Finland - Household tax credit did not improve employment - January 31, 2021

A study into a household tax credit deduction carried out by the Tax Administration has found that the initiative is not achieving either of its stated objectives and is instead disproportionately benefitting high- income earners. The purpose of the credit is to improve employment in the sectors covered by the deduction - such as childcare and cleaning- and also to hamper the ‘grey economy’, which is defined as the part of the economy that is neither taxed nor monitored by either national or regional government.

Read on: in English.

For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.

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