… Sales tax reduction in Germany and Austria for 2020
Due to the Covid-19 measures, tax adjustments have been decided on by the governments in Germany and Austria over the last few days, which are also relevant for you and therefore have to be implemented accordingly. In the period from 01.07.2020 to 31.12.2020, reduced VAT rates now apply, which have to be deposited in your easycamp system. In concrete terms, this means that
- the standard tax rate for Germany will be reduced from 19% to 16% and the reduced tax rate from 7% to 5%
- for Austria, that the tax rate for tourism, gastronomy and culture will be reduced to 5%.
… UPDATE for Austria
After initial uncertainties among our customers, we are pleased that the temporary reduction in value-added tax – today on the 30.6.2020 – was finally extended and approved by the National Council. Here is a link from the Austrian Federal Ministry of Finance that might be of interest to you: BMF-Info.