Germany temporarily reduces VAT rates
From 1st July to 31st December 2020, the VAT rate is to be reduced from 19 per cent to 16 per cent and for the reduced rate from 7 per cent to 5 per cent.
The largest grocery retailers such as Schwarz Group, Aldi Nord and Süd, Edeka and Rewe announced to pass on tax cuts to consumers. With non food chains the situation is not as clear. Due to loss of sales during lockdown many operators mull, how to react.
Tags: áfa, Németország
Related news
Lidl to introduce digital deposit receitps in Germany
From August 4, 2025, Lidl will introduce digital bottle deposit…
Read more >German building minister: apartments could be built above supermarkets
Germany’s Building Minister Verena Hubertz is urging major retail chains…
Read more >
More related news >
Related news
Chicken is getting more expensive, eggs are getting more expensive – this is what awaits Hungarian consumers now
A significant price increase has taken place on the domestic…
Read more >2025 brought an unpredictable season to the stone fruit market
The 2025 stone fruit season is characterised by contrasting trends…
Read more >#MatchaTok is taking over: Japanese green tea powder has become the new favorite on social media
The #MatchaTok trend that started on TikTok has taken the…
Read more >