Taxation in the Faroe Islands to be no longer than 12 months. However, the first accounting year can vary from 6 to 18 months. Taxation in the Faroe Islands Taxation in the Faroe Islands has differed from the taxes in Denmark since home rule was granted in 1948. This gives the Faroe Islands control over their own taxes. All citizens of the Faroe Islands are subject to personal taxation. The government tax rate on incomes up to DKK 500,000 is 20%. Incomes higher than this pay a fixed amount, always resulting in a higher percentage. There are multiple tax deductions in the Faroes. This includes
Church of the Faroe Islands his absence, and sits "ex officio" on the Church of the Faroe Islands ministerial council. There are around twenty-five ordained priests serving the churches and chaplaincies of the Church of the Faroe Islands. Around 60 churches and chapels are grouped into 14 parishes across the country. The Church of the Faroe Islands clergy directory lists 25 parish priests "(Sóknarprestur)", of whom one also serves as hospital chaplain, and one as diocesan exorcist. "For pre-Reformation bishops see Ancient Diocese of the Faroe Islands" Church of the Faroe Islands The Church of the Faroe Islands (, "people's church") is one of the