The effect of the value added tax change on deposit values
09.07.2024
The Finnish Government has proposed an increase on VAT 1.9.2024 onwards. According to proposal VAT will change from 24 % to 25,5 %. The Finnish Parliament has yet to confirm the change.
The new tax-free deposit values are applied according to the following schedules:
- In deposit refunds credited to return points starting from the billing period 1-15 September 2024.
- In the deposits invoiced from breweries and beverage importers, in invoicing from September sales reports (invoicing at the beginning of October).
The new tax-free deposit values are used in all deposit statements and debits from the periods mentioned above.