Sun, 22 Dec, 2013 04:17:39 AM FTimes Report, December 22  Income earners' direct taxes in 1993-2012, at 2012 prices. Source: Statistics Finland. The share of municipal taxes in all taxes has grown from 50% to 64% and that of state taxes has decreased from 33% to 26% in the last 20 years.
Taxes and payments have increased by 31% in real terms from 1993, official statistics said.
Income earners paid €26.8bn in direct taxes and payments in 2012, which was 2.1% higher than the 2011 figure.
They paid €17.0bn in municipal taxes, €5.3bn in taxes on earned income, and €1.7bn in taxes on capital income.
Municipal taxes grew by 3.6% and taxes on earned income by 0.4% from the year before. By contrast, taxes on capital income decreased by 8.4%, according to Statistics Finland.
Income earners paid €1.8b in healthcare contributions and earned-income contribution payments, which was 5% more than the previous year.
The share of social security contributions in taxes and payments was 13% in 1993 and 6.7% in 2012.
Income earners received €124.4bn in taxable income in 2012, which was 3% higher than 2011.
The number of income earners stood at 4.6 million – 4.5 million received earned income and 1.3 million capital income.
€79.8bn of earned income were wages and salaries and €26.1bn was pension income, the data shows.
Wages and salaries grew by 3.7% and pensions by 6.3% from the year before. Of earned income, the highest 13% growth was recorded in daily unemployment allowances and other benefit based on unemployment security.
The share of taxes and payments in taxable income for income earners was 21.5%. In the previous year, this share was 21.7%.
Taxes and payments here include taxes on earned income and capital income, municipal taxes, church taxes and sickness insurance contributions, says a release of the institute.
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