September 2024

Finland Raises Standard VAT Rate to 25.5% from 24% Effective September 2024

Generally what this means for your VAT reporting: sales of goods and imports in July and August 2024 should be reported with the old 24% VAT rate; however sales and imports in September 2024 (and going forward) now need to be reported with 25.5% VAT.

EuroVAT will assist you with reporting the VAT rates correctly in your Q3 quarterly filing (July-September 2024). Please contact our team if you have any questions or need additional assistance.

 

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