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.  

Compliance is complicated

Want to learn more about how Tungsten Network makes the process of staying compliant easier?