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A Meager 14 Billion Was Lost in Wages Last Year

ISK 13.7 billion was paid in wages from March last year to February this year. This is 7.1 percent more than from March 2024 to February 2025. This is wages that go through the A-tax system.  This is mainly due to wages and rents in demersal fishing, which in the last 12 months is 55 percent higher than from 2024 to 2025, writes Statistics Iceland. The public sectors of health and social services and public administration, defense and statutory …
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ISK 13.7 billion was paid in wages from March last year to February this year. This is 7.1 percent more than from March 2024 to February 2025. This is wages that go through the A-tax system.  This is mainly due to wages and rents in demersal fishing, which in the last 12 months is 55 percent higher than from 2024 to 2025, writes Statistics Iceland. The public sectors of health and social services and public administration, defense and statutory …

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Kringvarp Føroya broke the news in on Wednesday, March 18, 2026.
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