Income tax calculator Finland
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
€ 15,080
Local Income Tax
- € 3,011
Church tax
- € 241
Public broadcasting tax
- € 163
Daily allowance contribution
- € 15.10
Medicare Premium
- € 79.92
Pension insurance
- € 1,078
Unemployment insurance
- € 226
Total tax
- € 4,815
Net pay
*
€ 10,265
Marginal tax rate
49.6%
Average tax rate
31.9%
68.1%
Net pay
31.9%
Total tax
Total tax
Net pay
The Taxberg
€ 10,265
Net pay
€ 392
Tax the employer pays
€ 4,815
Tax you pay
Total tax paid
€ 5,207
Did you know your employer also pays tax on your salary? It costs the employer € 392 to pay you € 15,080. In other words, every time you spend € 10 of your hard-earned money, € 3.45 goes to the government.
Real tax rate
33.7%
So, with you and the employer both paying tax, what used to be a 31.9% tax rate now rises to 33.7%, meaning your real tax rate is actually 1.8% higher than what it seemed at first.
Summary
If you make € 15,080 a year living in Finland, you will be taxed € 4,815. That means that your net pay will be € 10,265 per year, or € 855 per month. Your average tax rate is 31.9% and your marginal tax rate is 49.6%. 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 € 49.63, hence, your net pay will only increase by € 50.37.
Bonus Example
A € 1,000 bonus will generate an extra € 504 of net incomes. A € 5,000 bonus will generate an extra € 2,519 of net incomes.
North America
Country
Net pay
Average tax
Rank
USA
EUR 13205
12.4%
1
Canada
EUR 11321
24.9%
2
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.