The Impact of the New VAT Regulations on Small Businesses in Finland
Elenius, Wanni-Amanda (2025)
2025
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-202503113965
https://urn.fi/URN:NBN:fi:amk-202503113965
Tiivistelmä
This thesis examined the impact of new VAT regulations on small businesses in Finland. The regulations, which came into force on September 1. 2024, specifically changed the lower limit for VAT liability for small businesses. The study aimed to determine how these changes have affected entrepreneurs. Furthermore, the study surveyed entrepreneurs’ views on the regulations and possible development needs.
The study was conducted as a quantitative survey, which utilized both closed and open questions. The results showed that many respondents felt that the changes had increased administrative work and costs, but some considered the increase in the lower limit to be a positive change. Entrepreneurs hoped for simplification of regulations, targeted information and practical support from, for example, the Tax Administration.
The study provides information on the impact of regulation on small businesses and helps to understand what kind of support measures and communication entrepreneurs need to adapt to the changes.
The study was conducted as a quantitative survey, which utilized both closed and open questions. The results showed that many respondents felt that the changes had increased administrative work and costs, but some considered the increase in the lower limit to be a positive change. Entrepreneurs hoped for simplification of regulations, targeted information and practical support from, for example, the Tax Administration.
The study provides information on the impact of regulation on small businesses and helps to understand what kind of support measures and communication entrepreneurs need to adapt to the changes.