays taxes for us because we don't live in Norway. but when entering and checking the tax report, there is a big shortfall that needs to be paid.. tnx :))
Is there a way around these taxes? What if the income I earned from my business is saved inna tax haven like Switzerland or the cayman islands? Can the norwegian government still tax me?
Very informative video 👍. Just want to inform you that last year was my first year in Norway but I didn't get the standard deduction of 40000. Even tax authorities people convey that this deduction is not applicable when I enquired. Please advise for this year how to get the benefit of standard deduction.
Very nicely described 👍🏼 also please do a second part when we get refund on 22nd June. Since now you are a owner of a beautiful home you will get a nice interest refund from Skatt. Very good information. Please keep doing informative videos 😁👏🏼👏🏼.
I have got work permit to work in a company ware house n my gross salary 52000 (approximate krone monthly) so plz tell me how much will i have after all taxes? Plz arvind bhai explain N plz tell me also that how to claim for first 2 years tax? 😅❤
Very nice information sir❤️❤️ Sir please make a vedio on syllabus, exams, academic year, semesters, passing criteria, internships , thesis. of masters program by considering your offshore engineering . Please sir me apko 3 months se ye vedio recommend kr raha hu . Aur apne 2 3 Bar isko note bhi kiya tha . Thank you
hello Arvind, very informative video. i have a question; i'm new to norway, it's been 4 months. i didn't know about the first 2 years deduction. can i edit my tax card?
Very informative video 🙂 It's my first year in Stavanger. I am working here in a company. I want to know that while applying for tax card what to chose between Pay as you earn (PAYE Scheme) & Ordinary taxation. please suggest.
I have applied for PhD at UiT The Arctic University of Norway. Selection committee waived off my IELTS test requirement based on my entire education has been in English only. Will same be considered in my visa application or I have to take IELTS to get study visa for Norway. Please kindly reply. Thanks!
Very informative... I just have a question about health care or insurance. Does this tax include your insurance as well? is it taken from contribution NIS ? or you have to buy it separately?
Hi btother this very informative video. Would you make a video on the topic individiual and non individual accont please. Last week i applied for google adsense acccount and my channel is a business channel, which is owned by to person, the one have residense in norway and the other one is living abroad. We produce a music and movie. I did not register as business too. Should I register as a business cahnnel or I can do it later? And how I can do it. Another question, how do you fill the new tax administration for USA tax? I appriciate you and thank you inadvace.
LoL when u say Ram i felt that someone/ u called me (bc everyone calls me as ram or rama) i was sitting and listening to u ⚡😌⚡ and all of sudden someone call my name I wasn't aware about that 😂😁😂
You forgot a deduction. Interest on all loans - gives a repayment corresponding to 28% of the interest . Its also importent to mension that tax in Norway also includes savings for pensions Here its a simpy way Here's an easier way to put it simply for singles. Kr. 60 000 (free) Kr. 100,000 (9%) Kr. 300,000 (19.9%) kr. 500,000 (25.7%) Kr. 1,000,000 (33.3%) .
Hello Glenn/Aravind, If we have paid pension for 5 years and leaving the country for some reasons, do we get the pension refund or do we need to wait for 67 years to get the pension money?
Hi sir कैसे हो आप सर मैं आप से ये पूछना चाहता हुँ की जब हम नोरवे को छोड़ कर अपने देश इंडिया जाना चाहता है क्या मुझे मेरा जितना टेक्स आज तक कटा है ओ वापिस मिल सकता है प्लीज मुझे बताये 🙏🙏🙏प्लीज sir
Sir... What if like we earn from online platforms as a part time(irregularly) and we came to study in Norway,will our part time be considered for tax? Because, usually we do it for our daily expenses rather than considering it as an income.
