The tax deduction tends to benefit high-income earners, a new study suggests.
Finland s Tax Administration offers tax credit deductions for the acquiring of household services such as cleaning, renovations and child care.
Image: Jari Kärkkäinen/ Yle
A study into a household tax credit deduction offered by Finland s Tax Administration has found that the initiative is not achieving either of its stated objectives, and is instead disproportionately benefitting high-income earners.
In Finland, the Tax Administration offers tax credits for household expenses such as cleaning, child care and home renovation, and the popularity of the deduction is growing. Finland’s tax office estimates that it grants about 400 million euros of credits every year for household deductions.