✓ Tax card for 2024
Tax cards will be in MyTax e-service as of December 13, 2023. It will be delivered by post in December-January, as in previous years. The tax card can be appealed once it has been received. When you enable Suomi.fi messages, you will receive information when your tax card is in MyTax.
✓ Meal benefit amount in 2024
Employer-provided meals are valued at € 8.50 per meal if the employer's direct costs including VAT for providing this benefit are at least € 8.50 but not more than €13.50.
✓ In-Kind Benefits (Fringe Benefits) in 2024
The value of an employer-provided mobile (cellular) phone is €20.00 per month. This value covers expenses arising from telephone calls, arising from SMS or text messages, arising from multimedia messages, and arising from data connections used for purposes other than work-related transmission of data.
You can check all the tax values in the Tax Administration's decision through this link.
✓ Social insurance contributions in 2024
The employer's health insurance contribution will be 1.16% (1.53% in 2023). Employers must pay health insurance contributions for 16- to 67-year-old employees covered by the Finnish social insurance system per the Health Insurance Act.
The employee’s pension contribution remains unchanged in 2024, and it is 7.15% of wages
for employees under 53 and over 62 years of age and 8.65% of wages for employees aged
53-62. The employer's average earnings-related pension contribution in 2024 is 24.81% of
wages (in 2023, 24.84%).
The unemployment insurance contribution for an employee is 0,79 % (1.5 % in 2023). The employer's share of unemployment insurance contributions will be 0.27 % (0,52 % in 2023) if the salary doesn’t exceed EUR 2,337,500 (previously EUR 2,251,500).
Furthermore, the unemployment insurance contribution is 1,09% (2.06% in 2023). More information about social security contributions is available at www.vero.fi through this link.
✓ Tax-free reimbursement of travel expenses in 2024
• Kilometer compensation by car 0,57 €/km (0,53 €/km in 2023)
• Partial per diem 24,00 € (22,00 € in 2023) - trip length between 6 and 10 hours.
• Per diem 51,00 € (48,00 € in 2023) - trip length more than 10 hours.
• Meal allowance 12,75 € (12,00 € in 2023)
✓ Teleworking abroad
Usually, an employee who works remotely in another country is insured like a job in the country of employment.
The employee's social security determines in which country the statutory social insurance contributions are paid, so the conditions for belonging to Finnish social security are the same for a teleworker as for a posted worker when the telework is done in another EU country.
A person doing remote work abroad is not automatically covered by Finnish social security.
It is possible to apply for an A1 certificate from Finland (Finnish Centre for Pensions - Eläketurvakeskus) for someone working remotely in an EU Member State.
If you need more information, please feel free to contact us at Ecovis Finland.