Finland's Minister of Finance, Riikka Purra, has issued a release on the draft budget for 2025. The release includes the following tax measures, some of which have already been approved, such as the increase in the standard VAT rate to 25.5% from 1 September 2024:
- An adjustment corresponding to the change in the Index of Wage and Salary Earnings will be made at all income levels, apart from the two highest income brackets of the central government income tax scale;
- Municipal finances will b…