Finland standard VAT rate increase from September 2024

1 August 2024

The Finnish government has confirmed that its’ standard VAT rate will increase from 24% to 25.5% from 1 September 2024. This increase will make the Finnish standard VAT rate the second highest in the EU with only Hungary’s VAT rate being higher, at 27%. 

There will be no change to the 14% and 10% reduced VAT rates.

We will contact affected clients shortly with further information around this increase.

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.

We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.

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