Question about Fringe benefit

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betelgeuse
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Joined: Thu Aug 29, 2013 1:24 am

Re: Question about Fringe benefit

Post by betelgeuse » Tue Nov 22, 2016 11:48 am

AinoAino wrote: I found a job in Finland as a web developer. When I went to discuss my salary, my future boss told me I would receive a little less gross salary / month, because the company would pay for my apartment. So we agreed on 3000€ gross salary / month and they would pay 1000€ for the apartment.

I now received the actual contract and it says that I will receive 2000€ and have a housing fringe benefit of 1000€ (apartment has 550€ tax value). When I asked what my net salary would be he calculated 1375€ (not bad I guess, but I don't understand a few things).

Here's the calculation I received:
2000€ + 500€ (tax value apartment) = 2500€. Taxes calculated on 2500€ = 625€ and this will be deducted from the gross salary (2000€) = 1375€

Does anyone know if this calculation is correct? I find it very confusing and I have a feeling I'm paying twice for the apartment.
Your net salary from taxation point of view is 2500-625=1875 euros. Since the taxation value is lower than the real rent, you are making about the average salary for a full time worker in Finland (3 247 euros). 1375 is your usable cash after rent.

http://www.tekniikkatalous.fi/talous_uu ... oa-6062451



Re: Question about Fringe benefit

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