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Finnish President Signs Laws for 2022 Budget Measures

|Approved Changes|Finland
Finland

On 16 December 2021, the Finnish President reportedly signed the laws for the implementation of various 2022 budget measures. Measures include:

  • Revised state individual income tax brackets as follows:
    • up to EUR 19,200 - 0%
    • over EUR 19,200 up to 28,700 - 6%
    • over EUR 28,700 up to 47,300 - 17.25%
    • over EUR 47,300 up to 82,900 - 21.25%
    • over EUR 82,900 - 31.25%
  • Other individual income tax changes, including an increase in the earned income credit for state tax, an increase in the basic allowance…

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