1 May 2025
The Finnish government have proposed a reduction of their reduced VAT rate from 14% to 13.5%.
If accepted, this change would come into effect from 1 January 2026 and will apply to the following goods and services:
- Accommodation services
- Admission to cultural events
- Books
- Cultural and sports activities
- Imported artworks
- Medicines
- Passenger transport services
It was also confirmed that the 10% reduced rate, which applies to newspapers and public broadcasting, 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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