Deductions from income and from taxes

The type of deductions that are known as credits will reduce the taxes you must pay. Examples include the tax credit for household expenses, the tax credit for child maintenance, and the tax credit for income spreading.

The other type of deductions is the one that reduces your taxable income: we deduct the amounts involved either when assessing your state income taxes, or when assessing your municipal income taxes. Some deductions may concern both state and municipal taxation. Examples of this type of deductions include the deduction for daily travelling expenses from home to work, and the deduction for expenses for the production of income.

Launch the Calculator to estimate the impact of deductions on your taxation (Tax.fi/taxcalculator)

Income and deductions — other pages

Page last updated 5/12/2017

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