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Veroilmoitus ja verotuspäätös
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Tax return and tax decision

You will receive a pre-completed tax return (veroilmoitus) by post in March or April. The tax return contains information on the income, taxes and deductions of the previous year. Check the information in the tax return. The final taxation is made on the basis of the information in the tax return.

If all the information is correct and nothing is missing, you do not need to do anything.

If the information is not correct or something is missing, complete and correct the tax return in the online service of the Tax Administration. You can use the online service, if you have Finnish online banking credentials. If you report information online, do not return the paper version of the tax return or any of the attachments.

If you do not use the online service, correct and complete the pre-completed paper version of the tax return. Return the tax return and attachments to the Tax Administration in a return envelope by post.

Remember to check the tax return and make any necessary changes by the last return date. The return date is marked on the front page of the tax return.

Tax decision

Tax decision (verotuspäätös) is a calculation of the final amount of taxes. Taxes have been withheld from your salary or other income on the basis of your tax card during the year. This is called withholding tax (ennakonpidätys). The amount of withholding tax is based on your estimate of your income. The amount of tax is checked afterwards on the basis of your actual income and deductions during the year in question.

You will receive a tax decision together with a pre-completed tax return. If you do not make any changes to the tax return, the tax decision will remain in effect. If you make changes to the tax return, you will receive a new tax decision between August and October. Remember also to check the new tax decision.

Retain the tax decision and the specification section which you will receive in the spring with your tax return. If you order a new specification section, it will be subject to a fee.

linkkiFinnish Tax Administration:
Tax return and tax decisionFinnish | Swedish | English

Deductions

Deductions (vähennys) in your taxation will reduce the amount of tax you must pay. The Tax Administration makes some of the deductions automatically but some of them you must claim yourself.

Deductions may include the following, for example:

  • tax credit for domestic help or household expenses
  • deduction for commuting expenses, i.e. daily travel from home to work
  • child tax credit
  • interest on a mortgage

You are eligible for the child tax credit if you are the guardian of a child. The amount of the tax credit depends on the number of children and whether you are the only guardian of a child or a joint guardian. The amount of income also affects the amount of tax credit. If your child is registered in the Finnish Population Information System, the Tax Administration will receive the information automatically and grant you the child tax credit. If your child does not live in Finland, you must report information on your child to the Tax Administration yourself in order to claim the tax credit.

You can deduct the interest on your mortgage when you have taken the mortgage for your permanent home. You can also deduct the interest on your mortgage if your permanent home is located abroad. If you have a mortgage from a Finnish bank, the Tax Administration will receive information on the mortgage directly from the bank. If you have a mortgage from a foreign bank, you must report the information on the mortgage to the Tax Administration yourself.

You can report any deductions when you order a new tax card. In that case, the deductions will be taken into account in your tax percentage. You can also claim deductions afterwards using a tax return. In that case, you will receive the deductions in arrears as tax refunds.

linkkiFinnish Tax Administration:
Deductions in taxationFinnish | Swedish | English

Tax refund and back tax

The tax decision indicates whether the correct amount of taxes has been withheld from your salary during the year in question. If you have paid too much tax, you will receive a tax refund (veronpalautus). If you have paid too little tax, you will have to pay back tax (jäännösvero).

A tax refund will be paid directly to your bank account in December following the tax year in question. Report your bank account number to the Tax Administration either in the online service or using a paper form. You can receive the tax refund to a Finnish or a foreign bank account.

If you have to pay back tax, you will receive a bank transfer form along with the tax decision. The bank transfer form contains the amount of back tax, a bank account number, a due date and a reference number. You also have to pay interest on the back tax after a certain period.

linkkiFinnish Tax Administration:
Tax refundsFinnish | Swedish | English

linkkiFinnish Tax Administration:
Report your account numberFinnish | Swedish

linkkiFinnish Tax Administration:
Back taxFinnish | Swedish | English