Value added tax

VAT increase was particularly hard on solo entrepreneurs and small employers

The VAT increase last autumn made many businesses’ situations more difficult, a recent Yrittäjägallup survey shows. Only just over half…

Reduced VAT rates rising in new year: guide for deciding which VAT rate to use

The Tax Administration has published instructions and examples of how increases to reduced VAT rates will be applied from the…

SMEs’ financial situation stagnant during autumn

The Yrittäjägallup survey also shows that SMEs’ future outlooks have not improved.

Consumer confidence continues to decline in September

Consumer confidence fell slightly in September. Business confidence, by contrast, rose in retail but fell in industry. “It seems the…

Transferring to the new VAT rate in practice

The general value-added tax (VAT) rate will rise from 24% to 25.5% on 1 September. In general, what will decide…

SY: VAT rise too fast

Suomen Yrittäjät, the Finnish SME association, is calling for a delay to the entry into force of the higher VAT…

SY disappointed VAT threshold not rising

The Government is not proposing a change to the VAT threshold. The lower threshold for VAT is not rising from…

Government’s budget decisions hit many business owners hard

Suomen Yrittäjät, the Finnish SME association, considers actions to sanitize the public finances necessary. “Finland’s economic situation is extremely grave.…

Tax Administration supports increase of VAT threshold to €25,000

The Tax Administration supports raising the VAT threshold from €15,000 to €25,000. It says that issues such as costs would…