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Tax calculator for entrepreneurs
- Finland Forum Ad-O-Matic
Yes.Honest wrote:Is there any calculator for the people who pay YEL?
Explanation for the field "Earned income subject to advance tax"Honest wrote:Or how can we use the normal laskuri on vero website for people who pay only income tax and no other payments?
Earned income subject to advance prepayments of tax (e.g. small business: the earned-income portion of business income)
Enter your earned income subject to advance tax and earned income not subject to withholding tax.
Earned income share of business profits, service charges, a private child caregiver’s income, income received from a foreign employer when work is done in Finland etc. are deemed as earned income subject to advance tax. Enter e.g. compensations for work and use received by an author or an artiste.
Write the earned-income portion in this field and the capital-income portion in ”Other capital income (e.g. rental income)” to work out the tax estimate for your business income. Based on the earned income, the calculator computes a deduction for entrepreneurs in 2017, even if a deduction is only applicable on income from business, agriculture and reindeer farming. If you receive other earned income subject to tax prepayment, the result will not be completely accurate.