Tag: Tax
He wants changes in the tax system
The president of ASÍ says the government should intervene because of the rate hikes and help the public. There are examples of mortgage payments that have increased by ISK 100,000 in the last year. Interest rate hikes have put a heavy strain on people with unindexed floating-rate loans. Magnús Sigurjón Olsen Guðmundsson, who tweeted that […]
Climate Fund in 2022: EUR 79.9 million in investment decisions to promote the green transition
Aeromon: More accurate quantification of fugitive emissions. Capital loan of 2.4 million euros. DataSpace Europe: Information transfer service in the food chain. 1 million euro capital loan. Finn Recycling: Foundry sand recycling solution. 8 million euro capital loan. Hykamite: Demonstration plant to promote the production of emission-free hydrogen and industrial coal. A capital loan of […]
My ♥ CPH: Comedian and actor Jefferson Bond
When he’s not treading the boards in the theater, Jefferson Bond shares sides Citizen Comedy Club in Valkendorfsgade – over the past few years, the Belfast-born comedian and actor has become a mainstay on Copenhagen’s stand-up scene. We caught up with him at My Lovely CPH to get his take on living here. I first […]
The additional child benefit increased costs by 100 million euros in 2022
A total of 1.46 billion euros in child allowance was paid in 2022, which is almost 100 million euros more than the previous year (1.36 billion euros) due to the additional child allowance paid in December 2022. Otherwise, there have been no significant changes in the amount of child allowance paid in recent years. “At […]
Parisa Liljestrand (M): I am uncompromising about “arm’s length distance”
One of the things that the Government has highlighted as particularly important in cultural policy is the principle of an arm’s length distance between politics and the content of culture. A general definition of arm’s length is that politics sets the framework with money and organization, but does not interfere with the content and artistic […]
Almost 500 entrepreneurs are running in the parliamentary elections
Next are Kokooomus with 70 candidates and Liike Nyt with 64 candidates. Liike Nyt has the largest share of entrepreneur candidates, with 37% of candidates being entrepreneurs. CEO of Suomen Yrittäjät ry Mikael Pentikäinen expressed his satisfaction with the increase in entrepreneur candidates and said that “entrepreneurs are a significant group of candidates in several […]
Purra: Living on benefits too easy for immigrants, not Finns
On Monday, he confirmed to the daily newspaper that he was specifically referring to immigrants. “As my answer to the open question of the voting guides suggests, I was talking about immigrants. An immigrant can become part of the welfare system and social security with a maximum of 700 euros, he said. “The labor productivity […]
The top 1 percent swallow almost a tenth of all income
Increasing every year since 2009When the first report of its kind appeared in 1995, the top 1 percent accounted for 5.8 percent of all income—a figure that rose to 6.5 percent in 2009. Since then it has increased every year. On average, the top 1 percent collect DKK 4.1 million before tax each year. To […]
Tuesday’s papers: Sanna Marin and destroyers, tax warning and the price of coffee
Sanna Marini’s visit to Kyiv continues to raise the Hornet’s nest.
How much tax do you get back?
