Finnish Government Proposes Increase in Household Services Credit and Other Individual Tax Amendments

The Finnish Ministry of Finance has announced that the government has submitted a proposal to parliament to amend the Income Tax Act. The proposal includes amendments for individuals that are intended to apply retroactively from the beginning of 2026.

The key amendments include the following:

• The maximum amount of the household services credit would be increased from EUR 1,600 to EUR 2,100 for 2026 and 2027;
• The credit rate for services purchased from companies would be increased from 35% t…