Arvonlisäverottomia

Arvonlisäverottomia refers to goods and services that are exempt from Value Added Tax (VAT) in Finland. This means that when these items or services are sold, no VAT is charged to the customer, and the seller cannot reclaim any VAT paid on their own business expenses related to these specific items or services.

The exemption from VAT is typically granted to specific categories of goods and services deemed to be in the public interest or for social reasons. Common examples include certain healthcare services provided by licensed professionals, educational services offered by accredited institutions, and financial services such as insurance and certain types of banking transactions. Postal services and cultural services like admission to museums and theaters may also be VAT-exempt under specific conditions.

The purpose of these exemptions is often to make essential services more affordable and accessible to the public. It also serves to avoid double taxation in areas where VAT might otherwise be difficult to apply or where specific economic or social policies are being pursued. It's important for businesses to correctly identify and apply VAT exemptions, as incorrect application can lead to tax penalties. The specific regulations and conditions for VAT exemption are detailed in Finnish tax legislation.