After long negotiations Germany government has approved the decision to reduce VAT rate in order to stimulate economy. The change in VAT rate is for temporary period: from 1 July 2020 till 31 December 2020.
| VAT type
|
Current rate | 1 July 2020 – 31 December 2020 |
| Standard VAT rate
|
19% | 16% |
| Reduced VAT rate | 7% | 5% |
VAT rates applicable in Germany and other countries can easily be found in our tax map: https:/tax-map/
