VAT rates reduction in Germany between July 2020 and January 2021Edit on GitHub
On 3 June 2020, the German parliament proposed to temporarily reduce the VAT rates from 1 July 2020 until 31 December 2020.
- Standard rate is to be reduced from 19% to 16%.
- Reduced rate is to be reduced from 7% to 5%.
If you need to adjust the VAT rate for your project accordingly, follow the guides:
- Managing Tax Rates and Sets to update the tax rates manually in the Back Office.
- HowTo - Get Ready for VAT (tax) Changes in Germany to schedule the tax rates updates in code.
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