< All Courses
Country Course
Overview of Payroll in Finland
This course is aimed at those Payroll & HR Professionals who are processing or managing Vendors who process Payrolls in Finland and need to have an understanding of the legislative and legal requirements involved.
In-House Enquiries
About this course
International markets continue to grow in importance for British companies, and with this growth comes an expansion of compliance requirements. Whether you are sending expatriates into a country or taking on a small local payroll as part of an acquisition or branch opening, your business will need to ensure it meets all of its obligations. Outsourcing the payroll function may seem the best solution, but the company remains legally liable for any mistakes the outsource partner may make. It is therefore important that the end client is aware of what the major tasks are the outsourcer performs on their behalf, the key deadlines that they need to sign off, and how to interpret key reports and payslip information. This one day course focuses on the major payroll rules in Finland.
Who is this course for?
This course is aimed at those Payroll & HR Professionals who are processing or managing Vendors who process Payrolls in Finland and need to have an understanding of the legislative and legal requirements involved.
What will you achieve?
Attendees will be able to accurately follow a simple pay calculation for each jurisdiction, and should be able to identify all of the key items on a payslip produced in each jurisdiction. You will also be able to:
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
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
What will be covered?
Employment Law, including:
Registration of foreign employers
Personal Identity numbers
Anonymous person procedure
Overview of employment law
Registration of foreign employers
Personal Identity numbers
Anonymous person procedure
Overview of employment law
Tax including:
Finnish Tax administration (Vero)
Tax CardBIK taxation
Finnish Tax administration (Vero)
Tax CardBIK taxation
Use of tax Account
Social Security:
Employers social security contribution
Social Security Administration (Kela)
Payroll Administration:
Payment and filing deadlines
Annual Employer Payroll Report
Report payment and deduction codes
Leave:
Sickness Leave
Maternity Leave
Holiday