, 8 metres when launching fireworks from category 2, 15 metres away when launching a category 3 fireworks.

In the new system, which took effect on September 1, 2025, there are fewer payment categories, income-based reductions are decreased, and there are increased

Personal tax credit is deducted from tax from paid wages and pensions. It is important to use it correctly and ensure that you are taxed in correct tax bracket.

As of 1 January 2026, the obligation to register lease agreements in the HMS Rent register will apply to all parties who rent out residential housing.

This may occur, for example, if a former employer still needs to pay out accrued vacation pay or other payments.

A car rental must have a storage location where the registered vehicles are kept.

An individual may be entitled to unemployment benefits if he/she has worked in Iceland and becomes unemployed.