Iceland Income Tax Return Information

While working in Iceland, each individual is liable to pay taxes on his/her income. The rate of the tax payable by an individual depends on his/her income and residence status. Its rate can reach up to 32% and even more. The higher your income is, the higher the rate of deducted tax will be. The great news for you is that there is a possibility of getting a partial or total refund of the taxes you have paid. We can help you get your Icelandic tax refund from the last four years.


FAQ Icelandic Tax Return Information


Question: How do I get my Icelandic Tax Refund using International Tax Refunds Ltd?
Answer: Just follow these simple instructions:

  • Register with us – Click Here
  • Submit copies of your Tax Card (s), Tax Payer Identification Number, ID Card, Icelandic Visa and International Passport (If you do not have or lost your Payment Document (s), please inform us, so we can help you in obtaining replacement(s)). You can send them to us scanned via e-mail.
  • After we receive these documents, we will send you the other necessary documents to be signed and sent back to us via post only. We can use only their originals.

Question: Should I file my taxes?
Answer: If you worked in Iceland and received a taxable income, you are obliged to file a tax return. Usually, foreigners are entitled to a refund of the most taxes paid in Iceland.
Question: When is the deadline for filing an Icelandic Tax Return?
Answer: The tax year in Iceland starts on 1st of January and ends on 31st of December. The standard deadline for filing a tax return is end of March the following year. However we are able to help you get your Icelandic Tax Refund from the last four years.
Question: What is a Tax Card?
Answer: Tax Card is a form issued by your employer. It shows all of your earnings and the deducted taxes. The Tax Card is necessary in order to claim your taxes from Iceland.
Question: When will I get my tax refund?
Answer: The processing time of the Icelandic Income Tax Return application varies. International Tax Refunds will do its best to organize your refund in the shortest time possible.

If you worked in Iceland in 2007, you can apply with us now, and then send us all the necessary documents as soon as you get them. We will be ready to file your refund soon after the end of the tax year which is December 31st.
If you worked in Iceland anytime during 2005-2006, you can apply with us now. Send us all the necessary documents and we will be able to apply for your tax. As experts in international tax refunds, we will make sure you receive your money in the shortest possible time. The sooner you register and submit all the necessary documents, the sooner you receive your tax refund.

In order to apply for your Icelandic Tax Refund now, please click here.