How is the current year’s total of prepayments calculated?

You can check your prepayment amount in MyTax or on the prepayment decision you received by post. You can also use MyTax to request changes to your prepayments.

The Tax Administration calculates the prepayment amount based on your latest finalised tax assessment. If you are a new entrepreneur, your prepayment amount will be based on the income estimate you submit in MyTax or in the start-up notification.

We recommend that you keep a close eye on how your income is developing. If it seems that your actual income is lower or higher than the estimate, or if profits for the current year will be different from the previous year, we recommend that you request changes to your prepayments.

What income is subject to prepayments?

What income is subject to prepayments?
Business owners, self-employed
Agricultural taxpayers
  • Taxable profits from business, Taxable profits from agriculture
  • All other income during the tax year after deductions
Shareholders of a partnership or limited partnership
  • Compensation agreed to be paid to the shareholder
  • The shareholder's other income during the tax year, after deductions
Limited-liability companies and cooperative societies
  • 20% of taxable income
Associations and foundations promoting the public good
  • 20% of business income
  • 6.27% of the taxable income derived from real estate or agriculture
Other associations and foundations, not promoting the public good
  • 20% of the entire turnover