1 May deadline for changesOnce in, users can make changes to their Annual Statement until May 1 – something around 750,000 people have already done, although it’s only been available since Friday. The Tax Agency revealed yesterday that the changes the public have been particularly interested in are: – ‘Driving deduction‘: the deduction for journeys […]
Finnish startup community chief economist Youssef Zad suggests increasing tax incentives to attract skilled labor
According to the report, tax incentives affect the migration of certain groups, such as top innovators in the patent industry and other high-income individuals. Youssef ZadThe chief economist of the Finnish startup community stated that several studies have shown that high-income immigrants and top innovators react strongly to changes in income taxation and R&D tax […]
Customs reports a 46% increase in tax revenue in 2022
According to Tom Fermi, the head of Customs’ customer relations and tax collection, in 2022 the share of customs duties in the entire tax base was approximately EUR 297 million, which is EUR 92 million more than in 2021. The increase was mainly due to increased imports. tariff. The European Union received 223 million euros […]
Three out of four Finns want increased Kela compensation
It is worth noting that those with the lowest income are the most willing to use significantly more private health services if they are reimbursed for a significantly larger share of the visit costs. “Kela reimbursement is very cost-effective. A Kela-reimbursed visit is significantly cheaper for the public sector than a visit to a health […]
CO2 pumped underground for the first time
Crown Prince Frederik graced the stage yesterday at an event in Esbjerg, which inaugurated an experiment with technology that pumps carbon dioxide emissions back into the ground, reports DR. In the ocean not far from the case, a decommissioned oil platform was used to begin pumping the gas under the sea. The CO2 was brought […]
Finns’ interest in climate action is waning, says a study
Another sign of waning public interest in climate action is that the share of people who think action to curb climate change is urgently needed has fallen from 83 percent to 72 percent during the election season. Kantar Public collected a survey from 1,043 people from different parts of the country on behalf of the […]
Housing crisis in Finland: Research shows an unprecedented rise in housing costs in different parts of the country
The increase in housing costs and the large differences between municipalities are primarily due to the increase in the price of electricity, which has risen by an average of 46% since a year ago. Waste fees have risen by an average of 6.7%, real estate taxes by 6.3% and water fees by 4.1%. The most […]
HS: Finland’s biggest parties are against major spending cuts, tax increases raised by the ministry
As public finance structures were created at a time of more favorable demographic and economic development, it argued that the financial base is no longer sufficient to support all public sector tasks. The Center, the Basic Finns, the Greens, the Left Alliance, the Kokoomus and the SDP thanked the ministry’s officials for their work, but […]
Finland and Estonia – with their backs to Russia
Estonia and Finland together share most of the EU’s border with Russia. The heads of government, Kaja Kallas and Sanna Marin, have been setting the tone for the EU’s support for Ukraine, and elections are being held in both countries these days. In Finland there is just under a month left and in Estonia elections […]
Court cases remained at a high level in Finland in 2022
which has resulted in generally unreasonable processing times,” said Riku Jaakkoladirector general of judicial administration. According to the calculations of the Judiciary, as the largest player in the administration of the Ministry of Justice, the Judiciary needs about 30 million euros of permanent additional funding for personnel expenses each year. In addition, the judiciary needs […]
Sales of electric cars are increasing strongly in Denmark
Electric cars sell fast in Denmark. In February, 3,148 new ones were bought by the Danes, according to De Danske Bilimportører. The increase is quite impressive, as there were 83.3 percent more sales than February 2022. “The new figures are a clear sign that the Danes are moving quickly when it comes to converting to […]
The Finnish authorities recovered 534 million euros in undeclared taxes
According to the head of supervision and control, the tax administration carries out fewer but more effective inspections.
Tax returns are now available
From today, March 1, you can file tax returns for 2022. The deadline is March 14. You can file your tax return on the RSK website, skatturinn.is. Tax preparation assistance is available at 442-1414 and inquiries should be sent to the e-mail address: [email protected] Tax returns must be submitted by all persons over the age […]
When to buy winter sports equipment
One of the most important advantages of purchasing winter sports equipment in the off-season is the cost savings. By David Boernerproduct manager Skiing and snowboarding At REI: “Buying equipment in the off-season can save you a significant amount of money, but you don’t have the opportunity to test the equipment and make sure it fits […]
Climate report: Denmark is behind in relation to the CO2 emission ambitions
The government doesn’t careAccording to the CCC, some of the key areas where Denmark must improve in order to reach its emissions targets are: – stricter rules and regulation of agricultural emissions – a higher CO2 tax for industry – more facilities for CO2 capture and storage (CCS). – implementation of policy regarding the expansion […]
The researcher defends lowering the alcohol tax
The growth of alcohol sales has begun to level off. The alcohol tax cut last year boosted sales. Now a researcher says the government has achieved what it set out to do when it cut liquor tax
The mild winter causes fewer applications for electricity subsidies and tax deductions than expected
KELA published the electricity subsidy application form on January 7, 2023. During the first six weeks, only 1,449 households applied for support and only 324 received it. Especially in January, the number of positive decisions was low. “The most common reason for this has been that support has been applied for electricity consumption in 2022. […]
There are fewer electricity bill requirements and tax deductions in Finland than expected
The mild weather resulted in the price of electricity stopping in its almost vertical trajectory after the compensation plans were completed.
