Vehicle tax

If you had a car or lease purchase agreement with Ergo and have just paid it off, you can expect an ownership transfer to be sent to you for electronic signing.

For the transfer to go through, the vehicle tax must be paid. As the registered user, you should have received an invoice in your online bank.

Once the vehicle tax has been paid, the ownership transfer has been signed, and the car or camper is registered in your name, the following can take place:

• A credit will be issued to you by Skatturinn for vehicle tax you have already paid.
• You will receive an invoice for vehicle tax from Skaturinn in your online bank.

When a vehicle changes ownership, the vehicle tax is partially refunded to the previous owner (Ergo), and a new tax invoice is created for the new owner (you) for the remainder of the period. 

We handle the refund process and transfer the credit to you as soon as possible. In most cases, refunds are processed within 15 days of confirmation from the Icelandic Tax Administration (Skatturinn). 

Please see the Skatturinn website for more information.

This is completely normal if you have just paid off a car or lease agreement with Ergo, registered a vehicle in your name, or sold a financed vehicle.

This is what will happen:

• A credit will be issued to you by Skatturinn for vehicle tax you have already paid.
• You will receive an invoice for vehicle tax from Skaturinn in your online bank.

When a vehicle changes ownership, the vehicle tax is partially refunded to the previous owner (Ergo), and a new tax invoice is created for the new owner (you) for the remainder of the period. 

We handle the refund process and transfer the credit to you as soon as possible. In most cases, refunds are processed within 15 days of confirmation from the Icelandic Tax Administration (Skatturinn). 

Please see the Skatturinn website for more information.