Child pensions for study or training are paid to young people aged 18-20.

Payments received for providing care in the home are generally considered taxable income, although it may be possible to claim deductions against them.

Information for pat

Owners of all vehicles must report the odometer reading and pay a kilometer charge for each kilometer driven.

Import charges must be paid when a vehicle with foreign registration plates is imported as part of household effects upon moving to Iceland.

Owners of all vehicles must report the odometer reading and pay a kilometer charge for each kilometer driven.

Registered parties who conduct passenger transport for commercial purposes need an operating license from the Icelandic Transport Authority