Taxable fringe benefit values for 2025

The Tax Administration has issued its official decision for 2025 on the values of fringe benefits. The decision lists the usual fringe benefits such as company cars, accommodation, employer-provided meals, telephones. Fringe benefits received from the employer are treated as wages in the employee’s tax assessment. The official decision regulates the valuations of each category of benefits.

Decision of the Finnish Tax Administration on the valuation of taxable in-kind benefits to be applied in 2025

Minor changes to employer-provided accommodation

The taxable value of accommodation in the postal code area 00380 will be based on the “Helsinki 2” location instead of “Helsinki 3”, to match the monthly rent levels listed by Statistics Finland in this residential neighbourhood. For 2025, there is no longer any reference to “other Helsinki” as it would be unnecessary.

You can still pay for food delivery with lunch vouchers, mobile app, and lunch cards

The new official decision continues to allow workers to use part of their meal benefit on transportation costs. This part of the official decision remains unchanged. Workers can use a lunch voucher, a card received from their employer, a mobile app or another dedicated method of payment in order to cover the price of the entire meal including delivery.

However, the maximum employer-provided coverage, for both the food itself and its delivery, is €13.70 per meal. If the employer covers more than €13.70, the benefit the worker receives from their employer (a lunch voucher, card or the euro amount per day in an app) must equal its nominal value. This way, the tax value would be the received nominal value.

Reduced values for certain company cars because of lower prices of motor fuels

The calculation formula for unlimited-type company cars contains a basic value plus an element reflecting the cost of operating the vehicle (which includes motor fuel and other operating expenses). To reflect the fuel prices that have recently declined, a reduction of 1 cent per kilometre was introduced in the “operating cost” element.

However, in accordance with the 2025 valuation rules for all-electric vehicles, only 8 cents per kilometre (instead of 9 cents in 2024) will be subtracted from the monthly value. This is because there has been no similar reduction of the price of electricity as has been the case with motor fuels. As for low-emissions vehicles, the subtracted cents from company-car values remain unchanged. This way, for all-electric vehicles, the element of operating cost will be unchanged when compared with 2024, and for low-emissions vehicles, the element of operating cost will be reduced by 1 cent per kilometre.