Income tax calculator Finland
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
€ 12,974
Local Income Tax
- € 2,591
Church tax
- € 208
Medicare Premium
- € 68.76
Pension insurance
- € 928
Unemployment insurance
- € 195
Total tax
- € 3,990
Net pay
*
€ 8,985
Marginal tax rate
42.8%
Average tax rate
30.8%
69.2%
Net pay
30.8%
Total tax
Total tax
Net pay
Summary
If you make € 12,974 a year living in Finland, you will be taxed € 3,990. That means that your net pay will be € 8,985 per year, or € 749 per month. Your average tax rate is 30.8% and your marginal tax rate is 42.8%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of € 100 in your salary will be taxed € 42.81, hence, your net pay will only increase by € 57.19.
Bonus Example
A € 1,000 bonus will generate an extra € 572 of net incomes. A € 5,000 bonus will generate an extra € 2,860 of net incomes.
NOTE* Withholding is calculated based on the tables of Finland, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.