{"id":5397,"date":"2020-07-02T15:26:16","date_gmt":"2020-07-02T14:26:16","guid":{"rendered":"https:\/\/cgate-logistics.com\/?p=5397"},"modified":"2020-07-03T07:28:11","modified_gmt":"2020-07-03T06:28:11","slug":"vat-changes-in-germany","status":"publish","type":"post","link":"https:\/\/cgate-logistics.com\/en\/blog\/informative\/vat-changes-in-germany\/","title":{"rendered":"VAT changes in Germany"},"content":{"rendered":"\t\t
\n\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
As a result of the Covid-19 pandemic, the federal German Government has decided that with effect from the 1st of July 2020, the VAT rate in Germany will be reduced from 19% to 16% on general goods and services and the reduced rate from 7% to 5%.<\/p>
This is an interim solution to support the German economy and is valid until the 31st of December 2020.<\/p>
What does this mean for you, your customers outside of Germany?<\/strong><\/span><\/p>
The chamber of commerce and the federal ministry for economy are expecting an increase of 15% on German imports.<\/p>
The CGATE Team is ready for an increase in volume and looking forward to support you with your shipments.<\/p>
Get in contact now with our experts to learn more about how you and your client can benefit.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
For further information contact our service team!<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t