Health Insurance Contribution

The employer is obligated to pay a health insurance contribution to the tax administration while he/she pays the tax withholding. The health insurance contribution is paid for the salary subject to tax withholding. Salary in this respect means all kinds of salaries, rewards, benefits and compensation which are paid in consideration of work. This also includes fees for attending meetings, fees for personal lectures and presentations, compensations for membership in administrative bodies, compensations of a managing director, salary received by members of general or limited partnerships, or compensation for holding a position of trust as well as fringe benefits.

The valid social security contribution is confirmed by a statutory order and it can be found in the Finnish webpages of the tax administration. In 2016 the employer’s social security contribution was 2,12 %.

The employer shall give the tax administration a seasonal tax return for the social security contribution. The tax return, which is the same form as in payments and tax withholdings, is usually given each month.