amos
finland has 25.5% VAT?????
Jan 2 at 4:37pmWeb
Show threadjackJan 2
@fasterthanlime that explains why they're so upbeat
Show threadAuroraJan 2
@fasterthanlime yeah, I am sure they increased it by 0.5% to support the local IT consultant business
Show threadPingZingJan 2

@fasterthanlime sure does!!!
Current right-wing government cranked it up 1.5% to "reduce debt"...

...while giving large, unprecedented tax cuts exclusively to the extremely wealthy.

Sucks!

Show threadPingZingJan 2
@fasterthanlime (oh and cutting social benefits across the board of course)
Show threadAleksiJan 2
@fasterthanlime Right here 🙋 Because a 1 %-point or 2 %-point increase apparently wouldn't do, so we went from 24% to 25.5%...
Show threadRasmus Kaj 🎼🦀Jan 2

@fasterthanlime
Closely followed by the other Nordic countries Sweden, Norway, Denmark, and Iceland. On the other hand, at least here Sweden there are lots complicated categories for reduced VAT, e.g. 12 % on food, and 6% or 0 on lots of art, culture and sports. I suspect Finland and the other Nordic countries has similar reductions (but of course not the same categories, that would make things too easy).

Here's the categories for Sweden:
https://www.skatteverket.se/servicelankar/otherlanguages/englishengelska/businessesandemployers/startingandrunningaswedishbusiness/declaringtaxesbusinesses/vat/vatratesandvatexemption.4.676f4884175c97df419255d.html

VAT rates and VAT exemption

Here you can find out about VAT rates for the most common goods and services, and how much VAT you should charge when you sell them.

Show threadMartin FrostJan 2
@rkaj @fasterthanlime for a while, we (Sweden) even had a different VAT on books depending on format. 6% on physical books, but 25% on digital ones (such as ebooks), because the latter were considered as a digital service rather than a product. This has been fixed, so now it’s 6% on both digital and physical books.
Show threadHenrik LievonenJan 2
@fasterthanlime Our pro-companies government wanted to give a present to software consultancy companies and decided to add a decimal point to the tax percentage. A lot of software updates were needed with only five months over summer to implement those 🙃
Show threadamosJan 2
@HenrikLievonen how.. how would a decimal point be a problem
Show threadHenrik LievonenJan 2
@fasterthanlime You could reasonably assume that a tax percentage would be a per_cent_age, and store it as an integer in your database. Also, we are handling money, so you probably want to use fixed-point arithmetic and might have chosen the location of the decimal point wrong.
Show threadjakobJan 2
@fasterthanlime you folks don't? what a life
Show threadamosJan 2
@jakob 20% here!
Show threadBenJoeJan 2
@fasterthanlime Just 25.5? Try 27%. xD