| Taxable Earned Income (Euros) |
Tax Rate |
| 16,700 - 25,000 |
6.5% |
| 25,000 - 40,800 |
17.5% |
| 40,800 - 72,300 |
21.5% |
| 72,200 Above |
31.75% |
| Taxable Earned Income (Euros) |
Tax Rate |
| 16,500 - 24,700 |
6.5% |
| 24,700 - 40,300 |
17.5% |
| 40,300 - 71,400 |
21.5% |
| 71,400 - 90,000 |
29.75% |
| Over 90,000 |
31.75% |
| Taxable Earned Income (Euros) |
Tax Rate |
| 16,300 - 24,300 |
6.5% |
| 24,300 - 39,700 |
17.5% |
| 39,700 - 71,400 |
21.5% |
| 71,400 - 100,000 |
29.75% |
| Over 100,000 |
31.75% |
(In addition to the rates below, municipal and church taxes and the health insurance contribution will be collected at 18-26 %)
Tax rates applicable to resident individuals (of Finland)
Income tax on capital income (i.e. investment income) 30 % paid to State. The tax rate on capital income exceeding 40 000 euro is 32 %.
Income tax on earned income paid to the local town or city (16 to 22 %), paid to the church (1 to 2 %) and paid to the State according to the progressive scale shown below. In addition, there is a social security charge called 'the health insurance contribution of the insured' paid by individuals (ca. 2 %).
The corporate tax rate is 20%.
Tax rates applicable to nonresident individuals (living in another country, not Finland)
Income tax on capital income (i.e. investment income) 30
% paid to State. The tax rate on capital income
exceeding 40 000 euro is 32 %.
Tax at source on wages and salary income 35 % is paid to
the State (for the fees of sportsmen, athletes and
performing artists, the rate is 15%). Before the 35 %
tax is collected, an amount of 17 euro per day can be
deducted. Pension income is taxed similarly as for
resident individuals (starting from year 2006). In
addition, if the nonresident is covered by the social
security scheme of Finland, there will be a social
security charge called 'the health insurance
contribution of the insured' paid by individuals (ca. 2
%).
The law for tax at source has changed from 1.1.2014. You
can request that your earned income be taxed under the
progressive scale instead of the tax at source.
For any real property located in Finland, real estate
tax will be paid to the local town, city or rural area.
Residents and nonresidents alike are liable to pay real
estate tax.
7 May or 15 May (in 2014) is the tax return due date
tax year-end is 31 December
Tax returns are due 7 May or 15 May (in 2014). The date will be printed on the pre-completed tax return form. If a taxpayer has not received a pre-completed tax return form, he/she has to file a tax return by 15 May (2014).