Income tax calculator Finland
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
€ 14,875
Local Income Tax
- € 2,971
Church tax
- € 238
Public broadcasting tax
- € 163
Medicare Premium
- € 78.84
Pension insurance
- € 1,064
Unemployment insurance
- € 223
Total tax
- € 4,737
Net pay
*
€ 10,138
Marginal tax rate
30.8%
Average tax rate
31.8%
68.2%
Net pay
31.8%
Total tax
Total tax
Net pay
The Taxberg
€ 10,138
Net pay
€ 387
Tax the employer pays
€ 4,737
Tax you pay
Total tax paid
€ 5,124
Did you know your employer also pays tax on your salary? It costs the employer € 387 to pay you € 14,875. In other words, every time you spend € 10 of your hard-earned money, € 3.44 goes to the government.
Real tax rate
33.6%
So, with you and the employer both paying tax, what used to be a 31.8% tax rate now rises to 33.6%, meaning your real tax rate is actually 1.8% higher than what it seemed at first.
Summary
If you make € 14,875 a year living in Finland, you will be taxed € 4,737. That means that your net pay will be € 10,138 per year, or € 845 per month. Your average tax rate is 31.9% and your marginal tax rate is 30.8%. 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 € 30.75, hence, your net pay will only increase by € 69.25.
Bonus Example
A € 1,000 bonus will generate an extra € 693 of net incomes. A € 5,000 bonus will generate an extra € 3,463 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.