If the income limit of the tax card is exceeded, the income is taxed at a higher additional percentage instead of the basic tax rate.
Tax Administration estimates that the income limit for 965,000 people’s tax cards may be too low for this year. The income limit of these persons will be exceeded during the rest of the year if they receive income at the same rate as in January–September, the Tax Administration said in its announcement on Monday.
If the income limit of the tax card is exceeded, the income is taxed at a higher additional percentage instead of the basic tax rate. You can change the income limit by making a new tax card.
If you make a new tax card now, the changed tax rate will be taken into account in November and December income.
The Tax Administration has sent some people a reminder message about checking the income limit. Messages have been sent both via the Suomi.fi service and via text messages. The text messages sent by the Tax Administration do not contain links and do not request information from customers.
#Taxes #million #people #danger #exceeding #income #limit #tax #card
