The Limited Times

Now you can see non-English news...

Reduced tax rate until the end of 2023: seven percent VAT for gastronomy extended

2022-10-07T11:45:23.210Z


The reduced tax rate in the catering industry introduced during the corona pandemic will remain in place until the end of 2023 according to a decision by the Federal Council. However, some benefit permanently from the reduction.


Enlarge image

Restaurant in Berlin: Reduced tax rate by the end of 2023 (picture from 2021)

Photo: Annette Riedl / dpa

The Federal Council has finally decided to extend the reduction in VAT for gastronomy.

"Until the end of 2023, the reduced sales tax rate of seven percent on restaurant and catering services will remain," said the regional chamber.

Beverages are excluded from this.

The reduced tax rate was introduced during the corona pandemic and would have expired at the end of 2022.

In addition, the reduced tax rates for small and medium-sized breweries, which were initially introduced temporarily, will be »permanently suspended«.

The aim is to "strengthen the unique variety of beers and the art of brewing, as well as the brewery structure, which is characterized by medium-sized companies," explained the Federal Council.

In addition, the wort required for the production of beer is exempt from the beer tax.

The Bundestag passed the corresponding law on September 22nd.

With the green light from the Federal Council, it will now be submitted to the Federal President for signature and will then come into force.

aeh/afp

Source: spiegel

All business articles on 2022-10-07

You may like

Life/Entertain 2024-02-10T04:37:29.315Z
Life/Entertain 2024-02-11T04:23:45.818Z
Life/Entertain 2024-02-06T20:23:19.776Z
Life/Entertain 2024-02-07T08:03:39.308Z
News/Politics 2024-02-15T12:52:19.624Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.