- Finnish Parliament approved lowering the reduced VAT rate from 14% to 13.5%, effective January 1, 2026.
- The new rate applies to goods and services currently under the reduced rate, such as food, catering, transport, accommodation, books, cultural/sporting services, medicines, and animal food.
- Public broadcasting services (YLE) will also be subject to the new 13.5% rate.
- Companies and customers will need to adjust billing and ERP systems, especially for advance payments or staggered sales.
Source: asd-int.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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