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/en/inntekt-og-forbruk/statistikker/ifpn/arkiv
453
6 per cent increase in entrepreneurial income
statistikk
2004-04-28T10:00:00.000Z
Income and consumption;Income and consumption
en
ifpn, Income, self-employed, income from self-employment, capital income, wages, sole proprietorship, deductions, profit and loss account, tax, independent professions (for example dentists, solicitors, physiotherapists), farmersIncome and wealth, Personal tax, Income and consumption
false

Income, self-employed2002

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6 per cent increase in entrepreneurial income

Average entrepreneurial income for self-employed persons including sick pay, was NOK 184 100 in 2002. This is an increase of 6 per cent compared with the previous year. Entrepreneurial income constituted 45 per cent of gross income for self-employed persons.

The size of the entrepreneurial income and how it affects the self-employed persons total income vary among the industries.

Entrepreneurial income in different industires

Self-employed persons with main income from the primary industry had an average entrepreneurial income of NOK 241 500 in 2002. Entrepreneurial income was close to 75 per cent of the gross income for this group. Self-employed persons with main income from independent occupation group had an average entrepreneurial income of NOK 389 000. Entrepreneurial income was also for this group close to 75 per cent of the gross income. Self-employed persons with main income from the primary industry had a 6 per cent increase in entrepreneurial income from the previous year. The increase for self-employed persons with main income from independent occupations was 5 per cent.

Capital income

Capital income consists mainly of interest of bank deposits, dividends, profit from sale of shares, and income from sale of property. For all self-employed persons as a whole, there was a 50 per cent increase in capital income compared to 2001. The increase was highest for self-employed persons with main income from wages or pensions. The increase is mainly due to a strong increase in received dividends in 2002.

Gross income, entrepreneurial income and capital income for
different industries. 2002. Average in NOK
  All self-
employed
Primary
industry
Craft Trade Manufacture Independent
occupations group
Gross income  406 300    329 300    344 000    367 000    321 400    525 500
Entrepreneurial income  184 100  260 600  304 500  287 700  272 700  401 200
Capital income 59 000 28 100 18 100 47 900 23 800 81 400

Agriculture deduction

Commencing from the fiscal year 2000, a special agriculture deduction was introduced for those who operate agricultural business activities. The deduction has risen from a maximum amount of NOK 18 000 in 2000, to a maximum amount of NOK 47 500 in 2002. For self-employed with their main income from primary industry this deduction amounted to NOK 24 300 in average in 2002, compared to NOK 20 300 in 2001.

Personal income

Total personal income for self-employed persons consists of personal income of sole proprietorships, participant taxed companies and joint-stock companies, together with wages and pensions. In average, total personal income for all self-employed persons was NOK 305 900 in 2002, an increase of 6 per cent from the previous year. Self-employed persons with main income from the primary industry had an average personal income of NOK 231 400. Wages and pensions was NOK 39 000 of total personal income for this group. Self employed persons with main income from other industries had a personal income of NOK 334 800. Of this, NOK 32 300 was wages and public pensions.

About the statistics basis

The statistics cover a sample of 5 474 self-employed persons responsible for about 5 000 businesses. The sample apportioned after the type of main income shows 605 persons in the primary industries, 3 499 persons in other industries and 1 370 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 2002, there were 341 333 self-employed persons of which 48 565 had their main income from the primary industries, 115 581 from other industries and 177 187 from wages and public pensions.

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