4 June 2020
The German tax office has today announced the following VAT rate reductions, which will be implemented for the period of 1 July 2020 to 31 December 2020:
- Standard VAT rate – reduced to 16% from 19%
- Reduced VAT rate – reduced to 5% from 7%
It is hoped that these reductions will help boost the German economy as the country comes out of lockdown.
If you have any queries regarding the German VAT rate changes, please reach out to your usual Fiscal Solutions contact. Alternatively, click here and a member of our team will be in touch.
LATEST NEWS
Romania Proposes Fixed Levy on Low-Value E-Commerce...
Romania has proposed the introduction of a fixed charge on certain low-value consignments, valued under €150, entering the country from outside the European...
SEE MORE
LATEST NEWS
France Proposes €2 Customs Charge on Low-Value...
In October 2025, the French government unveiled its 2026 Finance Bill, which has been submitted to the National Assembly for debate before moving to the Senate...
SEE MORE
LATEST NEWS
Ireland to Introduce Mandatory E-Invoicing for...
Ireland has confirmed plans to implement a mandatory electronic invoicing regime for business-to-business (B2B) transactions, starting 1 November 2028. This...
SEE MORE