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country-icon Allemagne

10.20.23

Energy VAT rate re-instatement

The pandemic triggered a whole host of VAT changes on a scale previously unseen. Other seismic events, such as Russia-Ukraine conflict, similarly had a significant effect on VAT rates, critically impacting supply chains and particularly impacting the energy sector. This, coupled with inflation, means VAT rates and their recurring assessment has always been an integral part of country fiscal planning.

Germany had initially planned to cease its temporary energy reduction from 19% to 7% on 31 March 2024. However, easing inflation has meant that it is now contemplating reversing the VAT rate to its original rate somewhat earlier, from 31 December 2023.

The VAT rate re-instatement is yet to be confirmed.

Germany is a compliant territory for Kofax, and our e-invoicing solution supports all valid VAT rates in the country today.

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