Make it compulsory to learn Danish, argues the language school’s interest organisation
De Danske Sprogcentre, the Danish language school’s interest organization, has prepared a list of suggestions for how the government can encourage more foreigners to learn the language. Among them is a recommendation to abolish the rule that prohibits international players from receiving free tuition after they have been here for five years. The number of […]
Experts: Finland’s emissions are falling rapidly, measures to strengthen the carbon sink
“The future looks promising. The green transition will strengthen Finland’s competitiveness, raise labor productivity and promote attracting investments to Finland. viewed Markku Ollikainenchairman of the climate change panel. “Using the full innovation potential requires effective public guidance.” The climate change panel published on Thursday report outlines measures to enhance climate action in Finland. An independent […]
Denmark is among the best countries to launch a startup
Pretty vanilla in ManilaDenmark’s cost of living was also the highest among the countries in the top 10, while its quality of life score was second only to the Netherlands. Other metrics considered in compiling the index included population, GDP per capita. population, economic growth and business taxes. The top of the index was the […]
Despite the extreme propaganda, 39 percent of Europeans still doubt Ukraine’s victory
Other respondents are skeptical about Ukraine’s ability to defeat Russia in this war. In addition, the survey found that while 68 percent of respondents believe that the attack on Ukraine is an attack on Europe as a whole, there is still a significant number of people who are not convinced. Moreover, more than a third […]
E-scooters are more popular than taxis, but walking still prevails in Helsinki
Almost half of city trips were made on foot.
Tourism will collapse if Iceland’s request is denied
Flights to Iceland could be cut by more than half, millions of tourists would disappear and tens of thousands of jobs would be at risk. The CEO of Play airline says everything depends on Iceland being exempted from a higher carbon tax. The future of Icelandic tourism is in jeopardy if EU regulation on increased […]
More are opting out of the church
Immigrants stay awayAs it stands, 72 percent of the population were members of the church, down from 73 percent last year and down 16 percentage points from when the numbers were first recorded back in 1986. Ethical Danes made up 84 percent of the church’s members, while immigrants and their descendants landed at 7 and […]
HS: Basic Finns is a clear favorite among first-time voters
Basic Finns was the most popular party among both men and women, and it was supported by more than a third of the male respondents and about a fifth of the female respondents. The party ranked number one all over Finland and received particularly high opinions from young people in the northern and eastern parts […]
EU adds Russia to black tax havens
The bloc accused Moscow of failing to change a “harmful” benefit tax regime Russia has been added to the EU’s list of “non-cooperative jurisdictions for tax purposes“, The European council notified on Tuesday. The bloc has accused Moscow of maintaining harmful tax practices. According to a statement published on the council’s website, Russian legislation introduced […]
Tax credits for housekeeping services do not help much against tax evasion
“A total of 55 percent of the respondents say that they would request an official invoice, even if it does not entitle them to tax relief,” says Ludwig Erhard ifo, head of the Center for Social Market Economics and Institutional Economics. Sarah Necker. “If policymakers want to use tax breaks to encourage consumers to request […]
The care allowance for private daycare support will be increased on March 1, 2023
Current care allowance recipients do not need to contact Kela to receive an increased compensation. Kela pays it automatically. The increase in the amount of the care allowance also affects the related income limits. The income limit entitling to the care allowance will be increased from March 1, 2023. For example, the income limit above […]
An interview with Chat GPT
In this interview, we delve into the workings of ChatGPT and explore some of the challenges and opportunities presented by this remarkable AI technology. From its training data and hardware requirements to its potential impact on the job market, we ask ChatGPT some of the most pressing questions about the role of AI in today’s […]
Finns among the 5 most playing countries
