Finland - Increase in the reduced VAT rate from 10% to 14%, effective 1st January 2025

 Posted by: Roxsana Szymaniak

  13 December 2024

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%.

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