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Finland Alters VAT Refund Process: Automatic Refunds, No Credit Forwarding from August 2025

  • Finland changes VAT refund process starting 19th August 2025
  • Credit forward of VAT refund to offset future VAT liability is no longer possible
  • VAT refunds will be automatically refunded after processing is finalized
  • Outstanding VAT refunds expected to be paid by 26th August
  • Taxpayers should review bank details with Finnish VAT Authority for correct refund payments

Source: meridianglobalservices.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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