Finnish media covered the government's proposed removal of key tax deductions, impacting nearly 400,000 remote workers and cyclists. The home office deduction, worth 960 euros, will no longer be available starting 2024, while the bike benefit, which encouraged over 100,000 Finns to buy bikes, may be cut as well. The plan has faced criticism from trade unions and leftist groups, particularly regarding the elimination of the union fee deduction, slated for 2026. The total estimated revenue gain for the government is approximately 70 million euros, raising concerns about the financial impact on taxpayers.
"The home working deduction amounts to 960 euros for those working more than half of their work hours remotely."
"The bicycle benefit is exempt from tax up to 1,200 euros per year, encouraging over 100,000 Finns to purchase new bikes."
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