Tax allowance for individuals - Deduction in personal income tax for expenses related to the maintenance of professional or vocational skills
- Name of the instrument - Local language
- Vähennyskelpoiset kulut ammatilliset osaamisen ylläpidosta
- Name of the instrument - English translation
- Tax allowance for individuals - Deduction in personal income tax for expenses related to the maintenance of professional or vocational skills
- Country
- Finland
- Type of instrument
- Tax incentive for individuals
- Type of entry
- Single instrument
- Short description
Expenses related to education and training activities for maintenance of professional or vocational skills, such as course fees and study materials, are deductible in the personal income tax. Training provided by the employer is usually regarded as tax-free for the employee.
- Short description of the related instruments
nap
- Level of operation
- National
- Name of a part of the country
- nap
- Name of the region (for regional instruments)
- nap
- Name of the sector (for sectoral instruments)
- nap
- Relevance
- Key scheme
- Legal basis
Laki Verohallinnosta ('Tax Administration Act')
- Objective(s) and target(s)
To make it easier for individuals to maintain and acquire professional or vocational skills
- Year of implementation
- 2010
- Operation/Management
Tax authorities
- Eligible group(s)
Individuals
- Group(s) with preferential treatment
None
- Education and training eligible
Training with the purpose of maintaining or acquiring professional or vocational skills.
- Source of financing and collection mechanism
State (loss of tax revenue)
individual- Financing formula and allocation mechanisms
Reduction of tax base
- Eligible costs
Course fees, course material etc. are eligible costs. Living expenses and travel costs are not deductible.
- Volumes of funding
na
- Beneficiaries/take up
na
- Organisation responsible for monitoring/evaluation
Tax authorities.
- Monitoring/evaluation reports available
na
- Most relevant webpage - in English
na
- Most relevant webpage - local language
na
- Sources
https://www.vero.fi/sv-FI/Detaljerade_skatteanvisningar/Skatteforvaltni…
https://www.vero.fi/sv-FI/Detaljerade_skatteanvisningar/Skatteforvaltni…