Tax refunds – individual taxpayers

This guidance is for individual taxpayers and the self-employed. Guidance on tax refunds paid to corporate entities is available here.

Starting in 2019, the annual tax assessment ends at different times for different people. Your personal end date is stated in your tax decision. The end date determines when you receive your tax refund or when you must pay your back taxes.

Please note that you will no longer be able to credit tax refunds to your spouse.

How much tax refund will I get?

You can see your refund amount in MyTax and in your tax decision. Most individual taxpayers receive their tax decision during the spring of 2019 both in MyTax and by post. If you have activated electronic messages from the authorities in Suomi.fi, you will receive your tax decision only in MyTax.

When will I receive my refund?

Your tax refund will be paid to you in the time between July and December. Most individual taxpayers will receive their tax refund on 6 August 2019.

The refund date depends on when the end date of your tax assessment is, what changes you have made to your tax return, and what changes your spouse has made to their tax return. You can see your refund date in MyTax and in your tax decision. You can log in to MyTax with your personal online banking codes or a mobile certificate.

Please note: If there are changes to your taxation, your tax refund amount and refund date may also change.

Why wasn’t my tax refund paid on time?

The date or amount of your refund can change if you have made additions or corrections to your tax return or your spouse has made changes to their return. Your refund date will also be postponed if the Tax Administration does not have your correct bank account number. Your tax refund may also have been used to pay for your overdue taxes.

Read more about why you have not received your tax refund.

Tax refunds include interest

The Tax Administration pays interest on your refunds. However, the interest is not included in the amount on the tax decision. The Tax Administration will add the interest to your refund when paying it to you. In 2019, the refund interest rate is 0.5%.

Frequently asked questions

If the end date of your assessment process is 24 June or an earlier date in June, and you have a prepayment falling due on 24 June, the Tax Administration will use your refund on it even if you make a payment on the due date.

However, please note that we will use your refund on any unpaid taxes you may have from before. If you have such unpaid taxes, this will happen immediately on the date when your assessment ends. You can find the end date on the tax decision or in MyTax.

If your refund does not cover the entire prepayment, you must pay the remaining part of it by 24 June, the due date.

If your refund is greater than the prepayment that falls due on 24 June, we will use your remaining refund on any instalment of inheritance and gift tax that will fall due on 1 July.  If a refundable amount still remains, you will receive it to your bank account on 6 August, unless you have a debt undergoing recovery by enforcement.

What if I still pay my prepayment on the due date?

If you pay the entire amount of your prepayment on 24 June and we simultaneously use your refund on it, the amount that you paid will be sent back to you in approximately one week – unless you have other unpaid taxes that have fallen due earlier or you have other upcoming instalments of prepayments. 

If the end date of your assessment process is 12 June or an earlier date in June, and you have self-assessed taxes falling due on 12 June, the Tax Administration will use your refund on them even if you made a payment on the due date.

However, please note that we will use your refund on any unpaid taxes you may have from before. If you have such unpaid taxes, this will happen immediately on the date when your assessment ends. You can find the end date on the tax decision or in MyTax.

If the amount of your refund does not cover the entire tax, you must pay the remaining part of your self-assessed taxes by 12 June, the due date.

If your refund is greater than the self-assessed tax that falls due on 12 June, the Tax Administration will use the remaining refund on a prepayment that will fall due on 24 June – if prepayments have been imposed on you – and on inheritance and gift tax falling due on 1 July, if you have any.  If a refundable amount still remains, you will receive it to your bank account on 6 August, unless you have a debt undergoing recovery by enforcement.

What if I still make a payment of my self-assessed taxes on the due date?

If you pay self-assessed taxes on 12 June and if we simultaneously use your refund on them, the extra amount that you paid will either remain waiting, to cover other upcoming taxes, or be refunded to you automatically. When you receive refunds depends on what you have selected as your refund time and refund limit in MyTax.  Read more about refunds of self-assessed taxes.

If you have selected in MyTax that your payments should be used to pay for upcoming taxes, you can request your payment to be refunded to you. See the guidance: How to request a refund of your payment in MyTax.

We recommend that you log in to MyTax from time to time to stay on top of your taxes and payments.

If the end date of your assessment process is 3 June or earlier, and you have inheritance or gift tax falling due on 3 June, the Tax Administration will use your refund on the tax, even if you make a payment on the due date.

However, please note that we will also use your refund on any unpaid taxes you may have from before. If you have such unpaid taxes, this will happen immediately on the date when your assessment ends. You can find the end date on the tax decision or in MyTax.

If the amount of your refund does not cover the entire inheritance or gift tax, you must pay the remaining part by 3 June, the due date.

If the amount of your refund is greater than the instalment falling due on 3 June of inheritance and gift tax, we will transfer the rest of your refund to your bank account on 4 July, unless you have a debt undergoing recovery by enforcement. 

What if I still make a payment of inheritance tax or gift tax on the due date?

If you pay the entire amount of your inheritance or gift tax on 3 June and if we simultaneously use your refund on it, the amount that you paid will be sent back to you in approximately one week, unless you have other unpaid taxes that have fallen due earlier, or unless you have other, upcoming instalments of inheritance and gift taxes. 

We recommend that you log in to MyTax from time to time to stay on top of your taxes and payments.

If you or your spouse make changes to the tax return, the tax assessment process will take longer, and the refund date and due dates for back taxes will therefore be postponed. In that case, you will receive a new tax decision. The decision will include your new refund date or new due dates for your back taxes along with the details for payment. At the latest, your refund date or first due date for back taxes is in December.

There is no longer a single refund date for all taxpayers. Previously, everyone received their refund on the same date in December after the end of tax assessment. However, now the tax assessment process ends at different times for different people. You will receive your refund within two months after your personal tax assessment end date. Most people will now receive their tax refunds in August. However, some may receive their refund in December as before.

If you have not submitted your bank account number to the Tax Administration in time, your tax refund is paid to you as a money order. If your refund has already been transferred to the bank to be cashed as a money order, the Tax Administration cannot pay it to your bank account.

You have 28 days to cash your money order. The time limit starts on the date stated on the order. If you do not cash the money order, the bank will transfer the tax refund back to the Tax Administration. After this, we can pay the refund to your bank account within a week if you have sent us your bank account number. You can submit your bank account number in MyTax.

Between your tax assessment end date and the 4th of the following month, your tax refund can be used to pay for any unpaid taxes you may have. The amount of unpaid taxes is deducted from the refund amount. Tax refunds are also used for taxes that are in a payment arrangement.

You can see how your tax refund has been used in your tax summary. The summary is compiled at the end of each month. Read more about the summary.

Your refund can be used to settle any taxes you are accountable for. The amount of unpaid taxes will therefore be deducted from your refund amount.

If we use your refund to pay for a partnership’s tax debt, we will notify you as well as the partnership.