Where does this enthusiasm come from? The answer is not so simple. There are many reasons why casino games are so popular in Finland. Of course, gaming habits and preferences are individual, but you can easily find national common features that explain the popularity of gambling. These include geographical, cultural and social factors. Geography could […]
Etla: Finland should almost triple the net migration gain to 44,000
Statistics Finland has estimated that the annual net migration gain is currently around 15,000 people, and work-based immigration makes up the majority of immigration. Aki KangasharjuCEO of Etla, stated to STT on Friday. If immigration and emigration continued at the previous pace, the working-age population would shrink by almost a fifth by 2050, Etla warned. […]
The closure of Reykjanesbraut cost Icelandair ISK 1 billion
Icelandair’s CEO said the December storm and the subsequent closure of Reykjanesbraut cost the company around 1 billion kroner. Thousands of passengers have been stranded at Keflavík airport due to road closures. Yesterday Icelandair published its financial report for 2022. The report states that the company’s full-year EBIT (earnings before interest and tax) amounted to […]
In the minds of those who want to overthrow democracy
Conflict makes a journey through the throng of coup plotters. Dissatisfaction with covid restrictions, increased petrol taxes, vaccinations and migration policy have been mixed into a dangerous cocktail that has exploded in its parts. Most recently in Brazil, where we follow Bolsonaro’s bloggers who called for a storming of the parliament already in December. This […]
Economic Policy Council: The next government needs a credible plan to adjust public finances and combat climate change
Demand more targeted measures to mitigate the effects of crises Additional spending on military and other security-related uses has likely been necessary, while certain measures to increase purchasing power, such as a temporary reduction in VAT on electricity, have not been necessary. Severely affected households must be helped. However, not all households and companies can […]
Huge dividend for Ørsted and Novo Nordisk’s shareholders
The shareholders in Ørsted and Novo Nordisk have much to be happy about today, as both companies have decided to issue large dividends following the declaration of record profits. While Ørsted will split DKK 5.7 billion, Novo will distribute DKK 14.8 billion – not bad for shareholders who split DKK 7.5 billion in August last […]
The EU called for increased spending to compete with the US
Leaders of the bloc will meet next month to discuss possible responses to what they see as unfair measures Germany and France have called on the EU to increase support for domestic industry and unleash massive investment to avoid falling behind US companies in light of the US Inflation Reduction Act (IRA), which they say […]
Copenhagen’s former mayor Ritt Bjerregaard passes away at the age of 81
Stay in BrusselsShe also faced trials and tribulations during her tenure, notably when she was dubbed the ‘champagne socialist’ following revelations that she had been staying at the expensive Hotel Ritz in Paris on the taxpayers’ dime. However, she maintained her prominent position in her party and became EU Commissioner for the Environment in 1995. […]
Why it’s important to eat at work – even the odd cake
When England’s Food Standards Agency chief Susan Jebb recently compared eating cake at work to second-hand smoke, office cubicle walls trembled across the country. She told The times: Professor Jebb is right to criticize unstructured eating in the workplace, which can contribute to unhealthy eating. Overconsumption of unhealthy products such as cookies and processed foods […]
The tax administration will collect 81 billion euros in 2022
The figure is 5.8 billion euros, or 7.7 percent more than the previous year.
Background report of the Norwegian Economic Council: Flat-rate transfers are the most effective way to deal with unequal fuel taxes for low-income households
However, the tax burden is higher for low-income car-owning households. The Economic Policy Council’s new background report analyzes different compensation models. The report was written by a doctoral researcher Selina Clarke and empirical analysis by the researcher Kimmo Palanne. “In summary, a flat-rate transfer would compensate for the costs to low-income households, but it would […]
Income limits for study support will be raised significantly
The change also brings a change to the eligibility conditions for the student loan reimbursement. The annual income limits will be raised to a level 50 percent higher in 2023 than in 2021. Compared to 2022, the income limits will increase by about 20 percent. Students receiving a nine-month study grant can have up to […]
Election collection: Voting underway for the 2022 parliamentary election!
