Income tax calculator Finland
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
€ 750
Local Income Tax
- € 150
Church tax
- € 12
Medicare Premium
- € 3.98
Pension insurance
- € 53.63
Unemployment insurance
- € 11.25
Total tax
- € 231
Net pay
*
€ 519
Marginal tax rate
30.8%
Average tax rate
30.8%
69.2%
Net pay
30.8%
Total tax
Total tax
Net pay
The Taxberg
€ 519
Net pay
€ 19.50
Tax the employer pays
€ 231
Tax you pay
Total tax paid
€ 250
Did you know your employer also pays tax on your salary? It costs the employer € 19.50 to pay you € 750. In other words, every time you spend € 10 of your hard-earned money, € 3.34 goes to the government.
Real tax rate
32.5%
So, with you and the employer both paying tax, what used to be a 30.8% tax rate now rises to 32.5%, meaning your real tax rate is actually 1.7% higher than what it seemed at first.
Summary
If you make € 750 a year living in Finland, you will be taxed € 231. That means that your net pay will be € 519 per year, or € 43.28 per month. Your average tax rate is 30.8% 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.
Compare average tax
North America
Country
Net pay
Average tax
Rank
Canada
EUR 730
2.6%
1
USA
EUR 685
8.7%
2
Latin America
Country
Net pay
Average tax
Rank
Mexico
EUR 732
2.4%
1
Brazil
EUR 694
7.5%
2
Puerto Rico
EUR 690
8.0%
3
Colombia
EUR 690
8.0%
4
Ecuador
EUR 679
9.5%
5
Guatemala
EUR 678
9.6%
6
Costa Rica
EUR 671
10.5%
7
Panama
EUR 668
11.0%
8
Peru
EUR 656
12.5%
9
Argentina
EUR 622
17.0%
10
Chile
EUR 618
17.6%
11
Uruguay
EUR 614
18.1%
12
Show more
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.