Many thanks man. Very much appreciated. Specially reminding those 40K deduction part in first year as I completely forgot. Also I came to know that in first years here it is flat 25% on gross salary instead of 30-35%, which is kind of relief. thanks again 😊👍🏻
@@AG80567 please let me know how to apply for 40k tax relaxation. I have been in Norway 2 years 4 months and have been working whole period. Please guide me. Thank you
Hey Arvind.. Very informative.. Even after living in Norway for 9 years I was not aware of these 3 parts. Thanks! One crucial point which your audience should know is that one gets further deductions on direct tax (22% as of 2020) for the amount of interest you pay on any credits your have, like mortgage, credit card, car loan and so on. That brings down the total amount of direct tax you pay.
Glad it was helpful! Thanks for sharing ;)
Awesome video! Thanks we are from Canada and planning on moving to Norway!
Thank you, Arvind. This was very helpful.
I can sum up the Norwegian tax system very easy: if you have money, you owe the tax office 80% of it. This includes all the hidden tax layers too.
If you try move away from Norway there’s a 37% exit tax on top of that 100% on all the waleslth you have left after paring normal tax.
Enjoy moving to Norway.
hello, i didn't understand how standard deduction is calculated in the sheet? anyone please me on this.
Great effort. I m new in Norway...jst been a week...video was very informative.
Looking forward to more videos🙏
Thank you so much for your kind words and support! I'm glad to hear that the video was informative and helpful to you as someone new to Norway. Stay tuned for more engaging and informative videos!
very informative video and I really appreciate the level of details mentioned in the video. It really helped me a alot. :)
Glad to hear that!
Hello Arvind, I have been assigned 37% tax card, because of this much higher tax is getting deducted from my salary. I contacted Skatteetaten to change my tax card but they are saying it can only be changed beginning of the next year
Very Clear explanations brother . Great video. Thank you very much for this explanation
You are welcome brother ;)
Hi Arvind, thanks for your video! Could you perhaps make a video about PAYE tax scheme vs General tax scheme? I feel that this is something that is quite complex to plan and figure out as a new resident in Norway (as a foreign worker).
Takk, for veldig informativ video!(Thank you for a very informative video!)
It is a big luck to have these helpful information.
For “first 2 year deduction”, is it applied for seasonal workers?
Thank you very much for this video. 🎂
Very good information Arvind ji..
Hello Arvind,
This video is very informative. Clearly explained.
If possible please explain the travel benefit and child benefits
Very good information about direct taxes in Norway
Someone told me tax will be deducted 50% in Norway if u r working first time in Norway till u got d number and tax card, after that u will be charged 15-40% tax
Would u please explain it
you will get back next year
Always first❤
You're the best!
Much needed thanks for your efforts.
My pleasure
sir according to u what should be the cgpa and ielts score so that a person can get admit in uni of oslo (ms in computer science)
Very informative. Thank you.
Glad it was helpful!
Thanks for the guidance ❤️
You are so welcome
hello sir factory worker ko kitna tax katega ager salary 4100 Euro he to
hi.
i want to ask information aboutbtax to. be paid for those investing or trading in. market internationally.
Hi, maybe you can help to understand the principles of tax payment for sailors? We don't have a tax card because the company pays taxes for us because we don't live in Norway. but when entering and checking the tax report, there is a big shortfall that needs to be paid.. tnx :))
Is there a way around these taxes? What if the income I earned from my business is saved inna tax haven like Switzerland or the cayman islands? Can the norwegian government still tax me?
There is no deduction for renting house or something in tax deduction?
standard deduction of 40,000 for foreign workers has been stopped from Income year 2019.
Can u pls guIde how to fill move to norway RF-1401 with family skatteetaten
Very informative video 👍. Just want to inform you that last year was my first year in Norway but I didn't get the standard deduction of 40000. Even tax authorities people convey that this deduction is not applicable when I enquired. Please advise for this year how to get the benefit of standard deduction.
