Finnish Government to Increase Standard VAT Rate to 25.5% by 2024, Second Highest in EU

• Finnish government confirmed standard VAT rate increase from 24% to 25.5% in 2024
• Finland’s standard VAT rate will be second highest in EU after Hungary
• Reduced VAT rates of 14% and 10% will remain unchanged

Source: fiscalsolutions.co.uk

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.