The Finnish tax authority has published guidance on the increase in the standard VAT rate from 24% to 25.5% with effect from 1 September 2024. The increase has been approved by parliament and is currently awaiting confirmation. The main points of the guidance are as follows. See the full guidance for examples and additional information.
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The general VAT rate rises to 25.5% starting 1 September 2024
From 1 September, the general VAT rate will go up from 24% to 25.5%. The Finnish Parlia…