Taxable incomes

With certain exceptions, all income received in money or monetary benefit is subject to tax. Some social assistance, pensions, daily allowances and compensations are not subject to tax. Such are child benefit, housing allowance and social assistance. The statistics do not either include interest income subject to withholding tax. Grants and scholarships received from general government are neither liable to tax.

Taxable income of a natural person and decedent's estate are divided into earned and capital income. The income tax act contains in principle an exhaustive list of capital income. Earned income is other than capital income. Tax is paid to the State only on capital income, while in addition to State income tax, municipal tax and sickness insurance contribution are determined on the basis of earned income.

Statistics using the definition

Validity of the definition

  • Valid until (31 December 2078)

Source organisation

  • Tilastokeskus

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