01.07.2020

Reduction of the German VAT from 1 July 2020

Photo: WFBB

The German Federal Government has adopted an economic stimulus package to temporarily reduce value added tax for the period from 1 July 2020 to 31 December 2020.
The value added tax will be reduced from 19% to 16% and the reduced rate from 7% to 5%.
mawa will naturally pass on this reduction and our customers will receive the reduced VAT rate of 16% on products and services.

If you have any questions, please do not hesitate to contact us.

 

 

 

 


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