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Finland·Vero

Farm records use 13.5% VAT for the relevant sales and purchases

Vero’s agricultural record template replaces the 14% labels with 13.5%. Keep reduced-rate entries separate from 25.5% sales, exempt income and other purchase rates.

By Taxxa AI Oy · Published 4 September 2026

Tax

Agricultural businesses should use the 13.5% VAT category for the relevant sales and deductible purchases in Vero’s record-keeping template.Vero The sales heading now lists 13.5% directlyVero, replacing a 14% headingVero that already noted the change from 1 January 2026Vero. The deductible-purchases heading now refers to 13.5% and 10%.Vero

The change does not put every farm transaction into the reduced-rate category.Vero Taxable sales at 13.5% cover livestock-product sales, crop-product sales and accommodation-service income.Vero Taxable sales at 25.5% keep three separate rows: animal sales income, livestock sales allocated as income for the tax year, and other sales income.Vero

VAT-exempt income is also recorded separately. VAT-exempt sales cover state support, other exempt subsidies and compensation, direct recognition of the equalisation reserve and other exempt agricultural income. On the expenditure side, purchases deductible for VAT at 25.5% remain distinct from the heading for deductible purchases at 13.5% and 10%. Income and expenditure figures in the agricultural calculation are entered without the VAT component.

The records must support the information in the agricultural tax return. Vero requires itemised income and related expenditure, the VAT amount and tax bases, and subsidies received. Dated and numbered supporting documents form the basis for chronological entries. Income is recorded when received or credited to an account, and expenditure when paid.

For a VAT-registered agricultural business with a monthly or quarterly tax period, transactions affecting output and deductible VAT must be recorded month by month no later than the twelfth day of the second month following the relevant month.Vero The records and attachments must be kept for six years from the end of the tax year.Vero

The rate-label correction therefore calls for checking both sides of the farm’s VAT records while retaining the existing distinctions between taxable categories, exempt income and deductible expenditure. The earlier template’s January 2026 note identifies the rate transitionVero; the September wording change does not establish a new September start dateFinlex.

The legal basis is VAT Act sections 84–85 for the applicable rates.

Check that agricultural sales and deductible purchases use the correct VAT categories, including 13.5%, and keep the VAT amounts separately identifiable.

Sources

  1. Muistiinpanot - maatalousyrittäjä
  2. Laki arvonlisäverolain 85 §:n muuttamisesta
  3. Arvonlisäverolaki

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