Hi,
I moved to Finland in August 2018 and got a part-time job which started from the 1st of November. I created my tax card a few days back, I am a little confused as to what is the additional withholding rate on my card? Is it the percentage that will be deducted from my salary?
These are the details:
Tax rate: 0,0 %
Additional withholding rate: 28,5 %
Income ceiling: 5 000,00 €
Thank you and looking forward to a reply.
Tax rate vs Additional withholding rate?
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Re: Tax rate vs Additional withholding rate?
It is the tax percantage for earnings exceeding the amount (income ceiling) used for the base tax rate.
Re: Tax rate vs Additional withholding rate?
great! thank you for the details