Glossary · Chapter 8: Work and the welfare state
arvonlisävero
Finnish word. In English: value added tax (VAT)
A tax included in the price of most goods and services. Short form alv.
Facts about the word
- The general VAT rate is 25.5 percent. It rose from 24 percent on 1 September 2024. Verohallinto
- For example food, medicines and books have a rate of 13.5 percent from the start of 2026. Before that it was 14 percent. Verohallinto
- For newspapers and magazines, VAT is 10 percent. Verohallinto
The facts come from public sources, such as the authorities' own pages and the law.
Try the word in a sentence
Only one of the sentences uses the word correctly. Which one?
VAT is in the price of purchases, 13.5 percent for food. It has nothing to do with a citizenship application or sweets.
The word belongs to Chapter 8: Work and the welfare state. The chapter page has the full context and practice questions.
