The new collective agreement for the salaried employees in the technology industry is valid from February 10, 2023 to November 30, 2024. Salaried employees in the technology industry will be paid a lump sum of 444 euros in March. In addition, salaries shall be adjusted no later than on 1 April 2023 or at the …
A new collective agreement for the salaried employees in the technology industry Read More »
The collective agreement is valid for two years and it includes salary settlements for both years 2023 and 2024. By the agreement salary revisions in 2023 will be carried out as described below the employees will be paid a one-time compensation of 400 euros (on average 1 % of earnings of regular working hours) in …
New collective agreement for the employees in the technology industry Read More »
The guidelines for Income taxation of non-resident foreign corporate entities have been updated regarding remote work when evaluating the formation of a permanent establishment. In remote work arrangements, work can be done partly at home, and partly in the office located in the foreign company’s country of residence, or elsewhere. When evaluating the formation of …
As of 1 January 2023, a decision issued by a doctor responsible for infectious disease control will be required to qualify for infectious disease allowance. The application period for the allowance will also be shortened from 6 months to 2 months, therefore the application has to be filed within 2 months of the date from which …
Econia specializes in managing foreign labor on Finnish construction sites. Our Compliance & Advisory services are used by several projects employing foreign subcontractors in Finland. We aim to ensure that taxes and obligations are handled correctly in the entire subcontracting chain, that collective agreements are followed and interpreted correctly on the site, and that employees …
Econia’s Compliance & Advisory services prevent unethical activities Read More »
This year there will be new differences between earnings-related pension insurance companies in TyEL contributions due to a legal amendment. This means, that each earnings-related pension insurance company will determine its own TyEL contribution component required for implementing earnings-related pensions and taking care of insurance policies, in other words, a so-called administrative cost component, and …
Changes in earnings-related pension contributions for 2023 Read More »
The Tax Administration has published an update to the instructions regarding the taxation of employees coming to Finland from abroad. When a person comes from abroad to work in Finland, he basically pays tax in Finland on the salary he receives here. The taxation of wages received from working in Finland is affected by both …
Taxation of an employee coming to Finland from abroad Read More »
This Christmas, we have donated to the aid work of the Finnish Red Cross in Ukraine. Merry Christmas and a successful New Year 2023! Read more about Finnish Red Cross aid work in Ukraine. Facebook Twitter LinkedIn Lue Lisää Uutisia > Arkisto >
Administer Plc continues to implement its growth strategy by acquiring Econia Ltd, which is an expert company specialised in financial and HR administration and international services. Econia provides wide-ranging expert services for developing corporate finances, personnel resources and international business operations. The service offering also includes, among other things, expert services in preventing grey economy …
In international personal taxation, the concept of the economic employer is being used in several European countries, such as Norway, Germany and Sweden, as well as Great Britain. The Finnish Government has formulated a proposal draft to the parliament, which deals with income tax law and certain other laws being changed for the implementation of …
The concept of the economic employer is coming to Finland – what is it all about? Read More »
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