The Norwegian government has announced the National Budget for 2022, which was presented to the Storting (parliament) on 12 October 2021. Specific tax measures of the budget include:

• A reduction in the first and second income tax bracket rates by 0.3% and 0.2%, respectively;
• The introduction of a job allowance of NOK 23,500 for young people under the age of 30;
• The introduction of a new and i…