Tax Compliance Manager salary in Iceland

Average Yearly Salary of Tax Compliance Manager in Iceland is approximately 15,064,824 ISK (105,532 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Tax Compliance Manager do?

A tax compliance manager is responsible for ensuring that an organization complies with all tax laws and regulations. They oversee the preparation and filing of tax returns, ensuring accuracy and timeliness. This occupation involves staying up-to-date with changes in tax laws and regulations, interpreting them, and implementing necessary changes in the organization's tax policies and procedures. Tax compliance managers also conduct internal audits to identify and rectify any potential tax issues or risks. They work closely with finance and accounting teams to provide guidance on tax-related matters and assist in tax planning strategies. Strong analytical skills, attention to detail, and excellent knowledge of tax laws are crucial in this role.

Skills: tax compliance, tax regulations, tax returns, tax planning, tax laws, financial compliance.
Job industry: Finance

How much does Tax Compliance Manager make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Tax Compliance Manager a well paid job?

Yes, our data shows that Tax Compliance Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Tax Compliance Manager?

High salary for Tax Compliance Manager would be somewhere between 16,571,306 ISK and 21,843,995 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Tax Compliance Manager in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 15,064,824 ISK
Estimated Monthly Salary: 1,255,402 ISK
Estimated Weekly Salary: 289,708 ISK per week
Estimated Hourly Salary: 7,243 ISK per hour
By working as Tax Compliance Manager a person can save up to 6,066 USD per month or 72,786 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Tax Compliance Manager

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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