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.
From 1 January 2026, all employers in Norway will no longer be required to maintain a separate tax deduction account. Instead, tax deductions (withholding tax)…
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…
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…
