Wage expenditures in Suðurstreymoyar region

Wage expenditure statistics include all wages paid by Faroese companies through the pay-as-you-earn (PAYE) tax system.

Wage definitions:

  • Wage expenditures are subject to tax at source and are paid by companies based in the Faroe Islands.
  • The statistics only cover wages for work done. Income from self-employment (B-income), remunerations, allowances from the unemployment insurance scheme and other payments such as grants and post-employment benefits are not included.
  • All wage expenditures meeting the above requirements will be counted in regardless of the employee’s nationality.

Other definitions:

  • Employee’s region refers to the employee’s place of residence.

See also Wage expenditures.

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