Municipality

Tax Burden in Timrå Municipality

Located in Västernorrland County, Timrå municipality has a municipal tax rate of 23.19%, a county council tax rate of 11.29%, and a burial fee of 0.28%. For those who are members of the Swedish Church, an additional church fee of 1.66% applies. The total tax burden in the municipality, excluding the church fee, amounts to 34.48%.

Use of Tax Revenues

Tax revenues in Timrå municipality are used to finance a range of important public services. These include education, elderly care, social services, infrastructure, and cultural activities. A significant portion of the budget is allocated to schools and preschools, which is a priority for the municipality to ensure a good education for children and youth. Elderly care is also a significant expenditure, focusing on providing high-quality care for older residents.

Economic Challenges and Opportunities

Timrå municipality faces several economic challenges. An aging population means increased costs for elderly care and healthcare. At the same time, it is important to continue investing in education and infrastructure to attract new residents and businesses to the municipality. Another challenge is managing the economic effects of global and national economic downturns, which can negatively impact tax revenues.

Despite these challenges, there are also several opportunities. Timrå municipality has a strong industrial sector and good transportation links, which can contribute to economic growth. Additionally, there is potential to develop tourism and cultural activities that can generate additional revenues and create new job opportunities.

Standard of Living and Quality

The standard of living in Timrå municipality is generally good. The municipality offers a safe and nature-oriented environment with ample opportunities for outdoor activities and recreation. The quality of schools and healthcare facilities is high, contributing to the well-being of residents. At the same time, the municipality continuously works to improve and develop its services to meet the needs and expectations of residents.

Impact on Individuals' Finances

The tax burden in Timrå municipality means that a significant portion of residents' incomes goes towards taxes. For those who are not members of the Swedish Church, the total tax burden amounts to 34.48%. This affects how much money remains in the wallet after taxes. To get an exact calculation of your net salary, you can use our tax calculator, which helps you calculate your net salary based on your gross salary.

For many residents, the tax burden highlights the importance of careful financial planning. At the same time, tax revenues contribute to financing essential public services that all residents benefit from, which can be seen as an investment in the municipality's future and welfare.

In summary, Timrå municipality offers a good standard of living and high quality public services, despite the existing economic challenges. By balancing tax revenues and expenditures effectively, the municipality can continue to develop and provide a good living environment for its residents.