Finnish Government Finalizes Budget Plans for 2021

The Finnish government has reportedly finalized its plans for the 2021 budget, including a limited number of tax measures primarily focused on individuals and employees. This includes the adjustment of individual income tax brackets to reflect inflation, a tax exemption on bikes provided by employers to employees for commuting to and from work up to a maximum of EUR 1,200 per year, and a reduction in the taxable value of the car benefit for electric cars. The government also plans to increase…