New general value added tax to be introduced in September

16.8.2024

The 24 percent value added tax levied on products and services sold in Finland will rise to 25.5 percent as of September 1, 2024. This also affects the pricing of the products and services we offer.

According to the instructions of the tax authority, the VAT rate of 25.5 percent is also applied to contracts and offers made before September 1, 2024, if the sold service is performed or the goods are delivered to the customer after September 1, 2024. VAT changes will be made to the prices of our contract priced products, which will take effect at the beginning of September. At the same time, we have revised our pricing and taken into account the increased material and other costs in addition to the higher value added tax.

The change does not require any action from our customers, and it has no effect on the other conditions of photography contracts or services. If necessary, additional information can be provided by our contract contact person and customer service.

You can also read more about the change in the value added tax rate on the websites of the Tax Administration and Parliament.