The Finnish parliament is considering two draft bills submitted on 29 October 2020 that provide for an increase in the one-off depreciation limits for assets and an increased deduction for certain R&D investment costs.
Draft Bill HE 195/2020 vp provides for the increase in the one-off depreciation limits for assets. This includes that machinery, equipment, and other moveable fixed assets with a value of less than EUR 1,200 may be depreciated in full (written-off) in the year they are p…