You can request a payment arrangement for your company with eased terms

20 May 2020: This guidance is currently being updated

Due to the exceptional circumstances caused by the coronavirus, the Tax Administration will ease the terms of payment arrangements for the time being. In addition, the Ministry of Finance is preparing a legislative amendment that will temporarily lower late-payment interest rates for taxes in a payment arrangement.

The primary goal of these changes is to help businesses and entrepreneurs in the financial difficulties caused by the coronavirus pandemic.

You should not request a payment arrangement in advance or “just in case” if you do not have overdue taxes yet. You will get the same terms and same late-payment interest rate for your arrangement even if you request it after the due date of the tax.

If you have taxes that fell due in March or before, request a payment arrangement before the end of March.

If you have taxes that are falling due in April that you will not be able to pay, request a payment arrangement in April.

If you have an active payment arrangement and you run into financial difficulties because of the coronavirus, you can request a new payment arrangement in MyTax starting 25 March. By making a new request, you can get a new arrangement with eased terms, provided that you meet the requirements. As of 25 March, taxes that are included in a payment arrangement request are not transferred to enforcement authorities for recovery.

Read more: Corona situation: You can request a payment arrangement for your company with eased terms starting 25 March

Request a payment arrangement in MyTax starting

If your company has difficulties paying taxes due to the coronavirus situation, you can request a payment arrangement with eased terms in MyTax starting 25 March 2020. If you request a payment arrangement sooner, your request will be processed according to the regular terms for payment arrangements.

You can also request an arrangement by calling our service number 029 497 028. However, you cannot request the eased terms before 25 March 2020.

As of 25 March, taxes that are included in a payment arrangement request are not recovered by enforcement authorities and the company’s tax debt is not published in the tax debt register or the protest list. The Tax Administration will process all requests for a payment arrangement after the amendment on the lowered interest rate enters into force. Due to the coronavirus situation, there is likely to be a large number of requests, which may result in longer processing times.

If you have an active payment arrangement and financial difficulties caused by the coronavirus, you can make a new request for a payment arrangement in MyTax starting 25 March. By making a new request, you can get a new arrangement with eased terms, provided that your request meets the requirements for a payment arrangement.

The eased terms for payment arrangements also apply to the extensions for payment granted for car tax and excise duties. You can request an extension for payment by calling our service number 029 497 156.

You can expect to receive your decision on a payment arrangement with eased terms in June.

If your payment arrangement is granted in June, its first instalment will be due in September. After that, new instalments will be due monthly.

The payment arrangement enters into force as soon as the Tax Administration has accepted your request. You will be able to see your payment arrangement immediately in MyTax. If your request is rejected, you will see a letter on the rejection in MyTax as soon as the matter has been resolved. If you have not activated Suomi.fi Messages, you will also receive letters on your payment arrangement by post.

You do not need to present any account of your financial difficulties to the Tax Administration when making your request. You will only need to state the extra time you will need for payment and give your contact information so that we can ask for more information if necessary.

Due dates will be postponed and late-payment interest will be temporarily lowered

The changes in the grounds and terms for payment arrangements will enter into force along with the legislative amendment. These changes will apply to payment arrangements that have been requested between 25 March and 31 August.

  • According to the new terms, the first instalment of the payment arrangement will fall due in three months after the arrangement has become active, as opposed to just one month.
  • The Tax Administration will automatically include in the arrangement any new tax debts that form after the payment arrangement has been taken into use until 31 May 2020.
  • According to the legislative amendment, the rate of late-payment interest on taxes included in a payment arrangement would be lowered from 7% to 4%. The lowered interest rate would only apply to taxes that are included in a payment arrangement and that fall due after 1 March 2020.

Terms of the payment arrangement

A payment arrangement gives you more time to pay your taxes. If you have an active payment arrangement, the Tax Administration will not send your tax debts to the enforcement authorities for recovery.

In these exceptional circumstances, the Tax Administration will temporarily ease the requirements for granting a payment arrangement. However, you must still meet the following requirements to qualify for an arrangement:

  • you do not have taxes in recovery by enforcement
  • you have filed all the required tax returns and reports to the Incomes Register (earnings payment reports and employer’s separate reports).

You may be unqualified to get a payment arrangement if your previous arrangement has lapsed.

Related questions

If your payment has already been used on a tax, it cannot be re-allocated to another tax. Make sure that when you make payments you use the correct payment details, including the reference number, so that the payment is allocated to the correct tax indicated by the reference number.

The only situation when you can request the re-allocation of your payment to another tax is when the payment has been allocated to an upcoming tax. This means a tax that has not yet fallen due, such as a prepayment whose due date is next month. A payment allocated to an upcoming tax can also be refunded to you if you do not have any other overdue taxes.

You can request a payment arrangement. Taxes that are included in a payment arrangement are not sent to the enforcement authorities for recovery. In addition, taxes that are included in a payment arrangement request are not recovered by enforcement authorities and the company’s tax debt is not published in the tax debt register or the protest list in these circumstances.

Yes. In general, the coronavirus situation or financial difficulties caused by it do not allow for the removal of late-payment interest. If you have difficulties paying your taxes, you can request a payment arrangement with lowered rates of late-payment interest.

However, if you fall suddenly ill or are quarantined, and you do not have the necessary payment details and cannot use our e-services to pay your taxes on the due date, it may be possible to cancel your late-payment interest. You can request the non-collection of late-payment interest in MyTax.

The corona situation does not allow for tax exemption. If you have financial difficulties, you can request a payment arrangement. If you would like to request the cancellation of your late-payment interest, please see the previous question: I will not be able to pay my taxes on time. Do I have to pay late-payment interest?