Brief information concerning payments to funds for athletes

Specify benefits which are paid into the athlete’s account with an approved fund for athletes. It is the institution that makes the payment that is subject to the reporting obligation.

For active athletes, funds can be set up in accordance with the “Standardvedtekter for særforbundenes fond for aktive idrettsutøvere” (Standard articles of association for the specialist associations for active sportspersons”) approved by the Ministry of Finance.

Funds paid into the fund will be financial contributions of any kind which originate from:

• advertising
• prize money
• sponsorship
• other financial support or remuneration

The scheme does not apply to:

• players of team sports, such as football players

 

The information you must provide

Amount	x NOK
Type of salary or benefit	Cash benefit, fund for athletes
Subject to withholding tax	No
Basis for employer's national insurance contributions	Yes/No
Tax and contribution rules	-
Additional information:	-

 

Amount

Specify the gross amount which is paid into the fund.

 

Type of salary or benefit

Specify “cash benefit” and “fund for athletes”.

 

Subject to withholding tax

The amount is not subject to withholding tax. The obligation to deduct withholding tax is not triggered until a payment is made from the fund.

 

Basis for employer's national insurance contributions

You must calculate employer’s national insurance contributions on this benefit.

Exceptions:
You don't have to calculate employer’s national insurance contributions when the income recipient:

• is covered by the national insurance legislation of another country in accordance with a convention or the EEA Agreement 
• is a foreign employee who is not a member of the Norwegian National Insurance Scheme and who works on the Norwegian continental shelf or in Norwegian territorial waters.

 

 

 

 

 

Correcting errors

 

What do we use the information for

NAV obtains information concerning payments made to the fund for control purposes. Payments made to the fund are not pensionable income.

The Norwegian Tax Administration uses the amount to check employer's national insurance contributions. The amount is not included in the tax return.

Statistics Norway (SSB) uses the information for statistical purposes.