Thank you very much
You are welcome
Very nicely described 👍🏼 also please do a second part when we get refund on 22nd June. Since now you are a owner of a beautiful home you will get a nice interest refund from Skatt. Very good information. Please keep doing informative videos 😁👏🏼👏🏼.
Thanks a ton for watching and yes I will make a second part ;)
Very informative. How about interest on bank deposits
I have got work permit to work in a company ware house n my gross salary 52000 (approximate krone monthly) so plz tell me how much will i have after all taxes?
Plz arvind bhai explain
N plz tell me also that how to claim for first 2 years tax? 😅❤
Bro saifi are u working there now ?
Very nice information sir❤️❤️
Sir please make a vedio on syllabus, exams, academic year, semesters, passing criteria, internships , thesis. of masters program by considering your offshore engineering . Please sir me apko 3 months se ye vedio recommend kr raha hu . Aur apne 2 3
Bar isko note bhi kiya tha .
Thank you
ua-cam.com/video/VhLsCiUg67E/v-deo.html We hope this will help.
hello Arvind, very informative video. i have a question; i'm new to norway, it's been 4 months. i didn't know about the first 2 years deduction. can i edit my tax card?
Yes dear, you can
Can you please share the excel sample please 🙏🏻
Very informative video 🙂 It's my first year in Stavanger. I am working here in a company. I want to know that while applying for tax card what to chose between Pay as you earn (PAYE Scheme) & Ordinary taxation. please suggest.
Hi
Can you please confirm if that first 2-years deduction is still valid in 2021 as i heard this rule was changed in 2019 and its not valid anymore
Have you checked with tax office.
Hi Arvind ,
The "first 2 years deduction" has been gone since last year. or Where it is in the tax?
also, can we claim later if someone didn't claim in his/her first 2 years?
नमस्ते from हरियाणा 🙏
Bhot psa rkh lete h norway वाले to 🤪🤪🤪🤣🤣
:)
I have applied for PhD at UiT The Arctic University of Norway. Selection committee waived off my IELTS test requirement based on my entire education has been in English only. Will same be considered in my visa application or I have to take IELTS to get study visa for Norway. Please kindly reply. Thanks!
Please check with your university ;) All universities have different requirements ;)
Very informative... I just have a question about health care or insurance. Does this tax include your insurance as well? is it taken from contribution NIS ? or you have to buy it separately?
it includes dear..
Good information .
Thanks ;)
Hi, can you please let me know how to claim the 40k for first 2 years?
Finally 😍🙏🏼
;)
Bro , if a student does jobs at 175 nok/hour , what would be his/her income tax ?
Great effort
Thanks a lot
Hi btother this very informative video. Would you make a video on the topic individiual and non individual accont please. Last week i applied for google adsense acccount and my channel is a business channel, which is owned by to person, the one have residense in norway and the other one is living abroad. We produce a music and movie. I did not register as business too. Should I register as a business cahnnel or I can do it later?
And how I can do it.
Another question, how do you fill the new tax administration for USA tax?
I appriciate you and thank you inadvace.
I pay more in taxes in the USA and get less in benefits than when I used to live and work in Switzerland and Norway.
In my opinion, the way it works it, "you get fucked".
As a Norwegian I prefer 1% taxation in Georgia.
Shout-out to @namastefromnorway❤️❤️😍
Thanks brother ;)
Do you live in near borgenhaugen?
Nope we live in Eidsvoll ;)
Good sar
Would it be possible to make a vedio on holiday pay please
Yes I will try to make it ;)
@@NamastefromNorway Thank you Sir
LoL when u say Ram i felt that someone/ u called me (bc everyone calls me as ram or rama) i was sitting and listening to u ⚡😌⚡ and all of sudden someone call my name I wasn't aware about that 😂😁😂
haha ok Ram ;) Hope you liked the video.
