The Norwegian government has announced its VAT rates for 2023 through a recent decision, No. FOR-2022-12-13-2204, released by the Official Gazette. This decision outlines the different VAT rates that apply to various goods and services in Norway for the current year.
The standard VAT rate remains unchanged at 25%. This rate applies to most goods and services that are not covered by reduced VAT rates. However, there are some exceptions.
More details are as follows.
Norwegian VAT rates in 2023
Public
Norway
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
1247
Content accuracy validation date:
15.05.2023
Content accuracy validation time:
09:14h
Content
The reduced VAT rate of 12% applies to people's transportation and vehicles, lodging and board rentals, cinemas, and sports activities. This lower rate is intended to make these activities more affordable and accessible to the general public.
In addition, a lower VAT rate of 11.11% applies to wild marine resources. This is a reduction from the previous year's rate of 12%, reflecting the government's commitment to supporting the sustainable use of natural resources while also promoting economic growth in the fishing industry.
Other news from Norway
New document was uploaded: Digital Product Passport
Author: Kristina Dosen
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in the European Union’s commitment to a circular economy. The purpose of this document is to provide you with a necessary overview of the upcoming Digital Product Passport requirements set to be implemented by the European Union. Read more
Which cash drawer opening has to be registered in the Z report in Norway?
Norway
Author: Kristina Dosen
The number of openings of the cash register drawer without a sale or repayment being registered (zero registration) must be stated in X and Z reports. All the details regarding this topic are explained as follows:. Read more
Receipt issuing obligation in Norway
Public
Norway
Author: Kristina Dosen
Norway
Author: Kristina Dosen
In Norway, the obligation to issue receipts is a matter of regulatory compliance for sellers. The Cash Register System Regulation mandates that a sale cannot be registered without generating a receipt, whether paper-based or electronic. However, the question of whether a customer should be asked if they want a receipt falls under the purview of the Bookkeeping Regulation. According to Section 2-6... Read more
What is a POS ID in the context of Norwegian fiscalization?
Public
Norway
Author: Kristina Dosen
Norway
Author: Kristina Dosen
One of the key requirements for cash register systems is to have an ID number, which is defined as “a unique identifier for the cash register system” in Section 2 of the Cash Register System Act. The ID number is a way to distinguish one cash register system from another and to link the sales data to the specific cash register system that generated it. The ID number must be stated in the X and Z r... Read more
How to report price checks according to the Norwegian Cash Register System Regulation
Norway
Author: Kristina Dosen
Businesses that use cash registers in Norway must comply with the Cash Register System Regulation, which sets out the requirements and standards for the cash register systems, the sales documents, and the reports. Read more
Should end-of-day (Z) reports in Norway be printed?
Public
Norway
Author: Kristina Dosen
Norway
Author: Kristina Dosen
End-of-day, or Z reports, are daily summaries of cash transactions that must be prepared by enterprises that use cash register systems and are required to keep accounts. The Bookkeeping Regulation sets the rules for how to prepare and store Z reports. Let's find out more about this. According to Section 5a-14, Z reports can be either printed on paper or saved electronically in the cash register s... Read more
New document was uploaded: Recorded webinar: It’s time to grow together
Public
Author: Kristina Dosen
In this discussion, we have introduced our new partner program and what is essential for international growth, while dealing with topics such as - Success factors for POS applications - What does globalization mean? - How to grow globally? Furthermore, we presented benefits for our partners. Last but not least, we presented our fiscal cloud architecture and its important features.You can down... Read more