Voting has begun for the 2022 parliamentary election! Crowds began to form in the early hours at polling stations across the country, with many eager to exercise their democratic right before heading to work. And it is no exaggeration to say that it is chaos out there for commuters near polling stations. The polls close […]
An official of the Ministry of Finance is worried about the government’s tax proposals
Helsingin Sanomat emphasized that it is unusual for a key person to publicly comment on government proposals. Also the Minister of Finance Annika Saarikko (Keski) considered last week that the government should withdraw the proposals and added that he appreciates the importance of the proposals for the left-wing parties in the government coalition. His assessment […]
Experts demand equally progressive income and capital income taxation in Finland
They explained that due to the non-progressive nature of the capital gains tax, the richest 1% pay proportionally less tax than middle income earners. While the wealth of the top percentile thus increased fivefold between 1987 and 2019, the wealth of the bottom nine deciles grew only marginally, by 3.6 percent. The differences have only […]
Union Views: Track Your Green Career!
Did you know that you can use your academic skills in the social sciences to make the world a more sustainable place AND build a career with purpose at the same time? Green focusThe Danish labor market is booming these days with jobs with a green focus. In this article, I will describe very specifically […]
Marin: Finland could vote against the EU return regulation
The European Union proposes, for example, that at least 20 percent of the land and sea areas in the 27-country bloc be returned to their natural state by 2030. The question of the utilization of forest resources has revealed a deep division between the Center and the Green Alliance. On Friday, the Parliament’s trade committee […]
AWARD WINNER: Dangerous mail – protected addresses revealed with GPS transmitters
Every year, over half a million letters and packages are sent through the Tax Agency’s intermediary service – to people who live with protected personal data. The idea is that no one should be able to know where the person lives. Caliber tests security – and shows how the authority that is supposed to protect […]
Support is growing for Lars Løkke Rasmussen’s new party the Moderates, but Inger Støjberg is losing ground
Inger Støjberg and Lars Løkke Rasmussen are former Liberal colleagues who are at the head of new political parties with the potential to shake up the establishment at the general election on 1 November. While Støjberg is committed to supporting the blue bloc, but on her terms, Rasmussen has not yet indicated that he will […]
Sweden reveals right-wing government
The deal to form a three-party coalition includes political concessions to the anti-immigration Sweden Democrats Three Swedish parties have reached an agreement to form a minority coalition that relies on parliamentary support from the right-wing Sweden Democrats. It means a big change for the Scandinavian nation, where the anti-immigration movement has a direct influence on […]
The Tax Administration and Customs intensified the control of alcohol in online stores
According to recent estimates, the Finnish government loses approximately 80 or even 100 million euros in excise tax revenue per year due to international alcohol e-commerce deliveries, where Finnish taxes are neglected. Buying alcohol online became very popular, especially during the coronavirus pandemic. As a result, Customs and the Tax Administration will focus on strengthening […]
HS: The Social Democrats are changing the course of spending cuts, because they are needed in the next election period
“We have started preparatory work within the party on the economic attitude of the next election period. We can reveal the results when the work is finished after the turn of the year. Fiscal adjustment typically refers to a mix of tax increases and spending cuts designed to curb public debt. On Monday, Lindtman did […]
Marin: Politicians must be able to discuss economic policy coordination
“The root cause of inflation is the high price of energy, so we need to focus on two things in particular. We need to rapidly increase energy production to solve this supply problem. And another thing we need to discuss and find solutions for is energy pricing,” he said quoted saying from STT. He considered […]
Elections have not yet been called when the Danish Parliament opens
As the first Tuesday in October, Denmark’s politicians and royalty gathered today at Christiansborg to open the Folketing as tradition prescribes. And the big question was whether Prime Minister Mette Frederiksen wanted to call a new general election after the governing coalition Radikale’s ultimatum of no confidence in July. Well, she didn’t. At least not […]
The UN’s fiscal policy for advanced economies risks global recession
geneva – UN economists are warning that the monetary and fiscal policies of advanced economies risk plunging the world into a recession worse than the 2008 financial crisis. UNCTAD, the United Nations Conference on Trade and Development, has issued its 2022 annual trade and development report. The authors of the report warn that the world […]
China Seeks to Improve Multilateral Mechanisms to Replace UN Agencies: Report
Peking [China]Sep 28 (ANI): Beijing is devising a strategy to promote regional and international multilateral forums as a replacement for UN bodies, said a recent article by the China Institute of Contemporary International Relations (CICIR). According to the CICIR article titled ‘Global Security Initiative: China’s answer to Challenges’, the UN has failed to stem the […]
From third in line to less royal: Nikolai and his siblings no longer count so much
No longer counts for muchRoyal experts claim Queen Margrethe is seeking to consolidate the royal family ahead of public criticism that there are too many princes and princesses. The decision means that Nikolai, his brother Felix and his half-siblings Henrik and Athena will in the future be counts and countesses and be addressed with the […]
What is A-Kasse in Denmark?
