Income tax calculator Finland
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
€ 29,135
Income Tax
- € 725
Local Income Tax
- € 5,818
Church tax
- € 466
Public broadcasting tax
- € 163
Daily allowance contribution
- € 344
Medicare Premium
- € 154
Pension insurance
- € 2,083
Unemployment insurance
- € 437
Total tax
- € 10,191
Net pay
*
€ 18,944
Marginal tax rate
40.9%
Average tax rate
35.0%
65.0%
Net pay
35.0%
Total tax
Total tax
Net pay
The Taxberg
€ 18,944
Net pay
€ 758
Tax the employer pays
€ 10,191
Tax you pay
Total tax paid
€ 10,948
Did you know your employer also pays tax on your salary? It costs the employer € 758 to pay you € 29,135. In other words, every time you spend € 10 of your hard-earned money, € 3.76 goes to the government.
Real tax rate
36.6%
So, with you and the employer both paying tax, what used to be a 35% tax rate now rises to 36.6%, meaning your real tax rate is actually 1.6% higher than what it seemed at first.
Summary
If you make € 29,135 a year living in Finland, you will be taxed € 10,191. That means that your net pay will be € 18,944 per year, or € 1,579 per month. Your average tax rate is 35.0% and your marginal tax rate is 40.9%. 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 € 40.86, hence, your net pay will only increase by € 59.14.
Bonus Example
A € 1,000 bonus will generate an extra € 591 of net incomes. A € 5,000 bonus will generate an extra € 2,957 of net incomes.
Compare average tax
North America
Country
Net pay
Average tax
Rank
USA
EUR 23791
18.3%
1
Canada
EUR 21532
26.1%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Hong Kong
EUR 27201
6.6%
1
Taiwan
EUR 25956
10.9%
2
Thailand
EUR 25320
13.1%
3
Australia
EUR 24954
14.4%
4
South Korea
EUR 24149
17.1%
5
New Zealand
EUR 23896
18.0%
6
Kazakhstan
EUR 23354
19.8%
7
Indonesia
EUR 23037
20.9%
8
Singapore
EUR 22855
21.6%
9
Pakistan
EUR 22852
21.6%
10
Japan
EUR 22519
22.7%
11
Malaysia
EUR 22337
23.3%
12
Philippines
EUR 21700
25.5%
13
Vietnam
EUR 20859
28.4%
14
China
EUR 19609
32.7%
15
India
EUR 18723
35.7%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Guatemala
EUR 26341
9.6%
1
Puerto Rico
EUR 25503
12.5%
2
Costa Rica
EUR 25369
12.9%
3
Ecuador
EUR 24584
15.6%
4
Panama
EUR 23591
19.0%
5
Colombia
EUR 23544
19.2%
6
Chile
EUR 23265
20.2%
7
Mexico
EUR 22245
23.7%
8
Peru
EUR 22193
23.8%
9
Brazil
EUR 21650
25.7%
10
Uruguay
EUR 21047
27.8%
11
Argentina
EUR 18931
35.0%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
EUR 22526
22.7%
1
Angola
EUR 21358
26.7%
2
Mozambique
EUR 21014
27.9%
3
Kenya
EUR 20870
28.4%
4
Ghana
EUR 20209
30.6%
5
Ivory Coast
EUR 20043
31.2%
6
Nigeria
EUR 19934
31.6%
7
Morocco
EUR 19777
32.1%
8
Uganda
EUR 19214
34.1%
9
Cameroon
EUR 18896
35.1%
10
Senegal
EUR 18555
36.3%
11
Zambia
EUR 18192
37.6%
12
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Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
EUR 27678
5.0%
1
Qatar
EUR 27678
5.0%
2
Bahrain
EUR 26804
8.0%
3
Oman
EUR 26804
8.0%
4
Saudi Arabia
EUR 26221
10.0%
5
Kuwait
EUR 25930
11.0%
6
Israel
EUR 24201
16.9%
7
Egypt
EUR 22111
24.1%
8
Lebanon
EUR 22029
24.4%
9
Turkey
EUR 17148
41.1%
10
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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.