What is a tax assessment?

Your annual tax assessment is a document that shows how much tax you owe or how much you will receive as a tax refund. It is sent to you by Skatteetaten (the Norwegian Tax Administration) and is sent out during March and April with 31st of April as the due date for filing.

The tax assessment includes information on your income, deductions, and tax liability for the previous year. If you are owed a refund, the assessment will also show the amount you will receive and when you can expect to receive it. If you owe taxes, the assessment will show the amount you owe and the deadline for payment. Read more here about tax returns for businesses.

It’s important to review your tax assessment carefully to make sure all the information is correct. If you notice any errors or discrepancies, you should contact Skatteetaten as soon as possible to have them corrected.

Due date for filing tax assessment

The due date for your annual tax assessment varies depending on when you filed your tax return. If you filed your tax return electronically, you can expect to receive your tax assessment by the end of June. If you filed your tax return on paper, you can expect to receive your assessment by the end of October.

If you owe taxes, the due date for payment is typically August 10th. However, if you receive your tax assessment after August 10th, you will have 2-3 weeks to make the payment depending on when you receive the assessment.

In summary, your annual tax assessment is an important document that shows your tax liability or refund for the previous year. It’s important to review the assessment carefully and to contact Skatteetaten if you notice any errors or discrepancies. The due dates for your assessment and any taxes owed vary depending on when you filed your tax return, so it’s important to keep track of these deadlines.

How to calcualte your taxes in Norway

The Deduction Wizard (https://www.skatteetaten.no/en/person/taxes/get-the-taxes-right/the-deduction-wizard/) is a tool developed by Skatteetaten (the Norwegian Tax Administration) that helps you determine which expenses you can claim deductions for in your tax return. The tool also provides information on how much you can claim in deductions for each expense category.

The Deduction Wizard covers a variety of expense categories, including travel expenses, work-related travel, meals and lodging, union dues, pension contributions, and more. For each category, the wizard provides information on the requirements you must meet to claim a deduction, as well as how much you can claim for each individual expense.

The tool is available on Skatteetaten’s website, and you can use it for free by providing information on your income and expenses. Once you have provided all the necessary information, the wizard will summarize which deductions you can claim and how much you can claim for each individual expense.

It’s important to note that the Deduction Wizard provides a general overview of which deductions you can claim, and that there may be exceptions or special rules that apply to specific expenses. If you’re unsure about whether you can claim a deduction for a specific expense, you should contact Skatteetaten or a qualified tax advisor for more information.

In summary, the Deduction Wizard is a useful tool to help you determine which expenses you can claim deductions for in your tax return. It’s important to use the wizard as a general guide and to contact Skatteetaten or a qualified tax advisor if you’re unsure about any expenses.