Income and deductions used for calculating the tax rate for 2019
You will receive your tax card for 2019 in December 2018 or January 2019, both in MyTax and by post. The card will come into force on 1 February 2019. The percentage rate on your 2019 card is usually based on the income and deductions recorded in your tax assessment for 2017.
If you have requested a revised tax card for 2018, your rate for 2019 has been calculated according to the information you gave for the revised tax card.
The income and deductions used for calculating the tax rate are shown in the tax decision enclosed with the tax card.
Tax rate on capital income
As a rule, capital income of less than €7,000 is taken into account in your tax card’s rate. The rate may be higher because of this, but no separate payment is generated for capital income (such as rental income).
Tax base details for 2019
The following have been taken into account when determining the tax rates for 2019:
- State income tax schedule 2019 (in Finnish and Swedish)
- health care contribution on wage income 0.00% and on pension and benefit income 1.44% and increase 0.17%
- daily allowance contribution 0.00% if wage income or work income is less than €14,282 and 1.54% if the income is €14.282 or more
- List of income tax rates of municipalities and church parishes in 2019 (in Finnish and Swedish)
- deduction for the production of income €750, no more than the amount of wage income
- earned income deduction from wage income and business income in municipal taxation, no more than €3,570
- work income deduction from wage income and business income, no more than €1,630
- deduction for travel expenses, no more than €7,000 for the part exceeding the €750 credit threshold
- interest on a home loan or loan relating to the production of income. You can deduct 25% of the interest on a home loan.
- trade union fees and payments to unemployment funds
- tax-deductible voluntary pension insurance contributions
- deduction based on the employee’s pension insurance contribution (6.75% or 8.25%) and unemployment insurance contribution (1.50%) (your employer withholds the contribution from net wages and the corresponding amount is deducted in taxation)
- public broadcasting tax 2.5% if income is €14,000 or more
- additional tax on pension income 5.85% if pension income exceeds €47,000
- basic deduction in municipal taxation €3,305
Withholding data is delivered to employers electronically
You do need not give a printed tax card to your employer if the employer has already received the withholding data electronically from the Tax Administration.