Inheritance tax is 10% of the total value of all financial assets and assets, less debts and funeral costs

Parents may be entitled to parental leave when their child is born, adopted or becomes a permanent foster child.

Grants are awarded to educators and providers of education in Icelandic which is not a part of public education at the primary or secondary level.

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

The Directorate of Labour provides companies with advice, education and follow-up so that the number of part-time jobs in the labour market can be increased.