veronpidätyksiä
Veronpidätyksiä, often translated as withholding tax or tax deduction, refers to the practice in many tax systems where an employer is obligated to deduct a portion of an employee's wages or salary before paying the remainder to the employee. This deducted amount is then remitted directly to the relevant tax authority, typically the government, as an advance payment of the employee's income tax liability for that tax period.
The primary purpose of veronpidätyksiä is to ensure a steady flow of tax revenue to the government
Employees typically receive a statement, such as a payslip or a year-end tax certificate, detailing the amounts