työtulojen

Työtulojen is a Finnish term that translates to "earned income" or "earned income from employment" in English. It refers to the income a person receives from working for an employer. This typically includes wages, salaries, and any other remuneration paid to an employee for their labor. Työtulojen is a crucial concept in the Finnish tax system, as it is the primary basis for calculating income tax and social security contributions.

The definition of työtulojen is important for distinguishing it from other types of income, such as capital income (e.g., interest, dividends, rental income) or social benefits. Social security contributions, which include pension, unemployment, and health insurance premiums, are often calculated as a percentage of työtulojen. These contributions fund various social welfare programs in Finland.

Taxation of työtulojen is progressive, meaning that higher earned incomes are taxed at a higher rate. Deductions and allowances are available that can reduce the taxable amount of työtulojen. Understanding työtulojen is essential for individuals to accurately estimate their net income and tax liabilities in Finland. The Finnish Tax Administration (Verohallinto) provides detailed information on how työtulojen is defined and taxed.