Tax Technician salary in Iceland

Average Yearly Salary of Tax Technician in Iceland is approximately 11,122,687 ISK (77,701 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 Technician do?

A tax technician is responsible for assisting in the preparation and filing of tax returns for individuals and businesses. They work closely with tax professionals to ensure accurate and timely completion of tax documents. Their main duties include gathering and organizing financial data, inputting information into tax software, performing basic calculations, and verifying the accuracy of tax forms. Tax technicians may also assist in researching tax laws and regulations, answering client inquiries, and maintaining client records. This role requires attention to detail, strong organizational skills, and a solid understanding of tax laws and procedures.

Skills: Tax technician, Tax preparation, Tax filing, Financial data, Tax software, Tax laws
Job industry: Accounting

How much does Tax Technician make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Tax Technician a well paid job?

Yes, our data shows that Tax Technician 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 Technician?

High salary for Tax Technician would be somewhere between 12,234,956 ISK and 16,127,896 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Tax Technician 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: 11,122,687 ISK
Estimated Monthly Salary: 926,891 ISK
Estimated Weekly Salary: 213,898 ISK per week
Estimated Hourly Salary: 5,347 ISK per hour
By working as Tax Technician a person can save up to 3,746 USD per month or 44,955 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 Technician

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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