The employees pension act contribution in Tax Card
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The employees pension act contribution in Tax Card
I see this 'The employees pension act contribution' in my salary slip. So now I am in the process of ordering a new Tax card for 2022. I have a question can I get some tax benefit for this amount paid for employees pension. If yes, then where should I apply it in vero? Any leads or help would be greatly appreciated.
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Re: The employees pension act contribution in Tax Card
Employees pension contribution and unemployment insurance contribution are 8,65% that are automatically added to your tax rate, there is no tax benefit for something that is basically part of of the taxes.helloespoo wrote: ↑Thu Jan 13, 2022 8:15 pmI see this 'The employees pension act contribution' in my salary slip. So now I am in the process of ordering a new Tax card for 2022. I have a question can I get some tax benefit for this amount paid for employees pension.
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Re: The employees pension act contribution in Tax Card
Thanks a lot for your reply FInlandGirl. Just a followup question. I could see two options here in the omavero site - 'Pension insurance contributions' and 'Contributions for collective pension insurance'. What can be filled here?FinlandGirl wrote: ↑Thu Jan 13, 2022 10:49 pmEmployees pension contribution and unemployment insurance contribution are 8,65% that are automatically added to your tax rate, there is no tax benefit for something that is basically part of of the taxes.helloespoo wrote: ↑Thu Jan 13, 2022 8:15 pmI see this 'The employees pension act contribution' in my salary slip. So now I am in the process of ordering a new Tax card for 2022. I have a question can I get some tax benefit for this amount paid for employees pension.
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Re: The employees pension act contribution in Tax Card
See viewtopic.php?t=89918helloespoo wrote: ↑Fri Jan 14, 2022 8:34 amThanks a lot for your reply FInlandGirl. Just a followup question. I could see two options here in the omavero site - 'Pension insurance contributions' and 'Contributions for collective pension insurance'. What can be filled here?FinlandGirl wrote: ↑Thu Jan 13, 2022 10:49 pmEmployees pension contribution and unemployment insurance contribution are 8,65% that are automatically added to your tax rate, there is no tax benefit for something that is basically part of of the taxes.helloespoo wrote: ↑Thu Jan 13, 2022 8:15 pmI see this 'The employees pension act contribution' in my salary slip. So now I am in the process of ordering a new Tax card for 2022. I have a question can I get some tax benefit for this amount paid for employees pension.
In general, for most of the employed taxpayers, it's enough to enter your estimated annual salary and whatever additional deductions you know you'll be making (e.g. commuting expenses, if exceeding 750€), everything else will be automatically calculated. If you don't understand some terminology, there's plenty of information available on vero.fi .
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Re: The employees pension act contribution in Tax Card
helloespoo wrote: ↑Fri Jan 14, 2022 8:34 amThanks a lot for your reply FInlandGirl. Just a followup question. I could see two options here in the omavero site - 'Pension insurance contributions'FinlandGirl wrote: ↑Thu Jan 13, 2022 10:49 pmEmployees pension contribution and unemployment insurance contribution are 8,65% that are automatically added to your tax rate, there is no tax benefit for something that is basically part of of the taxes.helloespoo wrote: ↑Thu Jan 13, 2022 8:15 pmI see this 'The employees pension act contribution' in my salary slip. So now I am in the process of ordering a new Tax card for 2022. I have a question can I get some tax benefit for this amount paid for employees pension.
Have you made a contract for additional voluntary pension with a private pension provider?omavero wrote: Contributions for voluntary pension insurance or long-term savings contract
Do you pay voluntary pension insurance contributions or long-term savings contract contributions?
helloespoo wrote: ↑Fri Jan 14, 2022 8:34 amand 'Contributions for collective pension insurance'. What can be filled here?
Have you made an agreement for additional voluntary pension through your employer?omavero wrote: Contributions for collective pension insurance
Have you paid contributions for collective pension insurance? Collective pension insurance is a pension insurance taken by the employer, where the employee can pay a portion of the insurance contributions.
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Re: The employees pension act contribution in Tax Card
Thanks for your reply. Really appreciate it. The linked thread helped a lot.FinnGuyHelsinki wrote: ↑Fri Jan 14, 2022 9:01 amSee viewtopic.php?t=89918helloespoo wrote: ↑Fri Jan 14, 2022 8:34 amThanks a lot for your reply FInlandGirl. Just a followup question. I could see two options here in the omavero site - 'Pension insurance contributions' and 'Contributions for collective pension insurance'. What can be filled here?FinlandGirl wrote: ↑Thu Jan 13, 2022 10:49 pm
Employees pension contribution and unemployment insurance contribution are 8,65% that are automatically added to your tax rate, there is no tax benefit for something that is basically part of of the taxes.
In general, for most of the employed taxpayers, it's enough to enter your estimated annual salary and whatever additional deductions you know you'll be making (e.g. commuting expenses, if exceeding 750€), everything else will be automatically calculated. If you don't understand some terminology, there's plenty of information available on vero.fi .
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Re: The employees pension act contribution in Tax Card
Have you made a contract for additional voluntary pension with a private pension provider? - NOFinlandGirl wrote: ↑Fri Jan 14, 2022 11:58 amhelloespoo wrote: ↑Fri Jan 14, 2022 8:34 amThanks a lot for your reply FInlandGirl. Just a followup question. I could see two options here in the omavero site - 'Pension insurance contributions'FinlandGirl wrote: ↑Thu Jan 13, 2022 10:49 pm
Employees pension contribution and unemployment insurance contribution are 8,65% that are automatically added to your tax rate, there is no tax benefit for something that is basically part of of the taxes.Have you made a contract for additional voluntary pension with a private pension provider?omavero wrote: Contributions for voluntary pension insurance or long-term savings contract
Do you pay voluntary pension insurance contributions or long-term savings contract contributions?
helloespoo wrote: ↑Fri Jan 14, 2022 8:34 amand 'Contributions for collective pension insurance'. What can be filled here?Have you made an agreement for additional voluntary pension through your employer?omavero wrote: Contributions for collective pension insurance
Have you paid contributions for collective pension insurance? Collective pension insurance is a pension insurance taken by the employer, where the employee can pay a portion of the insurance contributions.
Have you made an agreement for additional voluntary pension through your employer? - Additional NO. It's what is by default.