- On 3 July 2024, the Finnish Tax Administration published instructions for VAT reporting due to a VAT rate increase from 24% to 25.5% effective 1 September 2024.
- The Ministry of Finance also proposed moving certain commodities from the 10% reduced VAT rate to a 14% reduced VAT rate, excluding newspapers and magazines, with a suggested effective date of 1 January 2025. Public consultation on the draft bill is open until 19 August 2024.
Source Taxbackinternational
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