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Change in VAT Rate in Finland to 25.5% from September 2024

  • Change in VAT rate in Finland from September 2024
  • Increase in VAT rate from 24% to 25.5%
  • Estimated boost of around 3 billion euros in Finland’s public finances
  • Changes in product categorizations for standard and reduced rates
  • New VAT rates effective from September 1, 2024
  • Implications for businesses in applying the new VAT rate
  • Handling VAT rates for sales invoices based on delivery dates
  • VAT rates for advance payments before and after September 1, 2024
  • Payment in installments and VAT implications in Finland

Source: eurofiscalis.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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