Total tax percentage

[Felice86]

Hi everybody,

I need an information, I have to work for six months in a factory in Finland by regular contract from 1.4.2013 to 30.9.2013.
How can calculate the earned net of my salary?

Thank you.

[interleukin]

have you tried the online calculator Vero has?
http://prosentti.vero.fi/VPL2013/Sivut/ ... ieli=en-US

[Felice86]

have you tried the online calculator Vero has?
http://prosentti.vero.fi/VPL2013/Sivut/ ... ieli=en-US

Thank you for your message.
Yes, I have done it, but I don't know if it right because its calculation is for Yearly Salary.
For me are only six months.

[Rip]

That is your annual income. Take care of your arrival and departure dates though, because over six months may make any other income you earned elsewhere during the year also taxable in Finland.

[Adrian42]

That is your annual income. Take care of your arrival and departure dates though, because over six months may make any other income you earned elsewhere during the year also taxable in Finland.

His income might also be taxable in his usual country of residence. The details depend on the double-taxation agreement between that country and Finland, if there is one,

[cors187]

I need an information, I have to work for six months in a factory in Finland by regular contract from 1.4.2013 to 30.9.2013.
How can calculate the earned net of my salary?

Thank you.

You have to many unmentioned variables to give a correct answer.
You could be on a tax-at source card for upto 6 months work.
You could work a normal taxcard for more than 4months but upto 6 months work.
You could be a posted worker(works in finland for a foreign company-classified as a foreign company employee).
1.4.2013 to 30.9.2013.=161 days.

Do you know?

[Rip]

That is your annual income. Take care of your arrival and departure dates though, because over six months may make any other income you earned elsewhere during the year also taxable in Finland.

His income might also be taxable in his usual country of residence. The details depend on the double-taxation agreement between that country and Finland, if there is one,

Only minimal Information was given by OP. I think chances are very slim that he could be taxed there so that the taxes paid here would not be deducted from the local tax bill. Also, I think chances are also rather small he'd come from a country with higher income tax rate than Finland.

[Felice86]

[/quote]

You have to many unmentioned variables to give a correct answer.
You could be on a tax-at source card for upto 6 months work.
You could work a normal taxcard for more than 4months but upto 6 months work.
You could be a posted worker(works in finland for a foreign company-classified as a foreign company employee).
1.4.2013 to 30.9.2013.=161 days.

Do you know?[/quote]

Thank you for your message.

But I don't know about it

[Rip]

1.4.2013 to 30.9.2013.=161 days.

Presumably you meant 181 days, but I think it is more likely 182 days (counting both the first and last day)

[Adrian42]

That is your annual income. Take care of your arrival and departure dates though, because over six months may make any other income you earned elsewhere during the year also taxable in Finland.

His income might also be taxable in his usual country of residence. The details depend on the double-taxation agreement between that country and Finland, if there is one,

Only minimal Information was given by OP. I think chances are very slim that he could be taxed there so that the taxes paid here would not be deducted from the local tax bill.

The OP did not give enough information for giving any answer at all.

Also, I think chances are also rather small he'd come from a country with higher income tax rate than Finland.

My home country Germany is one example for a country where employees have to pay much more on taxes and social security than in Finland.

[cors187]

1.4.2013 to 30.9.2013.=161 days.

Presumably you meant 181 days, but I think it is more likely 182 days (counting both the first and last day)

I may have
Its a non tax resident contract still i suppose.
Obviously the OP is testing the water with this thread.

OP ,If you get factory work(in factory) i suspect you are not a posted worker.

The max you can be taxed is gross monthly salary - 500(non taxable salary) = Taxable salary35%
example
2000(GMS) - 500(NTS) =1500(TS35%)
1500(TS35%) / 35% = 525(TAX)
975+500= 1475(NET)

Thats the max tax that can be incured in finland for non tax resident.
The next formulas are taxed less.

[Felice86]

1.4.2013 to 30.9.2013.=161 days.

Presumably you meant 181 days, but I think it is more likely 182 days (counting both the first and last day)

I may have
Its a non tax resident contract still i suppose.
Obviously the OP is testing the water with this thread.

OP ,If you get factory work(in factory) i suspect you are not a posted worker.

The max you can be taxed is gross monthly salary - 500(non taxable salary) = Taxable salary35%
example
2000(GMS) - 500(NTS) =1500(TS35%)
1500(TS35%) / 35% = 525(TAX)
975+500= 1475(NET)

Thats the max tax that can be incured in finland for non tax resident.
The next formulas are taxed less.

Thank you for your help cors187

[cors187]

Also note that your Finnish employer pays the "employer contributions/insurances" for you, so if your getting 2000/m gross, then its costing your boss 2000/m + employer contributions.
In another scenario your tax at source card may have included that your employer also pays "employee contributions", which means your will have mandatory contributions taken out of your 2000/m and put towards "you inc". I mean those employee contributions are from and are for you. But thats another story.

Often the difference might be that your either eligible or not eligible to receive a Finnish Identity number
http://www.mol.fi/mol/en/02_working/05_ ... /index.jsp

Nonresidents working for an employer registered in Finland

Nonresident means people who have arrived in Finland for periods shorter than six months.

Of pay, received by a foreigner in Finland (earned income) a source tax of 35 percent is withheld. Not only cash pay but also in-kind/fringe benefits (such as meals, accommodation, telephone) are included in the gross pay. Noncash benefits are valuated according to the Decision of the National Board of Taxes.
People working in Finland should complete Form VEROH6201 to request for a source tax card. The employer or the payer of the remuneration can request for the document on behalf of the worker.
The employer withholds the tax. However, before withholding, the employer can deduct €17/day or €510/month off the pay. But if the worker does not have a source tax card, no pretax deduction can be made. ·
It is recommended that the worker requests for a Finnish personal identity number. The request is made at the Tax Office or at the Local Register Office.
If the worker does not identify himself to the employer by showing a source tax card, the employer should verify the worker's date of birth and home address. It is recommended that the employer ask the worker for the personal identity or tax identity number issued in the home country. The employer will need these details at the end of the year for the completion of the annual Employer Payroll Report.
Employer withholds the tax at source and renders account for it to the State of Finland.
Tax at source is final. The worker is not expected to file an income tax return in Finland.
If the worker's pay in Finland amounts to 75% or more of the worker's annual gross earned income, and the worker's home state is an EU/EEA member, the worker is entitled to request for progressive taxation instead of taxation at source. In this case, the worker should file an income tax return in Finland. A certificate issued by the home state showing the actual amount of gross earned income should accompany the request.

Ideally , go through the vero link farm for exact details, also save the vero phone number in your phone.
http://www.vero.fi/en-US/Individuals/Ar ... in_Finland

[Felice86]

Thank you Cors.