Personal income tax to increase by ISK 3.1 billion
<img style="margin:0 1em 1em 0;" align="left" alt="The state will collect an additional ISK 3.1 billion in personal income tax next year if the assumptions in the budget bill hold." src="https://c.arvakur.is/frimg/1/63/18/1631851A.jpg"/> Individuals will pay ISK 3.1 billion more in income tax in 2027 than they otherwise would have if the government had not decided to suspend the so-called productivity adjustment for next year.