Taxation (Vero)

Taxation in Finland — Vero (Finnish Tax Administration)

All residents living and/or working in Finland are subject to taxation by the Finnish Tax Administration (Vero). Understanding your obligations is essential for legal compliance, accessing benefits, and maintaining proper residency status. (vero.fi)

1. Who Needs to Pay Taxes in Finland

✔ Residents of Finland – if you live in Finland for more than 6 months or maintain a permanent home

✔ Non-residents earning income in Finland – e.g., employees, contractors, rental income

✔ Students working in Finland – part-time or full-time

✔ Self-employed individuals and entrepreneurs

Your residence status and the source of your income determine your tax obligations.

2. Personal Identity Code (Henkilötunnus) & Taxation

Your personal identity code from DVV is used in all tax matters. Without it, you cannot:

✔ Register for Finnish taxes

✔ File tax returns

✔ Access online services such as MyTax (OmaVero)

3. Registering for Taxes

Step 1: Register with Vero

• For employees, your employer usually registers you with Vero.

• If self-employed or independent, you must register yourself.

➡️ Vero registration link: https://www.vero.fi/en/individuals/tax-card-and-tax-rate/tax-card-and-tax-rate/ (vero.fi)

Step 2: Obtain a Tax Card

• Employees in Finland must have a tax card (verokortti).

• Employers use your tax card to withhold the correct amount of tax.

✔ You can get it online through OmaVero or request a paper version.

✔ Must be updated if your income changes. (vero.fi)

4. Tax Identification for Non-Residents

✔ Non-residents earning in Finland may need a temporary tax card.

✔ They are taxed only on income earned in Finland.

✔ Tax agreements between Finland and your home country may reduce double taxation. (vero.fi)

5. Income Tax

✔ Finland uses a progressive tax rate system – the more you earn, the higher the tax rate.

✔ Taxes include national income tax, municipal tax, church tax (if applicable), and social security contributions.

✔ Tax withheld by employer is an advance payment, final reconciliation is done after annual tax return. (vero.fi)

6. Filing Tax Returns

• Most residents file an annual income tax return.

• Self-employed individuals submit returns and accounts for business income.

• Filing deadlines are announced yearly; usually by April 30th for individuals.

➡️ File online: https://www.vero.fi/en/e-services/oma-vero/ (vero.fi)

Tips:

✔ Keep payslips, receipts, and documents for deductions.

✔ Use the pre-filled forms from Vero if available — check and correct before submitting.

7. Other Taxes and Information

✔ Value Added Tax (VAT / ALV) for businesses

✔ Capital gains tax for property or investments

✔ Inheritance and gift taxes

✔ Real estate tax

✔ Check Vero guidance for special cases such as freelancers, startups, and students (vero.fi)

8. Contacting Vero

Tip: Phone and in-person contact are available in Finland — check the official site for current service hours.

9. Tips for Taxpayers in Finland

✔ Apply for your tax card immediately when starting work

✔ Update your tax card if your income changes

✔ Keep receipts for deductible expenses

✔ Check eligibility for student or other tax deductions

✔ File your tax return on time to avoid penalties

✔ Use official Vero services — avoid third-party tax services unless verified

⚠️ Important Reminder

Tax rules, rates, and filing procedures change regularly. Always verify information on the official Vero website before submitting any documents or relying on tax advice. Translation may slightly alter meaning, so consult the official English content. If you see outdated information on our page, please report it to us so we can update it promptly.