Do you invoice the public sector without YEL insurance?

If you answered yes, did you know that according to Keva's instructions, pension insurance contributions must always be withheld from work done for the public sector? This is even if the entrepreneur is not obliged to take out YEL insurance due to a small operation.

So it may be that your client working in the public sector may request a certificate of YEL insurance.

If you have not acquired YEL insurance, your public sector client will make a JuEL insurance payment for the assignment. JuEL insurance's share of the billing amount is about 6–8%. Our financial administration processes the measures related to the invoice and makes a new invoice for the smaller amount that your customer has paid after the pension payment.

Please note that both the invoicing service UKKO.fi and the client of the public entity are both obliged to report the same salary. This means that the salary in question appears twice in the income register. It is the responsibility of the small business owner to ask the tax authority and other potential users of the income register data to take into account that the same income has been declared twice.