Finnish Tax Authority Provides Overview of Tax Changes for 2021

On 16 December 2020, the Finnish tax authority published an overview of tax changes for 2021. Some of the main changes covered in the overview page include the following:

• An increase in the Revenue Threshold for VAT Liability from EUR 10,000 to EUR 15,000 with effect from 1 January 2021 as previously reported;
• The expansion of the VAT Mini One Stop Shop system to cover all services sold to consumers in the EU and intra-EU distance selling of goods from 1 July 2021;
• Benefits in kind (fringe …