- Significant VAT changes in Finland from September 2024
- Impact on various industries
- Companies need to understand and prepare for new challenges
- Increase in standard VAT rate to 25.5%
- Reduced VAT rate changes to 14%
- Importance of efficient business management
- Update accounting and invoicing systems
- Assess pricing strategy and communicate with customers
- Update financial forecasts and budgets
- Consult tax expert for compliance and support
Source: ecovis.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.