Turnover is not your salary, profit or bank balance. Find out how it is calculated, how VAT affects the figures and what to track when invoicing through Bisse.fi or your own business.
An invoice total is not your take-home pay. Learn how VAT, service fees, withholding tax, YEL and tax prepayments affect income when you work for yourself in Finland.
Vladyslav Zhurba arrived in Finland after fleeing the war in Ukraine. He found a way to invoice construction work through Bisse.fi, get paid quickly, and later build his own company.
A payment default record in Finland does not appear just because one invoice is late, but it can affect everyday contracts, credit checks and running a small business. This guide explains how records arise, how they are removed and what light entrepreneurs and sole traders should do early.
Gross margin shows how much is left from your sales after the direct costs of the work, service or product. This guide explains how to calculate it, which costs to include and how it helps you price your work properly.
Advance tax, or ennakkovero, is how income tax is paid during the year on income where no tax is withheld at source. This guide explains when it applies to a Finnish sole trader, when it usually does not apply to work invoiced through an invoicing service, and how to keep your estimate up to date in MyTax.