Finland - Increase in the reduced VAT rate from 10% to 14%, effective 1st January 2025
Posted by: Roxsana Szymaniak
The Finnish Government has approved an increase in the reduced VAT rate from 10% to 14%, effective 1st January 2025.
As a result, goods and services currently subject to a reduced VAT rate of 10% will now be subject to a reduced VAT rate of 14%.
However, this change will not affect newspapers, magazines, or public broadcasting services—they will remain subject to the reduced VAT rate of 10%.
Additionally, sanitary protection products and children's diapers, which are currently subject to a 25.5% VAT rate, will benefit from a reduced VAT rate of 14%.