Aland islands Information about minimum wage and taxes.

The Aland Islands are an autonomous region of Finland and Finnish laws and regulations apply. Therefore, minimum wages and taxes in the Aland Islands are subject to Finland's general minimum wage and tax regulations. As of 2021, the minimum wage in Finland is determined on an hourly basis and the gross minimum wage amount is

10.66 Euros. This corresponds to a gross minimum wage of around 1,700 euros per month. However, the net wage amount received by employees may decrease with tax and social security deductions. As for tax rates, income tax rates in Finland are progressive and vary depending on income level. For 2021, the tax rate in the lowest income bracket is 0% and the tax rate in the highest income bracket is 31.75%. Since the general tax system in Finland applies to the Aland Islands, these tax rates are the same in the Aland Islands. However, tax deductions, social security contributions, and other factors may vary depending on the employee's income and other personal circumstances. To summarize, the minimum wage in the Aland Islands is subject to the general minimum wage of Finland and is

10.66 euros per hour as of 2021. Tax rates are compatible with Finland's general tax system and vary according to income level.

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