Nett versus brutto salary
Nett versus brutto salary
I would appreciate if someone could estimate what would be nett monthly payment after all taxes if monthly salary is 7000EU for single person.
What would be tax % in Tampere ?
I do have an opportunity to work for Company in Finland but could choose other country for living since 50% of time will spend traveling around the World.
Regards,
What would be tax % in Tampere ?
I do have an opportunity to work for Company in Finland but could choose other country for living since 50% of time will spend traveling around the World.
Regards,
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Re: Nett versus brutto salary
https://prosentti.vero.fi/VPL2017/Sivut ... ieli=en-USzoran wrote:I would appreciate if someone could estimate what would be nett monthly payment after all taxes if monthly salary is 7000EU for single person.
What would be tax % in Tampere ?
Re: Nett versus brutto salary
Thank you for info.
It looks like taxes in Finland are 47% to 52% and that is very high but worthy I hope.
It looks like taxes in Finland are 47% to 52% and that is very high but worthy I hope.
Re: Nett versus brutto salary
Per calculation it looks like net monthly salary should be around 3500EU from 7000EU and that is inappropriate
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Re: Nett versus brutto salary
For a single person, no kids, no church tax, no deductions, living in Tampere, the calculator gives 32% tax percentage, for the 7000€/month, i.e. 84000€/year gross, resulting in a tad under 4800€/month net salary.zoran wrote:Thank you for info.
It looks like taxes in Finland are 47% to 52% and that is very high but worthy I hope.
Re: Nett versus brutto salary
Jesus Christ! None of you people is able to use a simple calculator to get the correct number?!
Using the defaults (single, no kids, no church, no deductions, etc.), basic tax rate is 32%. Add to it pension & unemployment contributions (7.75%) and you get 39.75% in total.
This means net salary is 4217.5 euros.
Using the defaults (single, no kids, no church, no deductions, etc.), basic tax rate is 32%. Add to it pension & unemployment contributions (7.75%) and you get 39.75% in total.
This means net salary is 4217.5 euros.
Every case is unique. You can't measure the result of your application based on arbitrary anecdotes online.
Re: Nett versus brutto salary
Per calculator it seems to be right 4200EU/month, but that is 39.7% total tax and all websites are showing that total tax in Finland are between 45 and 52%. That is the reason I asked someone. Is that calculator align with real scenario. anyone who is working in Finland compared actual and compared. I have to do detailed research in order to negotiate my salary.
The 39% tax is actual tax in USA and it is known that Scandinavian taxes are much higher
The 39% tax is actual tax in USA and it is known that Scandinavian taxes are much higher
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Re: Nett versus brutto salary
Don't believe American propaganda. Income taxes are not necessarily any higher. We do have higher consumption taxes (VAT, alcohol etc).zoran wrote:The 39% tax is actual tax in USA and it is known that Scandinavian taxes are much higher
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Re: Nett versus brutto salary
When comparing to US, remember the following:zoran wrote:I have to do detailed research in order to negotiate my salary.
- Finnish net salary is post 401(k) type contributions (before gross the employer has already put a significant chunk to a pension fund)
- Finnish net salary is post healthcare costs (if using the public sector or employer topped healthcare)
- Finnish net salary is post any education costs for kids
Re: Nett versus brutto salary
Another thing is that you say you are travelling 50 %, this means a lot of netto compensation for your traveldays.
Re: Nett versus brutto salary
Interesting observation regarding Neto compensation when traveling. The company I am looking to work for did not mention that.
could you explain?
the tax calculator did not include any options for travelling. To whom I need to report travelling
could you explain?
the tax calculator did not include any options for travelling. To whom I need to report travelling
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Re: Nett versus brutto salary
Check with your employer (employment contract) what kind of terms it has regarding work-related traveling. Daily allowances and travel compensation are tax-free, if you'll be getting those.zoran wrote:Interesting observation regarding Neto compensation when traveling. The company I am looking to work for did not mention that.
could you explain?
the tax calculator did not include any options for travelling. To whom I need to report travelling
Re: Nett versus brutto salary
Thank you for suggestions.
I believe I would move to Tampere area sometimes in April but have to find some apartment for long term rent or house. I am not sure how difficult it would be.
I believe I would move to Tampere area sometimes in April but have to find some apartment for long term rent or house. I am not sure how difficult it would be.
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Re: Nett versus brutto salary
Houses for rent can be difficult to come by, but there are loads of apartments available, and long term renting - i.e. steady income - is what the owners usually prefer, albeit it's not in the tenant's interest to have a minimum term of X year in the contract, because who knows what will happen in the future.zoran wrote:... have to find some apartment for long term rent or house. I am not sure how difficult it would be.