The Finnish Tax Administration Dec. 11 announced upcoming tax changes for 2025. The announcement includes measures to: 1) specify the effective date of Jan. 1, 2025, for tax cards, with the income limit for the card calculated for the entire year; 2) provide a maximum household deduction of 1,600 euros (US$1,676) starting in 2025, with a decrease in deduction percentages; 3) maintain the maximum deduction of 7,000 euros (US$7,335) for travel between home and work in 2025, with the deductible also remaining at 900 euros (US$943); 4) explain that from Jan. 1, 2025, goods and services currently subject to the ...
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