A-kasse is a Danish term that refers to an association of white-collar workers. The name is derived from the word arbejdskasse, which translates to “work box”. To become a member of an A-kasse, you must be employed in Denmark and pay tax in the country. A-kasse are regulated by the Danish government and are obliged […]
Key labor market organizations reject the idea of combining tax cuts with wage contracts
Riku AaltoThe chairman of Teollisuusliitto met on Tuesday with Saariko’s officials and gave an unequivocal message that the trade union of about 200,000 members “is not interested” in making the tax cuts conditional on the results of the collective bargaining negotiations. “The government is doing what it’s doing on tax cuts, but it has no […]
420: Wallet election without election promises
Ulf Kristersson (M), Magdalena Andersson (S), Per Bolund (MP) and Johan Pehrson (L) have all been interviewed in Ekot’s party leader hearings during the week. They were asked questions about everything from property tax to mining, free schools, government cooperation and human rights in Turkey. What were the key messages and why did the party […]
Magdalena Andersson in Ekot’s party leader hearing “Will not raise the tax for ordinary households”
When the prime minister and the party leader of the Social Democrats Magdalena Andersson was interviewed by Monica Saarinen and Johar Bendjelloul Among other things, she was asked questions about tax increases and how a stronger defense should be financed. Magdalena Andersson said, among other things, that she is prepared to discuss the level of […]
Finnish growth companies: Business subsidies should be redirected to research and development
R&D allocations in the state budget have recently increased. Source: Statistics Finland In the opinion of the Finnish Startup community, the goal is worthwhile, although not sufficient. Increasing R&D spending is easier by enabling and promoting the activities of the companies involved. New jobs are created in new growth-oriented companies. Solutions for long-term economic growth […]
Huge increase in demand for stoves as Russia cuts gas supply to Europe
While Russia continues to reduce its gas supplies to Germany, the stove market is facing an unprecedented increase in demand, both from customers in Denmark and Germany. “Our stoves are worth their weight in gold right now,” says Anders Kajgaard, factory manager at the North Jutland stove manufacturer Rais, to Nordjuyske. Labor shortageGermany has always […]
Saarikko: Finland may not be able to afford significant income tax reductions
“Now we need mutual trust.” Saarikko pointed out that the combination of substantial wage increases and income tax cuts would be dangerous, as it could further accelerate the rise in consumer prices. Juha MajanenOn Wednesday, the permanent state secretary of the Ministry of Finance defined moderate salary increases as increases in line with next year’s […]
Trade lobby: The retail growth spurt is over – now uncertainty lies ahead
The turnover of the domestic retail trade will decrease by around 2.5 percent this year and even more in 2023, according to the forecast of the Finnish Trade Association. The trade advocacy group said that if Finland and the rest of Europe drift into recession, trade will shrink even more. According to the group’s preliminary […]
The Ministry of Foreign Affairs advises shops not to sell luxury goods to Russian tourists
Finnish companies have started to limit the sale of forced products to Russian tourists. This especially applies to the sale of tax-free goods from shops, as it is easier to track their intended use. Before making a purchase, the merchant must see the customer’s passport. However, this does not violate anti-discrimination laws. The EU sanctions […]
Higher corporate taxes lead to lower private investment: EconPol
Companies’ investment decisions vary depending on the economic situation. In normal economic times, the proportion of companies that change their investment decisions downwards due to tax increases increases by 2 percentage points. During a recession, the number triples to more than 6 percentage points. “Due to the lost investments, it would therefore be particularly expensive […]
Denmark among the world’s richest nations, but high tax rates limit it to #10
