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.
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