Managing payroll in Finland

Payroll in Finland

7 CPD hours

1 day

Our comprehensive course is designed to cover all aspects of payroll management in Finland. The aim of the course is to provide sufficient knowledge for anyone who commissions a payroll service from a local expert, so that they may be able to understand the importance of the various documents they may be asked to authorise, interpret a local payslip and understand all of the key issues in terms of employee taxation and payroll processing within each jurisdiction. It is ideal for all Payroll or HR staff who have responsibility for overseeing an outsourced payroll in any of the jurisdictions.

Who This Course Is For

This course equips you with essential management knowledge to take a decision as to whether or not to outsource or have a local team running payroll in-house in Finland.

What You’ll Achieve

Delegates will gain an understanding of local payroll legislation and how to compliantly manage an in-house or outsourced payroll provider in Finland.

Finland payroll and tax regulations
Registration and identification of taxpayers
My Tax
Katso ID
Alternative flat rate tax for non resident foreigners
Tax cards
Calculation of tax
Starter and leaver processes
Tax exempt benefits
Taxation of BIK & valuing BIK
T&S rules
Incomes Register
New payroll reporting requirements from January 2019
KELA & Social Contributions
Sick & Maternity pay
Pension provision & reporting
Employment law
Working time
Paid holiday calculation
Application and scope of Collective Bargaining Agreements
Job alternation leaves
Personnel Funds – tax treatment

How Irish income tax is calculated
Universal Social Charge (USC): thresholds and rates
Pay Related Social Insurance (PRSI) classes and contributions
How tax credits and rate bands apply

How to read and apply RPNs
When new RPNs are issued and what triggers changes
Handling emergency tax situations

What information employers must collect
Reporting requirements for new hires and leavers
Week 1/Month 1 vs cumulative calculations

Overtime, bonuses and irregular payments
Sick pay, maternity rules and other statutory entitlements
Common queries and how to resolve them

Payroll submissions and payment deadlines
Annual reporting requirements
Record-keeping expectations and common compliance pitfalls

Ignore for now

From

£702.00 +VAT

Identify all key jurisdiction deadlines
Understand the penalty regimes and the consequences of getting it wrong
Have a detailed understanding of the scope of service you are purchasing from an outsource partner
Identify what information you need to pass to the outsource partner and why you have to provide it