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On 31.12.2020 the low tax phase of the VAT ended. For all transactions carried out from 01.01.2021, a change will take place and the former VAT rates of 19% or 7% will apply again.
However, the reduced rate of 7% will be applied to restaurant and catering services (excluding beverages) in the period from 01.01. to 30.06.2021.
In addition to practical implementation difficulties, the temporary tax rate reduction has given rise to numerous issues in terms of substantive law.
We have summarized all questions and answers on the changes and adjustments to VAT for you!Read more