Important matters to take care of before the New Year!

The year 2023 tax card

Tax cards will be in MyTax e-service as of December 14, 2022. 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 as soon as your tax card is in MyTax.

Meal benefit amount 2023

Employer-provided meals are valued at € 8 per meal if the employer's direct costs, including VAT, for providing this benefit are at least € 8 but not more than €12.70.

In-Kind Benefits (Fringe Benefits) 2023

The tax value of the telephone benefit remains unchanged at EUR 20. You can check all the tax values of In-Kind benefits for 2023 in the Tax Administration's decision In-Kind. See link. 

Social insurance contributions 2023

The employer's health insurance premium will fall back to 1.53 per cent (2022 1.34 per cent). The health insurance premium is paid if the employee is between 16 and 67 years old.

In 2023, the employee's pension insurance premium will be 7.15% for those aged 17-52 and 63-67. People aged 53-62 will be charged an increased
employee pension insurance premium of 8.65%, so there will be no changes to these compared to 2022.

The employer's average earnings-related pension contribution in 2023 is 24.84% of wages (in 2022, 24.84%).

The average level of earnings-related pension contributions will increase by 0.45 percentage points; the need for the increase was agreed upon earlier when Covid-19 relief was granted on TyEL contributions.

The unemployment insurance premium for an employee is 1.50 per cent, which is the same as (1.5% in 2022). The employer's share of unemployment insurance contributions will be 0,52 % (0,50 % in 2022) if the salary does not exceed EUR 2,251,500 (previously EUR 2,200,000). Above this, the unemployment insurance premium is 2.06% (2.05% in 2022).

Unemployment insurance contributions are levied on 1.1. - on 31 July 2023, if the employee is between the ages of 16 and 67, but from 1 August 2023, the contribution is not levied until the employee is 18 years of age (from the beginning of the month following the birthday).

For more information about social security contribution, see link here. 


Tax-free reimbursement of travel expenses in 2023
 Kilometre compensation by car 0.53 € / km
 Partial per diem 22,00 €
 Per diem 48,00 €
 Meal allowance 12,00 €

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.

- When an employee has an A1 certificate issued by ETK, his or her employer's contribution is paid to Finland.

For more information on any of the above, contact us at office@ecovis.fi 

Wishing you the most successful New Year 2023!