June 12, 2020
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://1stopvat.com/tax-map/