Tax in Norway in 2025 - how much will you pay?

2025 brings changes to tax rates and thresholds in Norway. Although the rates have not yet been officially adopted, past practice shows that final values rarely differ from those forecast. So it is already possible to estimate whether we will pay less or more tax in 2025 (compared with 2024).
How have the rates changed?
1.
Progressive tax (trinnskatt)
- Threshold 1:
- from 217 400 NOK (up 4,5%)
- rate 1,7% (unchanged)
- Threshold 2:
- from 306 050 NOK (up 4,5%)
- rate 4% (unchanged)
- Threshold 3:
- from 697 150 NOK (up 4,1%)
- rate 13,7% (previously 13,6%)
- Threshold 4:
- from 942 400 NOK (up 0,5%)
- rate 16,7% (previously 16,6%)
- Threshold 5:
- from 1 410 750 NOK (up 4,5%)
- rate 17,7% (previously 17,6%)
2. Social security contributions (trygdeavgift)
The tax-free amount rises from 69 650 NOK to 99 650 NOK - a big increase of 43,1%.- The contribution on employment income falls from 7,8% to 7,7%, continuing the downward trend.
- The contribution on business income decreases from 11% to 10,9%.
It is worth noting that as the tax-free amount under trygdeavgift increases, the overall tax-free amount in Norway also rises. From 2025, it will not be around 70 000 kr, but around 100 000 kr (exactly 99 650 kr).
3. Arbeidsgiveravgift - employer tax
The additional 5% tax on salaries above 850 000 NOK has been abolished.
4. Wealth tax
- The threshold for wealth tax increases to 1 760 000 NOK (previously 1 700 000 NOK).
- The rate remains at 1%, however 0,175% will be "taken" from the municipality for the state budget.
5. Changes in deductions
- Personfradrag rises from 88 250 NOK to 108 550 NOK (+23%).
- Minstefradrag falls from 104 450 NOK to 92 000 NOK (-11,9%).
Will you pay less or more?
How will the changes affect taxes in practice?
Below we present a comparison for different income levels:
| Annual income | Tax 2024 | Tax 2025 | Difference |
|---|---|---|---|
| 300 000 NOK | 48 734 NOK | 46 384 NOK | -2 350 NOK |
| 450 000 NOK | 99 434 NOK | 96 794 NOK | -2 640 NOK |
| 650 000 NOK | 167 034 NOK | 164 194 NOK | -2 840 NOK |
| 850 000 NOK | 251 914 NOK | 246 420 NOK | -5 494 NOK |
As we can see, in almost every case taxes in 2025 will be lower compared with the previous year.
If you want to ask about taxes, the tax card, benefits or other official matters - please contact us: +47 21 38 38 21.
We answer Mon-Fri from 9:00 - 21:00 and will be happy to help!


