Now “Christmas wages” may be coming in November

MoneyMoney.Photo: Gorm Kallestad / SCANPIX .

Tax Administration now allows employers to make reduced tax already in November instead of December.

– The purpose of the change is that reduced deductions should be able to help the employee to do well before the Christmas rush begins.

It is nevertheless je paid speaker who chooses when drawing the exemption is to be implemented for their business, explains section chief Lene Solberg in tax administration.

The new rules allows for pull exemption to be carried out in monthly salary for the last half of November instead of the first half of December, as many employers have practiced for several years.

The Tax Administration has determined that this should also apply to the salary payment per hour, day or week, upon payment every 14 days and the payment of pensions.


Source: NTB scanpix / Norway Today