Rates and thresholds for 2025
National insurance contributions are set to 5.1 percent for all pension income and to 7.7 percent for disability benefit and disability benefits from other schemes.
The tax deduction for pension
The maximum tax deduction for pension income is NOK 36,000
The tax deduction for pension income is reduced by:
16.7 percent of pension income that exceeds the threshold in stage 1 – NOK 276,400
6.0 percent of pension income that exceeds the threshold in stage 2 – NOK 422,950
The tax allowance ceases to apply once the pension exceeds NOK 615,100.
Tax limitation
|
Gradation rate |
55 percent |
|
Tax-free net income |
|
|
Single |
NOK 157,450 |
|
Married couple – each spouse |
NOK 145,550 |
|
Married couple - combined |
NOK 291,100 |
|
Wealth supplement |
|
|
Rate |
1.5 percent |
|
Threshold: Married couple – each spouse |
NOK 100,000 |
|
Threshold: Married couple combined/single |
NOK 200,000 |
Tax deduction card
If you are going to draw a full pension or combine work with drawing a pension, you should consider amending your tax deduction card.