VAT News

Search

The VAT exemption for educational services in accordance with sec. 4 no. 21 of the German VAT Act will be revised by the Annual Tax Act 2024 at the turn of the year. The certification procedure will remain in place. However, it will refer to new content, possibly meaning that all providers will urgently need a new certificate. Or perhaps not? The Federal Ministry of Finance has announced that the old certificates will continue to be valid. But can one rely on that? And another point: commercial education providers who were previously entitled to deduct input VAT could now face problems because the VAT exemption would no longer allow for input VAT deduction. Could one solution be simply not to apply for the new certificate?
more
VAT News 54/2024
Recently, the following developments occured in other countries: +++ Estonia increases standard VAT rate +++ Finland increased standard VAT rate +++ Italy updates the split payment list +++ Romania uses pre-filled VAT returns and introduces SAF-T reports +++ Slovakia amends VAT rates +++ Slovenia introduces VAT group and electronic invoices +++ Czech Republic to amend rules for input VAT
more
The issue of vouchers by voucher portals regularly constitutes intermediary services. In its recently published judgement of 5 September 2024 (V R 21/23), the German Federal Fiscal Court took a closer look at when these services are provided and at which amount they are to be taxed. The judgement was issued under the old legal situation. However, it is also relevant for the new legal situation and offers potential for structuring, particularly with regard to multi-purpose vouchers.
more

Pages