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Wage deduction instructions for employers

Employers are required to collect tax debts and unpaid public fees from their employees' wages.

This is called a wage deduction.

Notification of wage deduction

If you need to deduct money from employee]s wages, yuo will recieve a notiication on My Pages at Ísland.is

How to submit electronically

  1. Monthly, Fjársýslan sends a text file containing tax debt information to the email address provided when applying for electronic submissions.

  2. The employer imports this file into the accounting software.

  3. Once the import is complete, send the resulting file as attachement to tbrkrafa@runuvinnsla.is.

  4. The employer transfers the wage deduction within 6 days of salary payment.

If the file does not arrive, your email address may be registered incorrectly. Update it by sending your correct information to tbrkrafa@runuvinnsla.is.

Bank details

Within 6 days of paying salaries, the employer trasnfers the wage deductionamount to:

  • Identification number: 540360-0570

  • Bank account number: 0101-26-7649

  • Send receipts to 7649@skatturinn.is

This process is repeated monthly until employere tax debts are paid in full.

No receipt is issued for tax debt and public fee payments.

Employees can track their status on My Pages at Ísland.is under Finances.