- VAT rates in Finland will be changed from 2025
- The basic VAT rate in Finland will be 25.5% from September 2024
- Most goods and services currently taxed at 10% will be taxed at 14% from 2025
- Exceptions include newspapers, magazines, and public sector broadcasters
- Goods and services affected by the change include books, pharmaceutical products, sports and fitness services, tickets for cultural and entertainment events, passenger transport services, and accommodation services
- VAT rates in Finland depend on the date of delivery, with different rates applying if the seller or buyer is responsible for transportation
- If a deposit is paid before the end of 2024 for goods or services subject to reduced VAT, the 10% rate applies, while a deposit paid in 2025 will be taxed at 14%
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.
