Income, self-employed, 2004

Self-employed in primary industries have on average a lower income than other self-employed. In addition to lower social security contributions, they also have different deductions specific to the primary industries. In 2004 the agriculture deduction amounted to an average of NOK 31 000.

Primary industries

41 000 persons received their main income from primary industries. The average gross income was NOK 332 000, capital income NOK 31 000 and wage income NOK 37 000.

The average personal income amounted to NOK 239 000, of which NOK 193 000 was estimated personal income from primary industries.

Construction

Self-employed carpenters, masons, electricians, plumbers, painters and others within construction industries had an average gross income of NOK 373 000. Of this, entrepreneurial income was NOK 332 000, capital income NOK 19 000 and wage income NOK 18 000.

The average personal income amounted NOK 317 000, where NOK 299 000 of this was estimated personal income from construction.

Trade

Self-employed in shops, bars, restaurants and inns had a gross income of NOK 351 000. Of this, entrepreneurial income was NOK 286 000, capital income NOK 37 000 and wage income NOK 22 000.

The average personal income amounted NOK 254 000, where NOK 233 000 of this was estimated personal income from trade.

Manufacturing

Self-employed manufacturers had an average gross income of NOK 334 000. Of this, entrepreneurial income was NOK 285 000, capital income NOK 22 000 and wage income NOK 22 000.

The average personal income amounted NOK 264 000, where NOK 242 000 of this was estimated personal income from manufacturing.

Wages and pension

Self-employed with wages and pensions as their main income is a large and diverse group. This group includes hobbies, self-employed that are downsizing or starting a business, and persons who combine being employees and being self-employed.

Average gross income was NOK 409 000. Of this, wage and income amounted to NOK 294 000, capital income NOK 67 000, and only an average entrepreneurial income of NOK 38 000.

Average personal income was NOK 332 000.

A self-employed are a person that has received entrepreneurial income and/or has an entrepreneurial deficit in their tax assessment. There were 339 098 self-employed persons 17 years and older living in Norway in 2004. The persons are classified by whether their main income comes from business or wage and pensions. More than half of the self-employed received their main income from wages and pensions in 2004.

About the statistics

The statistics includes information from the tax returns of all self-employed persons, together with additional form from the businesses of a sample of 173 674 self-employed persons. A self-employed person is a person who conduct business at his/hers own risk. Married couples conducting a business together are counted as two self-employed, even though they share the taxable entrepreneurial income. One self-employed can run more than one business.

Changes in depreciation forms and a significant increase in electronically delivered tax returns and additional forms make the data not completely comparable with previous years.

Tables:

• Table 1 Income and deductions for self-employed, by main income. 2004. Average NOK
• Table 2 Income and deductions for self-employed with main income from other entreprenurial activity. 2004. Average NOK
• Table 3 Income and deductions for self-employed with main income from independent occupations group, by industry. 2004. Average NOK
• Table 4 Income statement for sole proprietors, by main income. 2004. Average NOK
• Table 5 Income statement for sole proprietors with main income from other entreprenurial activity, by industry. 2004. Average NOK
• Table 6 Income statement for sole proprietors with main income from independent occupations group, by industry. 2004. Average NOK
• Table 7 Calculation of personal income, by main income. 2004. Average NOK