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Finland’s Ministry of Finance Proposes 2025 Budget with Major Tax Adjustments

  • Finnish Ministry of Finance proposed 2025 budget with significant tax changes
  • Standard VAT and insurance premium tax rates to increase from 24% to 25.5% on September 1, 2025
  • VAT registration threshold for small businesses to rise from €15,000 to €20,000
  • Goods subject to reduced 10% VAT rate to be shifted to 14% rate, with additional rate changes

Source: globalvatcompliance.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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