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. Refunds are paid to taxpayers on different dates, depending on when their tax assessment process is completed. 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.

Log in to MyTax

Your 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.

Table: How the end month of tax assessment affects the tax refund date
End month of tax assessment Date when refund is paid to bank account
May 5 July 2021
June 3 August 2021
July 3 September 2021
August 4 October 2021
September 3 November 2021
October 3 December 2021

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.

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 2021, the rate for credit interest is 0.5%.

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 MyTaxIf your refund date has been postponed, it cannot be made earlier even if you request the Tax Administration to do so.

If you have not submitted your bank account number to the Tax Administration in time, your tax refund is paid to you in the form of a money order. If your refund has already been transferred to the bank to be cashed as a money order, the Tax Administration cannot re-route it to your bank account.

You have 28 days to cash your money order. The time limit starts on the date stated on the order. If you do not cash the money order, the bank will re-send the refund back to the Tax Administration. After this, we can pay the refund to your bank account about one week after you have sent us your bank account number. You can do so in MyTax.

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.

 

This guidance is for individual taxpayers and for the self-employed. Guidance on tax refunds paid to corporate entities is available here.