The value-added tax (VAT) increased to 25.5 percent on September 1, 2024.
- Mikko Tenhunen
- Sep 9, 2024
- 1 min read
In June, the Finnish Parliament approved the government's proposal to increase the value-added tax (VAT), which will raise the VAT rate on products and services sold in Finland from 24% to 25.5% starting from September 1, 2024. This change will also affect the taxable prices in contracts.
The increase in the VAT rate due to the amendment of the VAT law will also raise the prices of the products and services offered. The change in the VAT rate will be reflected in all contracts.
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Starting from September 1, 2024, the tax increase to 25.5% will be visible in the taxable prices of the ongoing and fixed-term contracts, products, and services of Jyväskylä Kiinteistömestarit.
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