Paying taxes

In the Pro Light service, we take care of withholding tax from your invoices. Tax is withheld according to the rate you've set yourself in the app. At the end of the year, we pay the collected taxes to the Finnish Tax Administration in one go.

Setting your tax rate

You can estimate a suitable advance tax rate using your own wage income tax card as a guide.

When making your estimate, remember to take into account:

• Any wage income you have.
• Your business result (income minus expenses).

You can see your company's result in the income statement on the Reports tab in the app. If estimating the tax rate feels difficult, you can always ask the Finnish Tax Administration directly for advice.

Setting the tax rate

Set your tax rate in the app under: Company details > Tax rate.

If you don't set a tax rate, no tax will be withheld at all. You can update the rate at any time during the year.

If the Finnish Tax Administration has imposed advance taxes

If the Finnish Tax Administration has already imposed advance taxes on you, do this:

• Set the tax rate in the app to 0.
• You must pay the advance taxes imposed by the Finnish Tax Administration, shown in MyTax (OmaVero), yourself by the due date.

Remember that we don't set the tax rate for you – you need to make sure it stays up to date yourself. You'll receive regular email reminders to help keep your tax rate current.