Slate production
If your business activity is slate production, you must pay tax on the income from the production and can deduct expenses related to this production.
Does this apply to me?
This applies to you if your business activity is slate production.
What you need to do
Tax deduction card and advance tax
Check your tax deduction card and remember to pay advance tax.
Value added tax
If you’re registered in the Value Added Tax Register, you must also submit the VAT return.
Accounting
Keep accounts throughout the entire year. Your accounts must be updated with all the income and expenses that you’ve had.
Tax return
You must submit the tax return with the business information by 31 May at the latest.
Your accounts are the basis for completing the business information. You must state all the income and expenses from your business activity. You’ll get deductions for expenses.
Income
The income from the slate production must be reported in the tax return.
The special allowance for slate production in Northern Norway
The special allowance for slate production applies to selected municipalities in Nord-Troms and Finnmark.
This applies to the slate production in municipalities in Troms and Finnmark, with the exception of the municipalities of Balsfjord, Bardu, Dyrøy, Gratangen, Harstad, Ibestad, Kvæfjord, Lavangen, Målselv, Salangen, Senja, Sørreisa, Tjeldsund, and Tromsø.
The special allowance for slate production in the tax return
If you’re engaged in slate production as a business activity for more than six months of the income year, you may be entitled to the special allowance for slate production.
If the profit from slate production is less than NOK 54 200, the special allowance for slate production will be the same as the profit. This means that the taxable income will be NOK 0.
Example
Profit NOK 40,000
- special allowanca for slate production NOK 40,000
= Taxable income NOK 0
If the profit from slate production is between NOK 54,200 and NOK 328,575, the special allowance for slate production is NOK 54,200 plus 32 percent of the profit exceeding NOK 54,200.
Example
Profit NOK 200,000
- Special allowanca for slate production: NOK 54,200 + NOK 100,856
32 percent of (200,000 – 54,200)
= Taxable income NOK 99,144
If the profit from slate production exceeds NOK 328,575, the special allowance for slate production will be NOK 142,000 .
Maximum limit for the special allowance for slate production
The maximum limit for the special allowance for slate production is NOK 142,000.
If you share your business income with others, you must share the allowance. This could be spouses, but also businesses assessed as partnerships (ANS and DA).
Spouses are only entitled to a maximum of one allowance totalling NOK 142,000.
If you carry out agricultural activity or reindeer husbandry in addition to slate production, the maximum total allowance for all the business activities is NOK 195,000.
There are separate allowances for fishermen and seafarers. If you’re entitled to these, you can receive them in addition to the special allowance for slate production.
Supporting documents
You do not need to send us any supporting documents, but you must be able to provide them if we ask for them.