- Finnish government to raise value-added tax and tax burden of pensioners
- Two-day session to agree on spending cuts and tax increases worth three billion euros
- Consideration of raising taxation of pensioners by lowering deduction for pension income
- Possibility of raising taxes on high-income individuals by modifying income tax table indices
- General value-added tax rate to be raised from 24 per cent, with speculation of a one-percentage-point increase
- Other tax increases being considered, such as on electric vehicles and unhealthy products
- Spending cuts expected to target social and health care sector, including raising service charges and adjusting staffing requirements in elderly care
- State subsidies of social and health care associations could be slashed
Source: helsinkitimes.fi
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
