A number of new changes have been announced by the Finnish Tax Authority which will come into effect from 2017.
The changes include:
- Returns must be e-filed: except for special circumstances, paper printed tax returns are no longer accepted.
- Replacement of previously filed returns: Corrections must be made on a new return that replaces the previous one.
- Changes to the choice of tax period: the threshold for quarterly returns is raised to €100,000. Threshold for annual returns is €30,000.
- Simplified late-payment charges: corrections can be made up to 45 days after due date without late-payment charges.
For further information please contact Accordance.