Finnish Government plans to raise VAT rate by 1.5 percentage points

• Finnish Government plans to raise VAT rate by 1.5 percentage points
• VAT rate to increase to 25.5 percent from 24 percent
• Insurance premium tax rate also set to rise
• Scope of VAT rate to apply to sweets, chocolate, and sugary drinks
• Mineral mining tax and tobacco taxes to increase more than planned
• Income tax thresholds to be frozen at current levels
• Taxes to rise for electric vehicles and plug-in hybrids, exempting zero-emission company cars

Source: answerconnect.cch.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.

---

---