Income, self-employed, 2001

Gross income consists of wages and public pensions, entrepreneurial income and capital income. Average gross income for the self-employed with their main income from primary industries was NOK 301 000, while the average for self-employed from other businesses was NOK 424 000. Self-employed persons with main income from wages and public pensions had an average gross income of NOK 346 300.

Entrepreneurial income

For all self-employed person, average entrepreneurial income was NOK 173 000. This was about half of the gross income. Compared to the previous year, the average entrepreneurial income increased by NOK 6 500. Self-employed persons with main income from the primary industry had an entrepreneurial income of NOK 244 100, or 81 per cent of the gross income. The corresponding figures for other industries was NOK 341 200 and 13 per cent. The entrepreneurial income for self-employed persons with their main income from wages and public pensions was 13 per cent of the gross income.

Personal income

For self-employed with main income from primary industries, total personal income was on an average NOK 211 200, an increase of 19 800 from the previous year. Of this, NOK 175 800 was personal income from industry. For self-employed in other businesses, total personal income was NOK 320 100, an increase of 21 000 from 2000. Of this, NOK 289 800 was personal income from industry. Self-employed persons with main income from wages or public pensions, total personal income was on an average NOK 291 200, an increase of 6 900 from the previous year.

Agriculture deduction

Commencing from fiscal year 2000, a special agriculture deduction was introduced for those who operate agricultural business activities. The deduction can maximum amount to NOK 36 000 for each operating unit in 2001, but it cannot amount to more than the income from each unit. For self-employed with their main income from primary industry this deduction amounted to NOK 20 300 in average.

About the statistics basis

The statistics cover a sample of 5 043 self-employed persons responsible for about 5 000 businesses. The sample apportioned after the type of main income shows 544 persons in the primary industries, 3 152 persons in other industries and 1 347 persons with their main income from wages and public pensions. A self-employed person is a person who conducts business for his own account and risk, and is required to document the entrepreneurial income on a tax return schedule in addition to the personal tax return. Spouses, who conduct business together, are seen as two self-employed who divide the entrepreneurial income. A self-employed person can be responsible for several businesses. According to Statistics Norway's tax return statistics, which is based on the Directorate of Taxes' Register for the fiscal year 2001, there were 342 157 self-employed persons of which 51 512 had their main income from the primary industries, 114 022 from other industries and 176 623 from wages and public pensions.

Tables:

• Table 1 Tax Return account, by main income. Average. 2001. NOK
• Table 2 Calculation of personal income of sole proprietorships, by industry. Average. 2001. NOK
• Table 3 General Trading Statement accounts for primary industries. Average. 2001. NOK
• Table 4 General Trading Statement accounts for other industries. Average. 2001. NOK
• Table 5 Capital yield basis of sole proprietorships. Average. 2001. NOK