Tax accounts, May 2012

The greatest contributor to government tax revenues is the tax equalization contribution to central government, which amounted to NOK 125 billion at the end of May. Other sources of income, such as employers' contributions to the National Insurance Scheme, ordinary taxes received by municipalities, and member contributions to the National Insurance Scheme were also important this month. At the end of May, the accumulated sums amounted to NOK 68.6, 59.2 and 51.9 billion respectively. The corresponding growth rates are calculated at 6.6, 3.4 and 6.2 per cent respectively.

NOK 268 billion of the accumulated tax revenues were paid through the advance tax arrangement, amounting to a 6.3 per cent increase from the same period last year. A total of NOK 139.5 billion has been paid through the non-personal taxpaying arrangement so far this year. With the exception of petroleum taxes, the tax equalisation contributions to the central government have been the most important source of income for the non-personal taxpaying arrangement. NOK 8.9 billion was collected in May and the total for this year now stands at NOK 59.7 billion.

Compared to last year, ordinary taxes paid to the central government show the greatest percentage increase at about 38.8 per cent. Due to changes in the income system, ordinary taxes received by the municipalities have experienced only a slight increase of about 3.4 per cent so far this year. Accumulated ordinary taxes to the central government and municipalities were calculated at NOK 16.6 and 59.2 billion respectively.

Tables:

• Table 1 Tax accounts. Distributed taxes, tax revenues by type. January-May. 2010, 2011 and 2012. NOK million
• Table 2 Tax accounts. Distributed taxes, tax revenues by county authority. January-May. 2011 and 2012. NOK million
• Table 3 Tax accounts. Distributed taxes, tax revenues by municipality. January-May 2012. NOK million