Coronavirus - important information from the Tax Administration

When and how will payment take place?

VAT must be declared and paid quarterly, with a deadline for the submission of returns and payment 20 days after the end of the period:

Reporting period VAT declaration and payment due by:

Reporting period VAT declaration and payment due by
1 July to 30 September 20 October
1 October to 31 December 20 January
1 January to 31 March 20 April
1 April to 30 June 20 July

 

In the simplified registration system, the supplier must submit a VAT return stating its identification number, the calculation basis and the calculated VAT translated into Norwegian kroner (NOK).

The amounts, declared and paid, must be rounded off to the nearest whole krone. When calculating from other currencies, the exchange rate published weekly by the Norwegian Customs must be used. Please note that the amount received by us should not differ from the declared amount due to bank charges.

Bank details for making payments

Payee:

Merverdiavgift, avd. Regnskap
P.O.Box 38
4891 Grimstad
Norway

Bank:

DNB Bank ASA
SWIFT/BIC: DNBANOKK
IBAN: NO5876940518888

IMPORTANT: It is essential that you use your 7 character scheme identification number (issued at registration) as the payment reference.

Deletion from the simplified registration system

A supplier will be deleted from the simplified registration system when the enterprise ceases trading or when the conditions for using the simplified registration system are no longer met. A supplier will also be deleted if it repeatedly fails to fulfil its obligations pursuant to the Value Added Tax Act.
Deleted suppliers who still engage in activities that are liable for VAT are obliged to register in the Norwegian VAT.