10.24.22

Electricity VAT reduction

Countries across Europe continue to review their fiscal tax rates considering rising inflation, and also as economies strive to pick up pace in a post-covid era.  

Finland has reduced the VAT rate on electricity from 24% to 10% until 30 April 2023.  

Tungsten Network offers a compliant e-invoicing solution in Finland and our Web Form solution supports all valid VAT rates in the country.