Finnish Parliament Approves VAT Rate Increase Effective January 2025

• Finnish Parliament approved changes to reduced VAT rates effective from January 2025
• Changes affect sales, intra-Community acquisitions, and imports dated from January 2025
• Goods and services previously at 10 percent VAT will increase to 14 percent
• From January 2025, 10 percent VAT rate limited to newspapers, magazines, and VAT for public broadcasters Yleisradio Oy and Ålands Radio och TV Ab
• Plans to increase VAT for public broadcasters to 14 percent starting January 2026

Source: taxand.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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