Vialto Partners Finland’s Post

❗Friendly Reminder for Finnish Taxpayers! As the Finnish tax season approaches, it's crucial to ensure that you are aware what income needs to be reported on your Finnish tax return, and how to do this. The Finnish tax administration will populate the pre-completed tax returns during March-April 2024 based on the information they have available to them. The pre-completed tax return will also confirm the individual's filing deadline, either 7.5.2024, 14.5.2024, or 21.5.2024. Here are a few quick tips from Vialto Partners Finland's to ensure a smooth filing process for anyone with Finnish income to declare: ✔ Double-check all income sources: Take a thorough look at all your Finnish income streams, including employment, investments, rental income, and anything else. Accuracy is key! ✔ Don't forget personal foreign income: If you've earned income from abroad, make sure to include it on your tax return. Foreign sourced income will typically not be included on your pre-completed tax return. ✔ Check if foreign employment income has been correctly reported: If you have worked abroad a significant amount of the time and that income is taxable in another country, or if you have foreign sourced trailing income (such as equity awards or a bonus), additional action will likely be required to ensure everything is handled correctly on your Finnish tax return. By proactively managing your tax obligations and staying informed about the necessary reporting requirements, you can navigate the tax season with confidence and peace of mind! Please reach out to Vialto Partners Finland if you or your employees would need any assistance. 📝 💼 #vialtopartners

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