Tax reforms

This page provides information on the upcoming reforms that will affect taxation in Finland.

Read also: Taxation changes 2022

Commuting expenses

After the threshold amount, you can deduct up to €8,400 in commuting expenses in 2022.

You can request a revised tax card for large commuting expenses for 2022 as of 1 July 2022.

Changes to the processing of negative VAT refunds

The processing has changed for tax periods that begin on 1 January 2022 or later in situations where the taxpayer has adjusted their negative VAT balance, decreasing the negative value at a stage when it has already been used for paying some other tax. In future, no changes will be made to the use of negative VAT in previous tax periods. Instead, the reduced amount of negative VAT will have to be paid back separately. The change does not have a retroactive effect on tax periods ending on 31 December 2021 or earlier.

Amendment to the Act on the taxation of nonresidents’ income

The way tax at source is withheld on dividends paid on corporate stock will change. The change affects the dividends received by shareholders that have a nominee account.

Improvements to VAT reporting

The Tax Administration is looking to improve the VAT return and VAT reporting in the next few years. In future, the information needed in VAT reporting could be retrieved automatically from the companies’ financial management systems based on invoice and receipt details. Automated reporting would also make it possible to prepare pre-completed VAT returns for small companies.