The Tax Administration refunds, when necessary, prepayments and other taxes. When a refund is due, the Tax Administration will send you an advance notification on the amount to be refunded. If you have provided your bank account details, all refunds will be paid to that bank account.
Interest on refunds
Interest is paid on most tax refunds, if separate provisions on interest are provided by statute. The interest period usually starts on the date of payment of the tax, and ends on the date of refund.
A tax refund is payable if it amounts to at least 5 euros. Lesser amounts will not be refunded. However, within the Tax Account system, 20 euros is the minimum amount to be refunded.
Correct bank account number ensures a fast refund
If you have provided your bank account details, refunds will be paid to that bank account. If you have not provided your bank account details, you will receive the refund via a payment order from Pohjola Bank. A refund paid to your bank account will reach you approximately one week sooner than a refund via a payment order.
Refunds of tax withheld at source
If too much tax at source has been withheld on a payment to a company based abroad, the company may claim refund from the Tax Administration. For more information on applying for refund of tax at source, see Refunds of tax withheld at source.