{"id":639,"date":"2025-06-23T16:25:06","date_gmt":"2025-06-23T16:25:06","guid":{"rendered":"https:\/\/konkretiakirjanpitofi-wp32468.test.cchosting.fi\/?p=639"},"modified":"2025-09-09T11:24:08","modified_gmt":"2025-09-09T08:24:08","slug":"what-you-need-to-know-about-the-new-accounting-and-tax-reforms-2025","status":"publish","type":"post","link":"https:\/\/konkretiakirjanpito.fi\/en\/2025\/06\/mita-sinun-on-hyva-tietaa-uusista-kirjanpito-ja-verouudistuksista-2025","title":{"rendered":"What you need to know about the new accounting and tax reforms 2025"},"content":{"rendered":"
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What you need to know about the new accounting and tax reforms 2025<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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In 2025, several significant changes to accounting, taxation and financial management will enter into force in Finland. They will affect both entrepreneurs and households. Here is a brief summary of the most important reforms:<\/span><\/p>

1. Tax cards come into force at the beginning of the year<\/b><\/span><\/p>

The tax cards will no longer be valid from February, but will come into force from 1 January 2025. In addition, the income limits on the tax card will now be calculated for the whole calendar year, making it easier to predict and monitor the tax rate tax.fi<\/a>.<\/span><\/p>

2. Taxation of income and the household income tax credit<\/b><\/span><\/p>

The state income tax scale was increased by 3.4 % with an index adjustment, marginal tax rates were adjusted and the basic and earned income tax deductions increased tax.fi<\/span><\/a>. On the other hand, the maximum amount of the household allowance has been reduced to \u20ac1 600 per year and the deduction percentages have been tightened. tax.fi<\/span><\/a>.<\/span><\/p>

3. Input tax and declarations<\/b><\/span><\/p>

Income over \u20ac7 000 subject to advance tax (e.g. rental income) can now be put on a tax card instead of an advance if you wish tax.fi<\/span><\/a>. Entrepreneurs to receive SMS notification of the due date for business tax returns - to reduce the need for paper reminders tax.fi<\/span><\/a>.<\/span><\/p>

4. Interest on late payments and compensatory interest<\/b><\/span><\/p>

The interest rates payable on late payment of invoices increased: collection rates for all taxes rise from 11 \u2192 11.5 % and collection rates for debt collection income from 7.5 \u2192 8 % . tax.fi<\/span><\/a>.<\/span><\/p>

5. Value added tax (VAT)<\/b><\/span><\/p>

The general VAT rate was increased from 24 % \u2192 25.5 % in September 2024, and the changes will continue to affect accounting systems in 2025 tax.fi<\/span><\/a>. In addition, several goods and services (e.g. pharmaceuticals, accommodation, sports and cultural services) moved to a VAT base of 10 % \u2192 14 % at the beginning of the year.<\/span><\/p>

6. Corporate taxation - the impact of the growth package<\/b><\/span><\/p>

On 24 April 2025, the government decided to reduce the corporate tax rate from 20 % \u2192 18 %, with the aim of boosting investment and competitiveness. The change is due to enter into force in 2027 and the loss deduction period will be extended from 10 \u2192 25 years to 2026 .<\/span><\/p>

7. Corporate and arrangement tax<\/b><\/span><\/p>

Tax neutrality rules will be relaxed: more cash linked to share swaps may be allowed in the future, facilitating mergers and acquisitions. .<\/span><\/p>

How should you prepare for these changes?<\/b><\/span><\/p>