Social security contributions in Finland

The sickness insurance premium payable to the tax authorities is divided in two classes, a daily allowance premium of 1.36% and a medicare premium of 0.68% (in total 2.04%). Only the daily allowance premium is deductible for individual taxation. The daily allowance premium is not collected if the total amount of salary is less than EUR 14,766. 

The medicare premium on pension income and social benefits is collected at a rate of 1.65%. The employer collects the aforementioned premiums from the employee’s salary and remits them together with income tax withholdings to the tax authorities. If the employee’s salary is taxed under the foreign expert tax regime, the sickness insurance premium is included in the flat 32% tax rate.