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Undeclared work in Finland may equal €1 4 billion per year

Latest reports make the conclusion that an important tax gap is formed every year due to illegal, undeclared work. The gap’s size ranges from 300 to 480 million euros, representing tax and social-insurance revenues that the State of Finland does not receive. The results of the reports make it evident that Finland’s existing strategy for combating the shadow economy and the related action plan governing the cooperation between public authorities must be maintained. Undeclared work and the losses in fiscal revenue resulting from it were examined for the first time in Finland.

Service break in MyTax during the weekend − take care of any tax matters before the break

The Tax Administration will carry out a system upgrade for MyTax during the coming weekend. The service will be down and users cannot log in to take care of their tax matters. The Tax Administration advises taxpayers to take care of their tax matters during the first days of the week. The service break will start on Friday 18 November at 3.30 pm and end on Monday 21 November at 9 am.

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