Denmark is the tenth best country in the world for acquiring wealth, according to a comparison made by Tipalti. It assessed working environments and benefits in nearly 40 countries, mainly in the OECD, taking into account average annual working hours, average annual wages, tax rates and average pension assets. Top drawer for working hoursDenmark was […]
The government increases social benefits to solve the cost of living crisis
Social benefits tied to the national pension will increase by 3.5 percent from August, when parliament approves an additional index revision in the spring. The increase in benefits is aimed at improving the purchasing power of low-income households and addressing the cost-of-living crisis caused by inflation. The new tax rate is valid until December and […]
Tuppurainen: The agreement on the stabilization of Uniper is the best possible
Fortum on Friday was revealed that the nearly 15 billion euro stability package consists of three core parts. The German state will take a 30 percent stake in the troubled energy company by subscribing to approximately 157 million new shares with a nominal value of 1.7 euros per share. Germany also promised to provide the […]
Kuluttajaliitto: Taxi Act reforms cause 40 percent price increases, worse service
More and more people have complained to Kuluttajaliitto about taxi issues after the sector’s legal reforms began to affect major changes in their introduction in 2018, says the non-governmental organization. Consumers have reached out with complaints about the availability of transport, pricing arrangements and the safety of taxi service providers across the country. According to […]
The police arrested eight suspects of human trafficking
Finnish authorities have arrested eight people on suspicion of human trafficking after a week-long international effort. Investigations targeting cleaning companies operating in different locations also led to the identification of at least six victims. The places investigated as part of the investigation were shops, hotels, shopping centers, warehouses, car washes, schools, daycare centers, restaurants and […]
The new British Prime Minister will be announced on September 5
The first round of voting for Tory MPs will be held on Wednesday, he said, adding that candidates must get 30 votes to qualify for the second ballot, which will take place on Thursday. He said the number of candidates will be narrowed to two before MPs leave for summer recess on July 21. The […]
The left-wing coalition gets little support for the “millionaires’ tax” proposal
The information service of the Parliament’s library calculated the tax revenue for the party by more than 500 million euros at 0.5 percent interest. The Left Alliance argued that the tax would be a way to narrow the growing wealth gap in Finland, and highlighted that the richest 10 percent have almost half (49.6%) of […]
The tax authorities will collect 42 billion euros in the first half of 2022
The Finnish tax authority has collected approximately 42 billion euros in taxes during the first six months of this year, which is more than 9 percent more than at the same time last year. In a press release, the agency stated that the increase in the state treasury’s income is mainly due to increased economic […]
Suomela: The European Parliament’s labeling of natural gas and nuclear power as green is frustrating
Investments in certain nuclear power plants using the latest technology and natural gas-powered plants can therefore be labeled as sustainable investments according to the EU. Iris SuomelaThe vice president of the Green League described the voting result as “very frustrating” in terms of the climate. The aim of the taxonomy, he reminded, is to ensure […]
Danish news: Despite the extended deadline, 40,000 tax forms from companies in Denmark are still missing
The Danish Tax Agency has said in a press release that there is still a lack of 40,000 accounting forms from companies in Denmark. The deadline, this morning, was postponed after operational problems last week at Nets – the company behind national services such as Dankort and NemID. According to the agency, these issues have […]
Finnish restaurants neglected to pay taxes by almost 20 million euros in 2017–2021
“In recent years, no so-called million-euro cases have been detected, because the signs of the cases have been detected at an early stage. However, there have been cases where there are hundreds of thousands of euros in unpaid taxes. was revealed Tarja ValsiAudit Director of the Tax Administration. From the beginning of next year, tax […]
