Tax for personal tax payers, 2000

A total of 303 000 people received dividends in 2000, with average dividends of NOK 96 500. The dividends were particularly unequally distributed amongst the shareholders. Three fourth of the receivers got less than NOK 10 000 payed out, while the 5 000 people with the highest dividends got more than NOK 3.5 million in average or 63 per cent of the payed dividends that year.

Also other investment incomes increased considerably in 2000. Realized capital gains of shares for example rose by 85 per cent from 1999 to 2000, to NOK 18.5 billion. In average the 234 000 persons who realized capital gains of shares in 2000 got a profit of NOK 78 800 each. There were 50 per cent more people who got a profit by sale of shares in 2000 compared to the previous year.

Two thirds of the income was wages and salaries

Taxable income from wages and salaries, i.e. wages, salaries, taxable sick pay and unemployment benefits, amounted to NOK 550.4 billion in 2000. This was an increase of 5.3 per cent compared to the year before. If you look at wages and salaries as a share of the gross income, it amounted to 66.4 per cent in 2000 or two percentage points less than the previous year. The decrease in the share of wages and salaries is equivalent to the increase in realized capital gains of shares and received dividends, which amounted to 5.8 per cent of the gross income in 2000.

Deductions increased more than the incomes

From 1997 to 2000 the deductions increased more than the gross income. While the gross income increased by 26 per cent from 1997, the deductions increased by 35 per cent. It is the minimum deduction that constitutes most of the increase from 1999 to 2000. Persons with minimum deduction placed to account of deduction an average of NOK 31 900 compared to NOK 28 000 in 1999. Interest on debt amounted to 27 per cent of total deductions, with an average of NOK 23 600 for those with interest on debt.

Less people put down travelling expenses

The tax-free limit for travelling expenses is constantly raised, which has resulted in a decrease of 8.3 per cent in the number of persons with deduction for travelling expenses. Travelling expenses put down as deduction decreased by 5.4 per cent. A total of 524 500 persons got deduction for travelling expenses, with an average of NOK 11 000 each.

Increase in income from property of dwelling

Income from property of dwelling rose by almost 15 per cent from 1999 to 2000. This is a consequence of the increase in tax value on both houses and cabins by 10 per cent, in addition to new houses with high tax values. Almost every second person put down value of homes, either as freeholder or as a member of a co-operative.

Of all the counties, it was Akershus, Vestfold and Møre og Romsdal, which had the highest income from property of dwelling.

More property

During the latest years the Norwegians have constantly gotten higher taxable property. Financial property (i.e. the value of bank deposits, shares and other securities) increased from 1999 to 2000 by about 11 per cent, or NOK 74.3 billion. In the same period real capital of Norwegian households increased by NOK 46.8 billion, or 9.4 per cent. Mind however that the figures of real capital are only based on tax value, which is lower than the actual value.

Total taxable gross property in 2000 was NOK 1 281 billion, of which NOK 737.4 billion was financial capital and NOK 543.5 billion was real capital.

And more debt

But also the debt of Norwegian households has increased during the latest year. The total of all debt that was put down as a deduction at the tax assessment was NOK 856.5 billion in 2000. This is NOK 383 800 in average for each person with debt in 2000, compared with NOK 352 300 in average in 1999. The debt increased by 10 per cent from 1999, or by nearly NOK 80 billion.

The statistical basis covers 4 677 097 person taxable to Norway, including 1880 persons on Svalbard, which is included for the first time. Of these, 4 502 510 reside in the country, while 174 587 are decedent estates, emigrated persons or persons who for other reasons pay taxes to Norway without living here. In the tables we have used figures for resident persons aged 17 and up, who at the end of 2000 totalled 3 494 949 persons. As of 2000 people assessed on Svalbard are included in the statistics. There were 1420 resident people age 17 and up taxable to Svalbard in 2000. Most of them are assessed both on the mainland and on Svalbard.

Tables:

• Table 1 Main entries from the tax return account. Million kroner and the number of residents 17 years and over that have amount on the different income or property codes. 1998, 1999 and 2000
• Table 2 Tax return account for residents 17 years and over, by sex. 2000. Average for all persons and average for persons that have amount on the different income codes
• Table 3 Tax return account for resident 17 years and over. 1995-2000. Million kroner
• Table 4 Tax return account for residents 17 years and over. 1995-2000. The percentage changes from last year
• Table 5 Tax return account for residents 17 years and over, by sex. 2000. Million kroner and per cent
• Table 6 Tax return account for resident persons 17 years and over, by age. 2000. Average in kroner
• Table 7 Tax return account for resident persons 17 years and over, by gross income. 2000. Average in kroner
• Table 8 Residents 17 years and over, by size of share dividends received. The number of persons 17 years and over and share dividends in million kroner. 1993-2000
• Table 9 Tax return account for resident persons 17 years and over who received share dividends. Share dividends, by quartile. 2000. Average in kroner
• Table 10 Gross income by decil of resident persons 17 years and over. Average and per cent. 1998, 1999 and 2000
• Table 11 Tax return account for residents 17 years and over, by sex. 2000. Million kroner and the number of all persons that have amount on the different property codes
• Table 12 Property account for resident persons 17 years and over. Gross income, by quartile. Percentage of the total. 2000
• Table 13 Property account for resident persons 17 years and over, by age. Average in kroner. 2000
• Table 14 Imputet income and property of owner-occupied dwellings, by county. Resident persons 17 years and over. Average for persons that have amount on the different income codes. 2000
• Table 15 Tax return account for resident receivers of social security benefits, by type of pension. Average in kroner. 2000
• Table 16 Resident receivers of social security benefits, by type of pension.Average gross income and the number of pensioners. 2000 (Corrected 5 August 2002)
• Table 17 Main entries from the tax return for resident receivers of social security benefit, by sex. Receivers of the minimum benfit and receivers of supplementary pension. Average in kroner. 2000