If you want to lower your tax rate for 2025, request now for a new tax card for benefits
If you receive daily allowance from Super unempoyment fund It’s worth ordering a revised tax card for the benefit.
Starting next year, the tax rate will take effect immediately on January 1. If you receive earnings-related daily allowance, you should order and submit a revised tax card for the benefit to the fund right at the turn of the year. It will likely be more advantageous for you.
Why should you order a revised tax card for the benefit?
The tax card automatically sent by the tax authorities applies to salary income. The tax percentage calculated for salary is increased to at least 25% when earnings-related daily allowance is paid. By a revised tax card for the benefit the withholding tax can be applied without the 25% minimum rate, which is often more favorable for those receiving earnings-related benefits.
Benefits are taxed differently than salary income
The tax percentage for earnings-related daily allowance is often higher than for salary income, as the same deductions allowed for salary income are not applied to benefits in taxation.
Salary-related deductions can still be used when annual income consists of both benefits and salary.
The revised tax card is not sent automatically to the fund. You must order it yourself in MyTax, after which the tax authorities will send to the fund.