What is taking place?
On the 1st of january 2026, Finland will implement an change in its reduced Value Added Tax (VAT) rate. The reduced VAT rate will change from 14% to 13,5%.
The main VAT rate remains at 25,5% and the second reduced VAT rates will remain unchanged at 10% .
Will the 14% rate be removed after January 1st?
No, the 14% rate will remain available.
How will this be managed in Briox?
This will be managed automatically in Briox.
The invoice date will decide if the VAT rate is 14% or 13,5%.
Both rates will be posted to the same account and reported in box 302 of the VAT report for customer invoices (sales).
For supplier invoices (purchases), the new rate och 13,5% will also be reported on the same accounts alongside the old VAT rate, and reported in Boxes 304, 305, 306 and 307 of the VAT report.
What do I need to do?
The only thing you, as a user, will need to do after January 1st , is change the name of the account(s) you use if you do not want it to have 14% in its name any longer.
Please note that the name of the account does not affect the VAT rate as both rates will be posted to the same account during the transition period.
Read how to change the name of your account here, in the section called Account settings.
After we have released the functionality for managing the VAT increase, all accounts created using any Briox standard Chart of Accounts will automatically have accounts with 13,5% in their account name.
What happens on January 1st 2026?
When you create an invoice or post a journal with a date on or after January 1st, you will automatically get the new VAT rate of 13,5% when selecting the reduced VAT.
I am using both a posting date and an invoice date, how does this work?
It is always the invoice date that will be taken into account when the VAT rate is to be determined.
Read more about enabling an extra date field.
SUPPLIER INVOICES
I have set VAT rates on my suppliers in the registry. What happens to them?
As in the rest of the program, if you have set a VAT rate of 14% on your supplier in the registry, the VAT rate will be automatically updated to reflect the change taking place on January 1st.
How can I have an invoicing date in January and have a 14% VAT Rate on my supplier invoice?
How can I have an invoicing date in January and both 14% and 13,5% VAT on one invoice?
In both cases you must select the option Multiple VAT rates in the VAT drop down menu in the invoice header.
This will allow you to freely code in the accounting grid.
Use a template to automatically calculate your VAT in the supplier invoice. These are easily created by copying existing ones.
CUSTOMER INVOICES
What Happens if the invoice is posted in December but paid in January for the Cash Method of Accounting?
It is the invoice date that sets the posting date unless the extra date field is activated.
When the invoice is posted, the VAT gets sent to holding accounts so that the invoice can be locked and the due date set.
When the invoice is paid, the VAT is moved back to the VAT accounts so that it can be picked up by the VAT report.
For Example, an invoice posted and sent to a domestic customer in December and paid in January will have 14% VAT reported in January in Box 302 of the VAT report.
Read more about the cash method of accounting in Briox.
Read more about the change on Tax Administration page: https://vero.fi/en/About-us/newsroom/changes-in-taxation/plans-to-lower-the-14-percent-vat-rate-to-13.5-in-2026
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