Hver eru virðisaukaskattsþrepin á Íslandi?

Almenna virðisaukaskattsþrepið á Íslandi er 24% og gildir um flesta almenna vöru- og þjónustusölu. Lægra þrepið er 11% og nær yfir matvæli, gistingu, bækur, rafbækur, heitt vatn, rafmagn og ferðaþjónustu samkvæmt lögum nr. 50/1988.

Hvernig er virðisaukaskattur reiknaður af heildarverði (útskattur)?

Til að finna VSK út úr heildarverði með 24% skatti er heildarupphæðin margfölduð með 0,1935 (eða deilt með 1,24). Fyrir 11% VSK er margfaldað með 0,0991 (eða deilt með 1,11).

Hver er lágmarksupphæð til að fá endurgreiddan VSK (Tax-Free) fyrir erlenda ferðamenn?

Kaupverð á einni og sömu sölukvittun verður að vera að lágmarki 12.000 kr. með VSK til að hægt sé að sækja um Tax-Free endurgreiðslu á Keflavíkurflugvelli eða Seyðisfirði.

Hvernig eru tollar og innflutningsgjöld reiknuð við sendingu til Íslands?

Innflutningsgjöld reiknast af CIF-tollverði (verð vöru + trygging + flutningskostnaður). Fyrst er tollur lagður á CIF-verðið og síðan 24% VSK ofan á samtölu CIF-verðs, tolls og afgreiðslugjalds flutningsaðila.

Iceland Financial Tools Updated for 2026

Iceland Financial Calculators — VAT, Duty, Salary & ISK Rates

Welcome to the complete financial directory of VSK Iceland. Explore precision calculation tools for Value Added Tax (24% & 11%), tourist tax-free VAT refunds, customs duties and import landed costs, salary tax deductions, and live Icelandic Króna (ISK) exchange rates.

Statutory Compliance: All computational models adhere strictly to Icelandic VAT Act No. 50/1988, Customs Act No. 88/2005, Income Tax Act No. 90/2003, and official Central Bank reference directives for 2026.

Iceland VAT Calculator (24% & 11%)

Calculate price before VAT, add tax to net invoices, extract embedded VAT from retail receipts, or perform reverse VAT calculations in seconds.

24% Standard Rate 11% Reduced Rate Add VAT Extract VAT

Tourist VAT Refund Calculator (Tax-Free)

Calculate your net refund when exporting souvenirs and wool from Iceland. Features the 12,000 ISK minimum receipt threshold and Global Blue / Planet fee schedules.

12,000 ISK Minimum Keflavík Airport (KEF) Global Blue / Planet Net Refund (~14%)

Import Duty & VAT Calculator (Landed Cost)

Calculate total import costs: CIF customs value (Price + Freight + Insurance), commodity tariff codes, compounded 24% import VAT, and postal/carrier brokerage charges.

CIF Valuation Customs Tariff 24% Import VAT Carrier Clearance

Salary After Tax Calculator (Net Take-Home Pay)

Calculate net monthly take-home wages in Iceland: 4% mandatory pension fund contribution, monthly 64,926 ISK personal tax credit, and progressive 3-tier withholding tax brackets.

64,926 ISK Credit 4% Pension Fund 3 Tax Brackets Net Pay

Icelandic Króna (ISK) Currency & Exchange Rate Calculator

Convert foreign currency prices (EUR, USD, GBP, DKK, NOK, SEK) into Icelandic Króna using Central Bank of Iceland daily reference mid-market rates.

Central Bank of Iceland EUR, USD, GBP, DKK Mid-Market Rates

Iceland Statutory Tax Rates & Thresholds 2026

Category	Rate / Threshold	Scope & Details
Standard VAT	24.0%	General merchandise, apparel, electronics, vehicles, and services.
Reduced VAT	11.0%	Packaged food, books, magazines, hotels, and geothermal heating.
Tax-Free Minimum	12,000 ISK	Statutory single-receipt minimum purchase for tourist VAT refund.
Personal Tax Credit	64,926 ISK / mo	Monthly tax credit granted to every registered Icelandic worker.
Mandatory Pension	4.0% employee	Deducted pre-tax (Employer matching contribution is 11.5%).

Frequently Asked Questions

Are these calculators free to use?

Yes. All financial calculators and guides on VSK Iceland are 100% free with unlimited access and zero registration or subscription requirements.

How often are tax brackets and exchange rates updated?

Tax brackets and statutory limits are updated annually to match the official State Budget. Currency reference rates are refreshed based on Central Bank of Iceland daily fixings.

Does VSK-IS store any private financial numbers I input?

No. All calculations run strictly client-side inside your browser JavaScript sandbox. No salary figures, receipts, or data are transmitted to any remote servers.

How do I manually remove VAT from an Icelandic price?

To remove 24% VAT from a gross price, divide by 1.24. To extract 11% VAT, divide the gross price by 1.11.