best time to move

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bevanrl
Posts: 102
Joined: Tue Jan 06, 2004 8:37 pm

Post by bevanrl » Wed Jun 07, 2006 3:01 pm

there is a big difference in the amount of tax you will pay since the finnish tax system is based on calendar years but the thresholds and exemptions are NOT pro-rated based on the month you arrive.

So if you move to finland in june your income from june-december is taxed as if that was your entire income for that year. if you move here in december then that one months salary counts as all the years salary - so you'll pay almost no tax on it. Move to finland in January and you'll pay normal tax from day one.

I moved from uk - there the tax year starts in april so it gets quite complicated as to when to move is the best from tax point of view for both the old and new countries.



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pandajaa
Posts: 48
Joined: Wed Nov 16, 2005 7:56 pm

Post by pandajaa » Wed Jun 07, 2006 5:09 pm

I think December is the best to move here ;)
come here before christmas!!! You will be happy with smiling moment of Finnish people ;)

Zeroth

Post by Zeroth » Wed Jul 05, 2006 9:36 am

I definitely agree with moving in around Oct/Nov, because if go at the most difficult time for most people to handle (dark/cold), and able to survive till next year, then Finland should be a great place for you!


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