HELP NEEDED FOR TAX QUESTIONS

degree9angel · Post by **degree9angel** » Thu Jan 18, 2007 11:33 pm

Hello,

My boyfriend will be transferred by his company from US to Finland for a 5-yr assignment.

I would like to know for a total annual income (salary + gringe benefits) @ 70 K EUR, how much income tax + social charges has he to pay? A gross estimation in % would be fine ...

I appreciate a lot for your kind help.

Angie

**Sponsor:**

Hank W. · Post by **Hank W.** » Thu Jan 18, 2007 11:51 pm

Well, http://www.vero.fi has the calculator so 'living in Helsinki no children' gives the income tax as 34,5% - on top of that theres pension and unemployment, they're something like 2,5% was it now... Cory's in the ballpark.

If you count about 40% in taxes, that'll give a realistic figure.

degree9angel · Post by **degree9angel** » Fri Jan 19, 2007 10:35 am

Thanks, friends.

I tried with the tax % calculator on http://www.vero.fi as you suggested and obtained 35.5% as basic %. Meanwhile, there is another line "additional %" at 52.5% ... Anyone knows what is it?

Besides, how is the health insurance managed in your country? It is deducted from salary or it is up to employees to find their own insurance?

Angie

Hank W. · Post by **Hank W.** » Fri Jan 19, 2007 11:40 am

"Additional" is say if you have a second job.

We got a "free" public healthcare system like Canada. Health care is "included" in those taxes, though its taken care of by the employer on private clinics usually for people working. Or then of course one can go to the public health centre. I mean you pay some fees, a hundred at the most. Now for people not working then that gets a bit hazy when you get covered, so when and if you move over it would be good to have some insurance. You cannot buy one here.

Oh, and dentists you can get public, but they're so overworked anyone with any money goes private. Eye glasses and such one is on their own.

Karibu · Post by **Karibu** » Fri Jan 19, 2007 12:16 pm

You can always ask your employer if you need new eyeglasses, etc. My company paid my eyeglasses, for I need them while working (they were my first eyeglasses, actually). I couldn't work in front of computer enymore without glasses.

degree9angel · Post by **degree9angel** » Sat Jan 20, 2007 1:19 pm

Thanks a lot, guys.

Angie

sinikala · Post by **sinikala** » Sat Jan 20, 2007 4:56 pm

Hank W. wrote:"Additional" is say if you have a second job.

or on any earnings you get above the declared €70,000.

E.g. if he gets paid some sizeable bonus, he will pay the upper tax rate on that bonus.

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