Search
Print

Tax statement vocabulary

The tax statements you receive from TAKS are generated by the automated tax system and are not available in English yet.

If you have received a tax statement, and have trouble understanding the Faroese terms, the following list of translations may be helpful.

  • Arbeiðsmarknaðargjald: Labour market fees

  • At heinta inn: To be collected

  • Avlopsskattur: Overpaid tax

  • Avrunding: Rounded off

  • Álíknaður B-skattur: Assessed B-tax

  • Álíkningargrundarlag (inntøkur): Tax base (incomes)

  • Álíkningarkommuna: Municipality for tax purposes

  • Barnafrádráttur: Child tax credit

  • Brutto kommunuskattur: Gross local tax

  • Bruttolandsskattur: Gross national tax

  • B-skattur eftir at gjalda: B-tax due

  • Eftirlønarinntøka: Pension income

  • Eftirlønartrygging: Deferred annuity assurance

  • Framskundað skattauppgerð: Pre-completed tax statement

  • Frádráttir í inntøkuskattinum: Income tax deductions

  • Frádráttur fyri X børn: Child tax credit for X children

  • Fyribilsskattur: Preliminary tax

  • Gjørt upp áður: Previously settled

  • Góðskrivað: Credited

  • Goldin A-skattur: Paid A-tax

  • Goldin B-skattur: Paid B-tax

  • Goldin restskattur: Outstanding tax paid

  • Grein-76 inngjøld: Section-76 contributions

  • Inntøka av egnum virki: Income from self-employment

  • Írestandi skattur: Underpaid tax

  • Kirkjuskattaprosent: Church tax rate

  • Kommunuskattaprosent: Local tax rate

  • Lønarinntøka: Earned income

  • Møgulig eftirstøða verður mótroknað áðrenn útgjalding: Other possible due payments will be offsett before the refund

  • Netto kommunuskattur: Net local tax

  • Netto landsskattur: Net national tax

  • Ov nógv goldið: Too much paid

  • Ógoldin B-skattur: Unpaid B-tax

  • Ógoldin restskattur: Unpaid outstanding tax

  • Pensjónsfrádráttur: Retirement deduction

  • Renta: Interest

  • Restskattur: Outstanding tax

  • Sekt: Fine

  • Skattskyldug inntøka: Taxable income

  • Skattskyldug(ur) (dagatal): Number of taxable days

  • Skattur: Tax

  • Skattur goldin uttanlands: Foreign tax paid

  • Skattur í alt: Total tax

  • Skattur til góðar: Tax in your favour

  • Úrslit av uppgerðini: Result of statement

  • Útgoldin fyribilsskattur: Refunded preliminary tax

  • Útgreining av A-inntøku: Description of A-income

  • Útgreining av B-skatti: Description of B-tax

  • Verður útgoldin síðst í mánaðinum: Will be refunded at the end of the month