The minimum withholding rate will be 25%. If the beneficiary
provides the unemployment fund with a revised tax card for benefits, tax is
withheld in accordance with the percentage indicated on the revised tax card,
without an increase.
The new decision on the
principles and amount of withholding tax was issued by the Tax Administration
on 27 November 2015. The decision will take effect on 1 January 2016.
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Withholding tax according to the new instructions from 1
January 2016
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Withholding tax before the revised instructions
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The beneficiary provides the unemployment fund with
a revised tax card for benefits.
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Tax is withheld according to
the revised tax card.
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Tax is withheld according to
the revised tax card.
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The beneficiary does not provide the unemployment fund with a
tax card.
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The fund uses the tax
information received from the Tax Administration at the beginning of the
year. The minimum rate of tax withheld is 25%.
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The fund uses the tax
information received from the Tax Administration at the beginning of the
year. The tax withholding rate will be raised by 2-4 percentage points for
the payment of earnings-related allowance. Furthermore, the tax withheld is
at least 20%. For the payment of job alternation compensation, the
withholding tax rate is reduced by 3 percentage points.
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The beneficiary provides the unemployment fund with a revised
tax card for employment income.
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Tax is withheld according to
the revised tax card, however, at a minimum rate of 25%.
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The tax withholding rate
specified on the revised tax card is raised by 2-4 percentage points for the
payment of earnings-related allowance. Furthermore, the tax withheld is at
least 20%. For the payment of job alternation compensation, the withholding
tax rate is reduced by 3 percentage points.
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