General VAT Rate Increase to 25.5% Effective September 1, 2024
The general VAT rate in Finland will increase from 24% to 25.5% starting September 1, 2024. This change will impact Eventilla service fees and other VAT-liable payments. Eventilla is prepared to support the new 25.5% VAT rate and has provided guidance for users to adjust their ticket sales accordingly.
Impact on Ticket Sales
- Events organized before September 1, 2024: The VAT change will not affect these events.
- Events organized after September 1, 2024:
- Payments made before September 1, 2024: These are considered prepayments and will be processed at the old VAT rate.
- Payments made on or after September 1, 2024: These payments must be made at the new VAT rate.
Actions for Eventilla Users
- Schedule ticket sales to end on August 31, 2024, at 00:00 for tickets with the old VAT rate.
- Create new tickets (and new forms if they have additional paid fields) with the new VAT rate and schedule their sale to start on September 1, 2024, at 00:00.
Instructions for editing ticket sales can be found here.
Bulk Update Option
Eventilla is developing a code to automate price and VAT rate updates for events in bulk. This code will primarily focus on removing tickets with the old VAT rate from sale and generating new ones at the scheduled time while ensuring that either the net price (excluding VAT) or the gross price (including VAT) remains unchanged. The challenge lies in handling forms and form templates that may have additional options with a 24% VAT rate.
The code is expected to be ready by early August and can be run for events after testing. Running this code will incur an additional fee.
Preparation Steps for Users
A. Decide how price changes will be handled for your events (whether the gross price of events will increase or not).
B. If you have multiple organizations, decide whether to apply the changes to all of them using the same logic.