Charging of electric vehicles subject to VAT rate of 24%

• Finnish Tax Administration issued updated guidance (VH/3469/00.01.00/2023) on 5 July 2023 regarding VAT treatment of parking space rental for vehicles.
• Charging electric vehicles in connection with the rental of a parking space is a separate supply of goods subject to the standard VAT rate of 24%.
• The rental of the parking space is generally subject to the 24% VAT rate, except if exempt (e.g., for VAT-exempt rental of business premises or an apartment).

Source Deloitte