1 May 2024
The Finnish government has confirmed that its standard VAT rate will increase from 24% to 25.5% and is expected to come into effect sometime in 2024.
This increase will make the Finnish standard VAT rate the second highest in the EU with only Hungary’s VAT rate beating this at 27%.
The 14% and 10% reduced VAT rates will remain unchanged.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
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