How do I manage taxes and VAT?
A business must pay VAT if its annual turnover exceeds €20,000.
- Choose the correct VAT period (monthly, quarterly, annually)
- Adjust advance taxes as needed
- Submit VAT returns via OmaVero
A business must pay VAT if its annual turnover exceeds €20,000. VAT returns are submitted monthly, quarterly, or annually. Advance taxes are based on estimated profit and can be adjusted in OmaVero.
Back taxes will be charged if the advance payments are insufficient.
Business Advisor
Kenneth Dalkvist
- Running companies, new entrepreneurs, growth companies
- Business premises and facilities
- Regional responsibility: Vaasa, Korsholm
Business Advisor
Olav Nylund
- Running companies, new entrepreneurs, changes of ownership
- Innovation Boost project
- Regional responsibility: Malax, Vörå, Vaasa