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Tax return deadline is 12 March

04.03.2021 - 10:03
Mynd með færslu
 Mynd: Anton Brink - Ruv.is
Everyone in Iceland, regardless of employment status, has to submit a tax return every year and the deadline this year is Friday 12th March. Unlike in previous years, it is not possible to simply request an extension this year. This is because the date for everybody is slightly later this year.

All the main details on property, assets, debt, bank balances, interest earnings, and investments are already entered into people’s tax returns automatically.

People cannot visit tax offices in person for tax return help this year, but advice is being provided online and by phone. 

People open their tax return on the Skatturinn website using either electronic ID through their mobile phone, or a veflykill online access. The ‘veflykill’ can be ordered on the Skatturinn website and is then sent either to a person’s legal address, or through online banking. 

Teenagers born in 2004, who will be 17 this year, need to submit tax returns for the first time and are reminded that if they do not already have an electronic ID on their phone, that they can apply for a veflykill. The same is also true of Icelanders and former residents who live overseas and cannot use electronic ID. 

More details in English are available on the Skatturinn website, here. 

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