In regard to income from a salary, an employer is obligated to deduct the amount of tax demanded each month.
A self-employed person is obliged to make advance payments of income tax that will be offset on submitting an annual return.
The advance payments are determined according to the return for the previous year. In the event of a new business, the advances will be calculated according to the estimate of the owner of the business.
Certain payments are deductible from taxable income as detailed below.
Finland Individual income tax rates (national tax) 2014: