Normally, it will be based on your last tax assessment. We will then estimate how much your income and deductions will change from this amount. The information from your last tax assessment is nearly two years old when the tax deduction card is issued.

If you believe that the estimated tax value is incorrect and that the error will affect the tax deduction, you can change your tax deduction card. State the tax value you believe to be correct.

The tax value of primary dwellings and secondary dwellings must not exceed the market value of the residential property.

In order to take into account an expected price increase in the housing market, we assume a reduction on the property values of primary and secondary dwellings of -1.5 percent from the end of 2022 to the end of 2024 when we assess your tax deduction card.

Tax value of primary and secondary dwellings

The tax value of your own home – primary dwelling.

The tax value of your own home – secondary dwelling.

Tax value and wealth tax

A tax value that is too high or too low will only affect your tax deduction if you pay wealth tax. A single taxpayer will not pay wealth tax until the wealth has been reduced with debt and a base deduction of NOK 1,700,000 (2024). For married couples the base deduction is NOK 3,400,000 (2024) in total.