How to pay prepayment taxes?

When you start your own business through UKKO Pro, we will ask the Finnish Tax Administrator to enter your company to the Prepayment Register. However, we will not apply for any prepayment taxes for your business. You will need to inform the Tax Authority about the estimate of your company's taxable profit. The amount of tax prepayments is based on that estimate and you will receive invoices regarding it. You can easily change the estimate even by calling the tax office or using the MyTax online service. Paid tax prepayments must be added to the bookkeeping service.

Keep a close eye on how your profit is developing. If it seems that your actual profit is lower or higher than the estimate, or if profit for the current year will be different from the previous year, you should request changes to your prepayments. You can do that via MyTax.