You forgot a deduction. Interest on all loans - gives a repayment corresponding to 28% of the interest
. Its also importent to mension that tax in Norway also includes savings for pensions
Here its a simpy way Here's an easier way to put it simply for singles. Kr. 60 000 (free) Kr. 100,000 (9%) Kr. 300,000 (19.9%) kr. 500,000 (25.7%) Kr. 1,000,000 (33.3%) .
Well explained
Thanks a ton for the information Glenn ;)
Hello Glenn/Aravind, If we have paid pension for 5 years and leaving the country for some reasons, do we get the pension refund or do we need to wait for 67 years to get the pension money?
Sir means ham 1,80,000 kamate hai to total kitna tax hoga ye batao ??? Please..
You can join the live session on Sunday (3:30 pm IST) on youtube and ask your queries from Arvind
What's the marginal tax rate (usually 46.5%)? looks like a hidden daemon apart from these taxes. Please clarify, thanks
It 80 % taxes when you add vat & excise taxes in norway middle class
End of days I'm tax payer thanks very much
Hi sir कैसे हो आप सर मैं आप से ये पूछना चाहता हुँ की जब हम नोरवे को छोड़ कर अपने देश इंडिया जाना चाहता है क्या मुझे मेरा जितना टेक्स आज तक कटा है ओ वापिस मिल सकता है प्लीज मुझे बताये 🙏🙏🙏प्लीज sir
Sir... What if like we earn from online platforms as a part time(irregularly) and we came to study in Norway,will our part time be considered for tax?
Because, usually we do it for our daily expenses rather than considering it as an income.
did you pass Norwegian language test to get PR
Can I survive in norway if I speak english well....???
Yeah
Wow
Thanks ;)
Is norway language is compulsory to learn to enter in norway....??
We don’t stop people’s the border for not knowing Norwegian, but it’s handy do know some Norwegian
No .
@@LasVegar woow ur norsk
Sirr aapki tarah aaram se bholna sikhna hh🥺😅❣️
Thanks bhai ;)
What is your income sir😅?
haha ;)
Dalhi to Norway Oslo international flights kab sa hoga open
Boat se jao maza aayega ⚡
Nai to gadi se bhii ja sakate hai
i didn't know before watched your video about 2 years, i came here 3 years ago, can claimed that next year or exparied for 40k ?
Hindi may Nahi bolsakte kiya
Nice video bro
Thanks for the visit
@@NamastefromNorway love from kutch❤🇮🇳❤🇮🇳❤🇮🇳❤🇮🇳❤🇮🇳❤🇮🇳❤🇮🇳❤ Gujarat kutch Gujarat kutch Gujarat kutch Gujarat kutch Gujarat kutch Gujarat kutch Gujarat kutch Gujarat kutch india🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮
Thanks sir💓
Most welcome
Many thanks man. Very much appreciated. Specially reminding those 40K deduction part in first year as I completely forgot. Also I came to know that in first years here it is flat 25% on gross salary instead of 30-35%, which is kind of relief. thanks again 😊👍🏻
Tbh i didn't understand totally about norwegian tax system 🤒
Do the norwegian government give money to people who living there and doing job for 1st 3yrs
@@144shriramkoshti7 No money only tax relaxation
@@AG80567 please let me know how to apply for 40k tax relaxation. I have been in Norway 2 years 4 months and have been working whole period. Please guide me. Thank you
@@cutegnani I checked with skatteetaten on phone, they automatically calculate under 3.2.1 so no need to declare separately.
Hello, brother 👍🏻🙏
Hello 👋
Hindi bhai hindi
You are confusing yourself... You should use numbers
Thanks sir💓
Ek bar nai likh sakata kya
Most welcome
Thanks sir💓
Delete kar de yaar ye to comment padhane mai dikt karta hai tuu
Thanks sir💓
Thanks sir💓
Thanks sir💓
Thanks sir💓
Thanks sir💓
Thanks sir💓
Thanks sir💓
Thanks sir💓
Thanks sir💓
Thanks sir💓
Thanks sir💓