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FI Tax 2021

Finland Tax Tables 2021 - Tax Rates and Thresholds in Finland

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This page contains the tax table information used for the calculation of tax and payroll deductions in Finland in 2021. These tax tables are used for the tax and payroll calculators published on iCalculator™ FI, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Finland or would like to add to or suggest amendments to the information herein then please contact us.

Finland Personal Income Tax Tables in 2021

The Income tax rates and personal allowances in Finland are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Finland Tax Calculator 2021.

Finland Residents Income Tax Tables in 2021
Personal Income Tax Rates and Thresholds (Annual)
Tax RateTaxable Income Threshold
0%Income from € 0.000.00to € 18,600.00
6%Income from € 18,600.01 to € 27,900.00
17.25%Income from € 27,900.01 to € 45,900.00
21.25%Income from € 45,900.01 to € 80,500.00
31.25%Income from € 80,500.01 and above
Finland Non-residents Income Tax Tables in 2021
Personal Income Tax Rates and Thresholds (Annual)
Tax RateTaxable Income Threshold
35%Flat rate on all taxable income

Finland Social Security Rates in 2021

The Finnish social security system is designed to provide comprehensive coverage for employees and employers. Contributions are divided into several categories, each serving a specific purpose in the welfare state.

Employee Contributions:

  • Pension Insurance: Contributions to the national pension scheme ensure retirement benefits for employees.
  • Unemployment Insurance: These contributions provide support during periods of unemployment.
  • Health Insurance: A portion goes towards covering public healthcare services and sickness benefits.

Employer Contributions:

  • Social Security Contributions: Employers contribute to social security, covering various welfare benefits.
  • Accident and Group Life Insurance: Contributions provide coverage for work-related accidents and life insurance benefits.
  • Employment Pension: Employers fund a significant portion of the employment pension insurance premium.

Both employees and employers contribute to these schemes, ensuring that the social security net is well-funded and can provide the necessary support for individuals in times of need. The precise contribution rates vary and are determined by several factors, including salary levels, the type of employment, and the specific insurance policies in place.

These contributions are mandatory and are collected via payroll processing, ensuring that all eligible individuals are covered and that the system remains sustainable and effective.

Finland Social Security in 2021: Rates for Employers and Employees
Social security categoryEmployeeEmployerTotal
Church Tax2.2%0%2.2%
Pension Insurance7.15%17.39%24.54%
Unemployment Insurance1.5%2.06%3.56%
Health Insurance1.53%1.53%3.06%
Accident and Group Life Insurance0%1%1%
Finland Social Security in 2021: Earnings Thresholds for Employers and Employees
Social security categoryEmployeeEmployer
Min.Max.Min.Max.
Church Taxn/an/an/an/a
Pension Insurancen/an/an/an/a
Unemployment Insurancen/an/an/an/a
Health Insurancen/an/an/an/a
Accident and Group Life Insurancen/an/an/an/a

Public Broadcasting Tax Rates and thresholds in 2021

2021 Finland Residents Additional Tax Rates and Thresholds (Annual)
€ 14,000.00Finland Public Broadcasting Tax Exemption in 2021
€ 163.00Finland Maximum Public Broadcasting Tax in 2021
2.5%Finland Public Broadcasting Tax Rate in 2021

Municipal Tax Rates and Thresholds in 2021

We would like to inform you that for the year 2021, a uniform income tax rate is applied for municipal tax calculations in Finland in 2021. Should you need us to incorporate particular rates for different municipalities, please reach out to us with the necessary rate information and the specific locations you are referring to.

2021 Finland Municipal Tax Rates and Thresholds (Annual)
23.5%Finland Municipal Tax Rate in 2021

Finland VAT Rates in 2021

VAT rates for Finland are reviewed annually, you can use the VAT Calculator to calculate VAT due in Finland or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.

Finland VAT Rates
VAT RateVAT Description
0%Zero Rated
10%Reduced Rate
14%Reduced Rate
20%Standard Rate

Historic Tax Tables supported for Finland

The following tax tables are supported by iCalculator™ FI as part of the suite of free tax tools we provide for Finland.