henkilötulojen

Henkilötulot is a Finnish term that translates to "personal income" or "earned income." It refers to the total income received by an individual from various sources. This includes income from employment, such as salaries and wages, as well as income from self-employment, such as profits from a business. Additionally, personal income can encompass income from capital, such as dividends, interest, and rental income, and also include pensions and other social benefits.

In the context of Finnish taxation, henkilötulot is a fundamental concept used to determine an individual's tax liability. The Finnish tax system categorizes income into earned income (työtulo) and capital income (pääomatulo), and different tax rates apply to each category. The total personal income is used to calculate the amount of income tax and other social security contributions that an individual must pay to the state and municipality. It's a broad term that encompasses all forms of remuneration and financial gains an individual receives. Understanding one's henkilötulot is crucial for personal financial planning and for fulfilling tax obligations in Finland.