Reduction of VAT Rates / IT Implementation
As part of the Corona economic stimulus package, CDU/CSU and SPD have agreed on a temporary reduction in VAT: According to this agreement, the standard tax rate will be reduced from 19% to 16% and the reduced VAT rate from 7% to 5%. The reduction will be effective for the period from 1 July 2020 to 31 December 2020.
In the webinar we will give you a general overview of the problem and offer you the opportunity to ask questions from your own practice. In particular, we will address aspects of time limitation as well as discuss issues of IT-related implementation and adjustment of invoices.
We will deal with the following topics in detail
- Legal basis
- Temporal delimitation - special questions and sector specifics
- Necessary IT system adjustments and implementation, e.g. for invoicing (representation in SAP)
- Practical advice / Q&A
The webinar is free of charge for you. We look forward to welcoming you to our webinar.