The Finnish tax administration has published the individual income tax brackets for 2020. The brackets and rates are as follows:
- up to EUR 18,100 - 0%
- over EUR 18,100 up to 27,200 - 6.00%
- over EUR 27,200 up to 44,800 - 17.25%
- over EUR 44,800 up to 78,500 - 21.25%
- over EUR 78,500 - 31.25%
Overall, the bracket thresholds are increased for 2020, while the rates are unchanged. Municipal taxes also apply in addition to the above rates, which generally range …