Country reference
Iceland — Work Calendar, Salary and VAT Reference
The quickest route into this market's holiday calendar, salary planning and VAT rules.
Next holiday
Icelandic National Day · Wed, 17 Jun 2026
national
Working days
257 working days in 2026
5 public holidays
Standard VAT
24% standard
11% · 0%
Salary example
ISK 8,200 → ISK 7,112.68 net
Average monthly example
Core routes for this market
Open the exact workflow you need without leaving the country context.
Public holidays
2026 holiday calendar
5 national holidays with next-date visibility and year navigation.
Working days
257 working days
Monthly baseline working days derived from weekends and the national holiday layer.
Salary
ISK 8,200 → ISK 7,112.68 net
Gross-to-net, net-to-gross and employer cost tools linked to the same country model.
VAT
24% VAT reference
Standard and reduced VAT rates plus invoice rules and calculators.
Upcoming public holidays
The next holidays matter most for cut-offs, staffing and payroll timing.
| Date | Holiday | Type |
|---|---|---|
| Wed, 17 Jun 2026 | Icelandic National Day | national |
| Thu, 25 Jun 2026 | Midsummer | national |
| Fri, 25 Dec 2026 | Christmas Day | national |
| Sat, 26 Dec 2026 | Boxing Day / St. Stephen's Day | national |
2026 monthly capacity
A quick monthly view before you open the full working-days page.
1
21 working days
1 holidays in month
2
20 working days
0 holidays in month
3
22 working days
0 holidays in month
4
22 working days
0 holidays in month
5
21 working days
0 holidays in month
6
20 working days
2 holidays in month
7
23 working days
0 holidays in month
8
21 working days
0 holidays in month
9
22 working days
0 holidays in month
10
22 working days
0 holidays in month
11
21 working days
0 holidays in month
12
22 working days
2 holidays in month
Payroll reference
Salary planning snapshot
VAT reference
Standard and reduced rates
Regional context
National baseline, local review where required
Iceland has additional regional context that can affect operational planning. The figures above show the national baseline first.
Frequently asked questions
Short answers to the questions people most often ask before relying on the page.
Salary calculators
Explore all salary tools for this country to understand gross-to-net, net-to-gross, and employer cost calculations.
Holiday years
View public holidays across multiple years for comprehensive holiday planning.
Working days by month
View working day counts for each month of the current year.