THE SCOPE OF SUBSIDIES FOR LOST INVENTORY IN THE COMPENSATION SCHEME IS EXPANDED

On 9 June, it was decided that if corona restrictions caused full stop or business was totally closed, it is possible to apply for compensation for lost inventory.

The scheme is now being expanded by a regulatory amendment, so that businesses that remained closed because it was unprofitable to stay open due to corona restrictions, are now also able to apply for compensation for lost inventory. Compensation is not paid for alcoholic beverages.

Recent Posts

VAT Made Simple – Understanding the Full Reporting Process - Leinonen
November 17, 2025

VAT Made Simple – Understanding the Full Reporting Process

VAT (Value Added Tax) is a central part of financial management for all companies that sell goods and/or services in Norway. However, VAT is not…

Continue reading
Accounting for big companies - Leinonen
October 10, 2025

Accounting for big companies

Accounting for big companies has in recent years evolved from being a purely administrative necessity to a strategic function that contributes to better decision-making, increased…

Continue reading
Payroll for big companies - Leinonen
September 4, 2025

Payroll for big companies

As your business grows to around 100 employees, you will quickly notice that payroll is no longer a simple routine task. It becomes a core…

Continue reading