Government bills24
- HE 7/2025 vpPassed
Making ASP saving terms more flexible
The home saving scheme (ASP) aimed at first-time home buyers will be reformed and its provisions consolidated into a single act. The upper age limit for saving will be abolished, the number of repayment-free periods increased, and the minimum saving period will begin to be counted in months rather than quarters.
15 May 2025 · 2 votes102 jaa52 ei - HE 218/2022 vpPassed
Lowering consumer credit interest caps
The interest rate cap on consumer credit will be lowered and new restrictions will be placed on credit marketing to curb over-indebtedness. In online shops, paying by invoice will require strong customer authentication, and payment methods involving credit may no longer be offered as the default option.
23 Feb 2023 · 1 voteOnly vote · 1. lakiehdotus, 7 luvun 17 a § , mietintö / Veikko Vallin
106 jaa42 ei - HE 119/2022 vpPassed
Flexible export credits and risk management
Finnvera and Finnish Export Credit will receive more flexible means to manage the interest rate and credit risks of export and ship credits. The amendment will streamline the granting of public export financing, particularly when commercial banks do not offer financing.
17 Jan 2023 · passed without a vote - HE 202/2022 vpPassed with amendments
Tightening corporate interest deduction rules
Companies' ability to deduct interest expenses in taxation using the balance sheet comparison will be restricted if interest is paid to significant owners. At the same time, companies carrying out public infrastructure projects will be permitted wider deduction of interest expenses.
21 Nov 2022 · passed without a vote - HE 142/2022 vpPassed with amendments
Increasing payment-free months in distraint
The number of payment-free months for low-income debtors under enforcement will be increased, leaving them with more money for their own use. In addition, exceptionally high expenses incurred in acquiring income, such as commuting costs, may reduce monthly distraint.
18 Nov 2022 · passed without a vote - HE 124/2022 vpPassed
Repealing Netherlands Antilles savings tax act
Finland will repeal an outdated act concerning the automatic exchange of tax information on interest income with the Netherlands Antilles. Tax information will be exchanged under a broader international standard.
20 Oct 2022 · passed without a vote - HE 211/2021 vpPassed
Tightening interest deduction limitations
The ability of companies to deduct interest expenses in taxation using the balance sheet test will be tightened if the corporate group is financed by a significant owner. At the same time, infrastructure companies owned by public sector entities will be exempted from interest deduction limitations.
14 Dec 2021 · passed without a vote - HE 239/2020 vpPassed
Recovering unlawful venture capital aid
The state will be able to recover state aid for venture capital activities that has been granted unlawfully. Decisions on recovery and the determination of interest will be made by the Innovation Funding Agency Business Finland.
23 Sep 2021 · passed without a vote - HE 171/2020 vpPassed with amendments
Strengthening banks' resilience and supervision
Capital requirements, resolution rules and supervisory powers for banks and other credit institutions will be reformed in line with EU regulation. The reforms strengthen the resilience of the financial sector and reduce the need for public funds in potential banking crises.
11 Mar 2021 · passed without a vote - HE 54/2020 vpPassed with amendments
Harmonising excise and car tax procedures
The declaration, payment and appeal procedures for excise duties and car tax will be reformed and harmonised with other taxes. Excise duties will become self-assessed taxes and their payment deadlines will be extended.
4 Nov 2020 · passed without a vote - HE 53/2020 vpPassed
Temporary reduction of consumer credit interest rates
The interest rate on unsecured monetary credits granted to consumers will be temporarily capped at a maximum of 10 per cent, and the direct marketing of credits will be prohibited. The changes will protect consumers from financial difficulties and over-indebtedness caused by the coronavirus crisis.
23 Jun 2020 · 3 votesClosest vote · 17 c §, mietintö / Veikko Vallinin ehdotus
40 jaa12 ei - HE 33/2020 vpPassed
Lowering late payment interest on taxes
Late payment interest charged on tax payment arrangements and postponements will be temporarily reduced to 4 per cent. The change supports businesses and other taxpayers facing payment difficulties due to the coronavirus epidemic.
23 Apr 2020 · 5 votesClosest vote · 5 e §, Mietintö / Ville Vähämäki
31 jaa22 ei - HE 98/2019 vpPassed
Terminating obsolete savings income agreements
Finland will terminate obsolete agreements on the taxation of savings income concluded with eight British territories. The exchange of information will continue under more modern international standards.
6 Mar 2020 · passed without a vote - HE 24/2019 vpPassed
Changes to income taxation for 2020
Taxation of earned income will be eased for 2020 through index adjustments and by raising the earned income tax credit and the basic deduction. At the same time, the household expenses tax credit will be reduced and the mortgage interest tax deduction will begin to be phased out.
17 Dec 2019 · 9 votes126 jaa34 ei - HE 205/2018 vpPassed with amendments
Reforming regulation of supplementary pension institutions
Rules on the governance, supervision and information provided to insured persons by pension foundations and funds offering voluntary supplementary pensions will be reformed. Insured persons will begin receiving an annual free pension benefit statement on accrued pension rights and pension projections.
20 Dec 2018 · passed without a vote - HE 208/2018 vpPassed with amendments
Easier financial support for rental housing
Financial support measures for rental housing entities owning state-subsidised housing will be eased and brought forward. Amendments to loan terms, grants and partial loan forgiveness can be granted even before an entity drifts into serious financial difficulties.
19 Dec 2018 · passed without a vote - HE 150/2018 vpPassed with amendments
Tightening corporate interest deduction limits
Companies' ability to deduct interest on their loans in taxation will be tightened to prevent tax avoidance and aggressive tax planning. The restrictions will be extended to cover interest paid to banks and other external parties as well as real estate and agricultural activities.
5 Dec 2018 · 7 votesClosest vote · Lausumaehdotus, mietintö / Timo Harakka 3
87 jaa79 ei - HE 168/2018 vpPassed
Reforming tax information exchange with Aruba
Finland will repeal an outdated agreement with Aruba on the automatic exchange of savings interest information. Tax information exchange between the countries will follow a broader international standard.
13 Nov 2018 · passed without a vote - HE 140/2018 vpPassed with amendments
Digitalising tax decisions and construction reporting
The Finnish Tax Administration will be able to serve tax decisions and other documents electronically with the taxpayer's consent. In addition, builders of detached houses will no longer need to present building supervision with a certificate of a construction report submitted to the Finnish Tax Administration.
17 Oct 2018 · passed without a vote - HE 152/2017 vpPassed with amendments
Streamlining tax accounting and data exchange
The procedure for tax remittances to municipalities and other tax recipients will be accelerated by moving to monthly adjustment remittances and abolishing remittance interest. The Finnish Tax Administration will receive pension and benefit data directly from Kela (the Social Insurance Institution), making it easier to determine the correct tax rate.
21 Dec 2017 · passed without a vote