VAT rate change 1.9. from

The VAT rate will change in September 2024. The new general VAT rate will rise from 24 percent to 25.5 percent. According to the instructions of the tax administration, the timing of the tax rate change determines when the service has been performed or the goods have been delivered to the customer. This means that the tax according to the new tax rate is calculated if the goods have been delivered from 1 September 2024.

If an advance payment has been received for the order before the increase in the general tax rate, the tax rate applicable to the advance payment is 24 percent. The new rate of 25.5 percent also applies to contracts and offers made before September 1, 2024, if the delivery is sent or arrived only after that. For deliveries that are on their way when the tax rate changes, the VAT rate that is valid at the time of the delivery at the delivery address is applied. We hope that you take this into account when placing your orders, so that we avoid changes to the VAT rate afterwards.

More information about the change in the VAT rate and its effects on business is available On the website of the Tax Administration