As part of the fiscal stimulus and the aid measures in the wake of the Covid19 pandemic, inter alia, the German value added tax (VAT) was reduced for deliveries and services from 1 July 2020 to 31 December 2020.
Thus, the general tax rate will be 16% (previously: 19%) and the reduced tax rate 5% (previously: 7%) from 1 July 2020
Adaption in CarLo – quick & easy:
No CarLo update is necessary for the adaption of the new VAT rates, you can create them in only 4 steps. The daily business is thus not interrupted and nothing stymies the smooth work processes.
Our service department is available for further information about the adaption in CarLo by phone under +49 831 57407 500. You can also contact us via e-mail at email@example.com or using our LIVE chat.
Additional information about the VAT reduction was provided in the version training on 9 and 10 June 2020, which can be downloaded from the marketplace as a video recording.