The system is based on a graduated payment phase where each individual pays proportionately less as his/her cost of medicine increases within a 12 month period.

Lithium batteries power a wide range of modern devices. However, in air travel, they can pose a safety risk if not handled properly.

People resident abroad are not entitled to personal tax credit in Iceland. Those who move or stay temporarily get personal tax credit from the date of arrival

Individuals living abroad are generally not entitled to personal tax credit in Iceland, except in special circumstances.

The District Commissioner of Northwest Iceland is responsible for collecting the following claims on behalf of the Financial Supervisory Authority: