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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