Online Calculators since 2009
The Annual Wage Calculator is updated with the latest income tax rates in Iceland for 2020 and is a great calculator for working out your income tax and salary after tax based on a Annual income. The calculator is designed to be used online with mobile, desktop and tablet devices. Review the full instructions for using the Iceland Salary After Tax Calculators which details Iceland tax allowances and deductions that can be calculated by altering the standard and advanced Iceland tax settings.
Calculate your annual take home pay in 2020 (that's your 2020 annual salary after tax), with the Annual Iceland Salary Calculator. A quick and efficient way to compare annual salaries in Iceland in 2020, review income tax deductions for annual income in Iceland and estimate your 2020 tax returns for your Annual Salary in Iceland. The Annual Iceland Tax Calculator is a diverse tool and we may refer to it as the annual wage calculator, annual salary calculator or annual after tax calculator, it is however the same calculator, there are simply so many features and uses of the tool (annual income tax calculator, there is another!) that we refer to the calculator functionally rather than by a specific name, we mention this here to avoid any confusion.
The Iceland Income Tax Calculator uses income tax rates from the following tax years (2020 is simply the default year for this tax calculator), please note these income tax tables only include taxable elements, allowances and thresholds used in the Iceland Annual Income Tax Calculator, if you identify an error in the tax tables, or a tax credit / threshold that you would like us to add to the tax calculator, please contact us.