Corona situation: You can request a payment arrangement for your company with eased terms starting 25 March
Updated 23 March at 1 pm.
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.
Request a payment arrangement in MyTax starting 25 March
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.
Update: 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.
Update: 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.
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.
- Requesting a payment arrangement (guidance on Tax.fi)
- Corona situation: The Finnish Tax Administration supports businesses
- Eased terms for payment arrangements for businesses (bulletin by the Ministry of Finance, 18 March 2020)