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Finland Raises Reduced VAT Rate to 14%, Effective January 2025

  • Finland has approved an increase in the reduced VAT rate from 10% to 14% starting 1st January 2025
  • Goods and services previously at a 10% VAT rate will be adjusted to 14%
  • Newspapers, magazines, and public broadcasting services will continue at the 10% VAT rate
  • Sanitary protection products and children’s diapers will decrease from a 25.5% VAT rate to 14%

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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