Tax refunds – individual taxpayers
If you have paid too much tax in withholding or prepayments, we refund the excess back to you when the tax year is over. You can see the date and amount of your refund in MyTax and on the tax decision.
This guidance is for individual taxpayers and for the self-employed. Guidance on tax refunds paid to corporate entities is available here.
Handelsbanken customers are transferred to S-Pankki as of 1 December 2024
Submit your new bank account number to the Tax Administration and request e-invoicing again.
You will receive your refund in the time between July and December
There is no longer a single refund date for all taxpayers. Most individual taxpayers get their tax refund in August or September. The last payments of refunds will be made in December.
The date when your tax assessment process ends. It ends at different times for different people. The end date valid for you is stated in your tax decision and in MyTax.
How to check the amount and payment of your tax refund in MyTax
| End month of tax assessment | Date when refund is paid to bank account |
|---|---|
| May | 3 July 2024 |
| June | 5 August 2024 |
| July | 3 September 2024 |
| August | 3 October 2024 |
| September | 4 November 2024 |
| October | 3 December 2024 |
Submit your bank account number to the Tax Administration if you have not submitted it yet or if it has changed. When is the deadline to submit the account number?
Refunds can be postponed or changed
If you or your spouse made changes to your tax returns, the refund date will be postponed. The refund amount may change as well. In addition, if some of your refund has been used to pay your other taxes or debts in enforcement, you may receive less refund. We will send you a new tax decision with the refund amount and date by the end of October.
- Why did I receive less tax refund or no refund at all?
- What does it mean if my tax refund has been used to pay my taxes?
You receive interest on your tax refund
The Tax Administration pays credit interest on refunds. The interest is not shown on your tax decision. The Tax Administration will add the interest to your refund when paying it. In 2024, the rate for credit interest is 2%. In 2025, the interest rate will be 2.5%.
Frequently asked questions
The end date of your tax assessment is shown on your tax decision and in MyTax. You will receive your tax decision by the end of October. Your tax assessment end date or your refund date cannot be made earlier. If your refund date has changed, this is stated on your revised tax decision or in MyTax. If your refund date has been postponed, it cannot be made earlier even if you request the Tax Administration to do so.
After receiving a money order, you can act in two different ways:
A. You can still submit your account number in MyTax. The tax refund is already on its way to the bank where you can cash the money order. If you do not cash the money order in 28 days, the bank returns the uncashed amount to the Tax Administration. The time limit is counted from the date of the money order. After the time limit has expired, the tax refund will be paid to your bank account within about a week.
How to submit a bank account number in MyTax
B. You can cash a money order at Nordea in various ways: For more instructions, visit Nordea’s website or see the money order letter.
If the Tax Administration has paid a few cents or euros to your bank account, the amount consists of such overpayments or tax refunds from previous years that have been too small to be refunded as such. Small amounts may be paid to taxpayers who will receive a tax refund based on this year's tax decision.
The actual tax refunds are normally paid on the tax refund days from July to December. You can check the amount and date of payment of your tax refund in your tax decision and in MyTax.
So the small amount paid to you is not an error, and it does not require any action from you.
No. You cannot transfer your refund to your spouse, i.e. you cannot settle your spouse’s back taxes with an amount that will be refunded to you.
Yes. If you or your spouse make changes to your tax returns, the tax assessment process takes longer and the refund date is postponed. In these circumstances, you will get a new, revised tax decision. The revised decision will include your new refund date. All tax refunds will be paid in December at the latest.
Your refund can be used to settle any taxes you are accountable for. The amount of unpaid taxes will therefore be subtracted from your refund amount.