Home > Salary > Iceland > Tax Preparer
A tax preparer is a professional who assists individuals and businesses in accurately preparing and filing their tax returns. They are responsible for gathering all necessary financial documents, such as income statements, receipts, and deductions, to calculate the correct amount of taxes owed or refunded. Tax preparers must have a thorough understanding of tax laws and regulations to ensure compliance and maximize deductions for their clients. They may also provide advice on tax planning strategies to minimize future tax liabilities.
Estimated Yearly Salary: 5,633,202 ISK
Estimated Monthly Salary: 469,434 ISK
Estimated Weekly Salary: 108,331 ISK per week
Estimated Hourly Salary: 2,708 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 451,916 ISK
Estimated Weekly Salary: 104,288 ISK per week
Estimated Hourly Salary: 2,607 ISK per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 39,372 USD
Estimated Monthly Salary: 3,281 USD
Estimated Weekly Salary: 757 USD per week
Estimated Hourly Salary: 19 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 5,633,202 ISK
Estimated Monthly Salary: 469,434 ISK
Estimated Weekly Salary: 108,331 ISK per week
Estimated Hourly Salary: 2,708 ISK per hour
By working as Tax Preparer a person can save up to 552 USD per month or 6,626 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.
Estimated Yearly Salary for Tax Preparer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Tax Preparer salary in Iceland
Average Yearly Salary of Tax Preparer in Iceland is approximately 5,633,202 ISK (39,372 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 Preparer do?

Skills: tax preparer, tax professional, tax advisor, tax consultant, financial services, tax planning
Job industry: Accounting
Job industry: Accounting
How much does Tax Preparer make?
Salary details
How much does Tax Preparer make?Estimated Yearly Salary: 5,633,202 ISK
Estimated Monthly Salary: 469,434 ISK
Estimated Weekly Salary: 108,331 ISK per week
Estimated Hourly Salary: 2,708 ISK per hour
Comparing salary to last year:
Estimated Yearly Salary: 5,422,989 ISKEstimated Monthly Salary: 451,916 ISK
Estimated Weekly Salary: 104,288 ISK per week
Estimated Hourly Salary: 2,607 ISK per hour
Tax Preparer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 39,372 USD
Estimated Monthly Salary: 3,281 USD
Estimated Weekly Salary: 757 USD per week
Estimated Hourly Salary: 19 USD per hour
Difference in salary year over year or average salary increase is approximately
About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Tax Preparer job salary compared to average salary in Iceland.
Comparison shows that a person working as Tax Preparer in Iceland earns on average:
0.63 times the average salary (or 63% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Tax Preparer job salary compared to average salary in Iceland.
Comparison shows that a person working as Tax Preparer in Iceland earns on average:
0.63 times the average salary (or 63% of average salary).
Is Tax Preparer a well paid job?
No, our data shows that Tax Preparer is typically not a well-paid job. The salary varies based on experience. Meaning that even though Tax Preparer might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Tax Preparer?
High salary for Tax Preparer would be somewhere between 6,196,522 ISK and 8,168,143 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Tax Preparer 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: 5,633,202 ISK
Estimated Monthly Salary: 469,434 ISK
Estimated Weekly Salary: 108,331 ISK per week
Estimated Hourly Salary: 2,708 ISK per hour
By working as Tax Preparer a person can save up to 552 USD per month or 6,626 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 Preparer
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Random salary:
Vice president (vp), reimbursement (29,780,189 ISK per year, pre-tax.)
Clinical data coordinator (8,323,350 ISK per year, pre-tax.)
Diagnostic imaging center manager (10,202,777 ISK per year, pre-tax.)
Store cleaning manager (4,846,935 ISK per year, pre-tax.)
Assembly riveter (4,997,707 ISK per year, pre-tax.)
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