As part of the 2017 Budget, the Finnish government has proposed adjusting the individual income tax rates and brackets as follows:
- EUR16,900 up to 25,300 - 6.25%
- over EUR 25,300 up to 41,200 - 17.5%
- over EUR 41,200 up to 73,100 - 21.5%
- over EUR 73,100 - 31.55%
In addition, a proposal has been submitted that would decrease the pension contribution payable by employers, while increasing the contribution payable by employees. As proposed, the employer con…