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.
 

Get in touch

Let us solve your current business VAT challenges

Contact us
LATEST NEWS

Morocco introduces VAT on e-services for non-resident...

From 14 February 2024, Morocco introduced VAT at 20% on the sale of digital services by non-resident providers to local consumers.  Previously, foreign...

SEE MORE
VAT news
LATEST NEWS

UPDATE: Belgium confirms the introduction of mandatory...

During February 2024, the Bill legislating for mandatory B2B e-invoicing in Belgium was gazetted, confirming the introduction of an e-invoicing regime from 1...

SEE MORE
VAT news
LATEST NEWS

Polish Ministry of Finance issues new National...

The Polish Ministry of Finance recently announced a round of nine public consultations ahead of a newly proposed July 2025 launch date of KSeF B2B e-invoicing...

SEE MORE
VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.