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Finnish Ministry of Finance proposes 2025 budget draft with tax rate increases and changes.

  • Finnish Ministry of Finance proposed 2025 budget draft
  • Increase standard VAT and insurance premium tax rates to 25.5%
  • Lower VAT registration threshold for small businesses to 20,000 euros
  • Transfer goods to 14 percent VAT rate from reduced 10 percent rate
  • Various rate changes planned

Source: news.bloombergtax.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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