Finnish VAT Changes: Increase in General Rate and Shift for Sweets

• Changes for Finnish VAT will not take effect immediately, but by the turn of the year to 2025
• General VAT rate in Finland will increase by 1.5% to 25.5% in spring 2024
• Reduced VAT rates will remain at 10% and 14%
• 10% rate may be increased to 14% for items like books, medicines, and fitness services
• Sweets will be moved from reduced food rate to general 25.5% rate

Source: eurofiscalis.com

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.

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