Finland reproposes revision of reduced VAT rates

31 January 2024

The Finnish government has reproposed classifications of its reduced VAT-rated supplies in its 2024 budget proposals. It has proposed: 

A VAT rate rise from 10% to 14% on:

  • Books
  • Hotel services
  • Public transport
  • Some pharmaceuticals
  • Entrance to cultural & sporting events
  • Film screenings
  • Royalties for television and public radio activities

A VAT rate reduction from 24% to 14% on:

  • Tampons
  • Nappies

If accepted, these revised rates will be introduced from 1 January 2025.
 

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