Commentary

VAT on expenditure

13 Finland
13 Finland | Commentary

VAT on expenditure

13 Finland | Commentary

VAT on expenditure

Businesses that make taxable supplies are entitled to recover Finnish VAT incurred on expenditure (known as 'input VAT') used for the purpose of making these taxable supplies other than those items that are specifically blocked (see below).

Businesses that make only exempt supplies cannot recover input VAT. Businesses that make both taxable and exempt supplies can partly recover input VAT (explained further in 13.36) other than those items that are specifically blocked.

VAT incurred on the following items of expenditure is specifically blocked and therefore cannot be recovered:

  1.  

    •     Goods and services related to domestic housing provided

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