As of 28th February 2025, the Finnish Tax Administration has issued pre-completed tax returns for the 2024 tax year. These documents are accessible in MyTax and have been sent by post. It's essential to review your tax return carefully and make any necessary corrections or additions by your assigned deadline, which falls on either 1 April, 15 April, 22 April, or 29 April 2025.
Why Reviewing Your Pre-Completed Tax Return Matters
The pre-completed tax return includes information on your income, deductions, and taxes paid during 2024. While the Tax Administration gathers data from various sources, such as employers, pension institutions, and banks, some details might be missing or incorrect. It's your responsibility to ensure all information is accurate to avoid potential issues, such as:
- Overlooking Deductions: You may be entitled to deductions that reduce your taxable income. If these aren't included, you could end up paying more tax than necessary.
- Unreported Income: Any additional income not reported could lead to penalties or interest charges.
- Incorrect Information: Errors in your tax return can delay processing and affect tax refunds or lead to back taxes.
How We Can Help
Navigating tax regulations can be complex and time-consuming. Our team of experienced professionals is here to assist you in:
- Reviewing Your Tax Return: We'll meticulously examine your pre-completed tax return to ensure all information is accurate and complete.
- Identifying Eligible Deductions: We'll help you identify and claim all deductions you're entitled to, potentially reducing your tax liability.
- Filing Corrections: If any discrepancies are found, we'll guide you through the process of making corrections in MyTax or by submitting the necessary forms.
Don't Miss Your Deadline
Remember, the deadlines for submitting corrections are in April 2025. Missing your deadline can result in penalties or delays in receiving potential tax refunds. Ensure your tax matters are in order by acting promptly.
Contact Us Today or Book a Free Consultation
Don't leave your tax matters to chance. Contact us today to schedule a consultation. Let us help you navigate the complexities of your 2024 tax return, ensuring accuracy and peace of mind.