Confederation of Finnish Industries has suggested to lower our reduced rate of 10 % temporarily to 5 % for the year 2021. In addition, it suggests that restaurant services for which VAT rate is 14 % to also be reduced to 5 % for the same period. This is to overcome from covid19 – to save jobs, to come out of this – stronger than before together .
Source Ek
Latest Posts in "Finland"
- Finnish Court Clarifies VAT Exemption for Insurance Broker Service Packages
- Finland Approves Overhaul of Soft Drinks Tax
- Plans to lower the 14-percent VAT rate to 13.5% in 2026
- Finland Parliament Considers 2026 Budget Bill with Reduced VAT Rate Cut
- Global VAT Rate Changes: Finland, Fiji, and Ghana Updates for 2025-2026