Tax Office: Restaurant inspections reveal 19.5 million euros in unpaid taxes
In a recent inspection by the Tax Administration, 19.5 million euros in unpaid taxes from the restaurant industry have been revealed over the past five years. Out of this amount, there is 8 million euros in unpaid corporation tax. In its press release on Tuesday, the Tax Agency announced that a total of 40 million […]
Imports and exports of goods also apply to individuals crossing the Finnish-Russian border
Both imports to Finland and exports to Russia are restricted The entry restrictions that were in force at Finland’s external borders due to the coronavirus pandemic will be lifted on June 30, and from July 1, the health security situation will return to the pre-pandemic situation. However, the EU’s sanctions against Russia affect customs operations, […]
NemID crash pulls out
A crash affecting the log-in solution NemID and its associated services has not yet been resolved after two days. Since the beginning of 22. June, about a third of all users faced problems accessing online bank accounts, taxes, government documents, email and medical records. Nets, the company responsible for NemID, states that the crash is […]
Finnish MEPs welcome EU climate package, but call for stronger action
The European Parliament approved key elements of the EU’s new climate package on Wednesday. The Finnish MPs in the Parliamentary Committee on the Environment had mixed views on the compromise agreement reached after long debates between the legislature’s political groups. The positions adopted in plenary call for a reform of emissions trading, carbon taxes and […]
EU countries use strategies to tackle rising petrol pump prices: report
The main factor driving up prices is the supply problems associated with the conflict between Russia and Ukraine. The average price of petrol rose momentarily to more than € 2 per liter as the conflict escalated in February, but the latest rise is part of a steady rise in prices amid a shortage of supply […]
Thursday’s newspapers: courage and perseverance, forest fire warnings, banned from parliament
The cost of living in Finland will rise, and this Thursday Helsingin sanomat newspaper interviews the Minister of Finance Annika Saarikko (Cen) government’s difficult decisions in this exceptional situation. The country’s consumer prices rose by seven per cent year-on-year in May as euro area inflation peaked. "The coming months will be difficult, ”the minister acknowledged, […]
For every 50 cents, Tivoli now sees a dollar
It seems that Tivoli may have underestimated the Danish people’s overwhelming desire to go out again, now that the COVID-19 pandemic is in the rearview mirror. First of all, it went wrong over Friday Rock. Far more showed up than expected, causing disruption at the amusement park perimeter. There was even damage to some of […]
Finnish economists have reservations about tax cuts to curb inflation
The Coalition Party, for its part, has called for billions of euros in tax cuts. However, economists interviewed by the public broadcaster warn that cutting income taxes in an attempt to help consumers cope with an inflationary environment could be intuitively counterproductive. “When inflation is high, tax cuts can accelerate it even further,” he sums […]
EU approval of minimum corporate tax blocked by Hungary
BRUSSELS, Belgium: Hungary has blocked a global agreement to introduce a minimum corporate tax rate previously proposed by the Organization for Economic Co-operation and Development (OECD). Budapest’s move to oppose the proposal, which is supported by more than 100 countries, could potentially force EU finance ministers to postpone a vote scheduled to be included in […]
The Ministry of Finance warns of a recession
The Ministry of Finance released a weaker economic review on Friday, warning of more than previously expected slowing economic growth and accelerating inflation. It estimates that Finland’s GDP will grow by 1.4 per cent this year, but will slow over the next two years. The ministry forecasts growth of just 1.1 per cent next year […]
What punishment can a Soviet citizen receive for marrying a foreigner
Women who married foreign men in the 1940s Soviet Union could spend several years in a labor camp. Soviet security agencies ran a program of strict surveillance of such ladies. Very few ever managed to reunite with their husbands – and often paid a high price beyond that. Kharitonenko Manor on the Sofiyskaya Embankment in […]
