New rules on reduction of fees according to Tariff no. 133/2022 came into force 2 February 2022. The rules state that a completed form together with the applicant's cover letter must be sent to the IMA between 1 January and 20 January each year.
However, the IMA will accept applications for exemptions until 16:00 (GMT) on 25 February 2022 since the new rules with a higher turnover threshold (1.800.000 ISK) came into force after the deadline for applications had passed.
Applicants are requested to fill out the following form and email it to [email protected] , no later than at 16:00 (GMT) on 25 February 2022.