The Norwegian Tax Administration has opened for the submission of tax return for companies on the 7th of February 2025. In this article we will talk about what a tax return is, what is new in the tax return this year and what benefits it gives for business owners.
What is a tax return?
A tax return is a report to the Norwegian Tax Administration that contains information about the company’s income, expenses, assets and liabilities. Other relevant financial matters are also included in the tax return and form the basis for the tax calculation for the previous year. The deadline for submission is usually 31st of May, but in 2025 it is 2nd of June. The reason for this is because 31st of May falls on Saturday in 2025, that’s why the deadline is postponed.
What’s new in the tax return in 2025?
The most important change for business owners of a private limited company (AS) or a Norwegian branch of a foreign company (NUF) is that submission must be done through an accounting program. For sole proprietorships (ENK) it will still be possible to submit it manually on Altinn, but it is recommended to submit it from a system. The reason for this is that the submission process is more efficient, and many unnecessary errors are avoided compared to the old method. We use Tripletex, which is ready for the new solution.
Tax assessment in 2025
You will receive a preliminary tax assessment immediately after submission. However, business owners must wait until autumn for the final tax assessment, usually it comes in October. At that time you will be notified whether you will receive a tax refund or have to pay tax back.
Benefits for business owners
The new solution offers many benefits. The main benefit is the increased quality of submitted tax return. This means that the tax calculation will be correct, and you will not have to spend a lot of time on corrections. It will also be a simpler process for accountants, because more information will be filled in automatically and you will receive feedback on possible discrepancies before submission.
Both the Norwegian Tax Administration and the system providers have put a lot of work into the new solution, and it has already been gradually implemented since 2021. In 2025 the new solution should work much better than in previous years, since many errors have been corrected.
Contact us
If you would like to send a tax return for your company, just contact us here.
