The Federal Council has approved the Wachstumschancengesetz . The original increase in domestic flat rates was canceled. This means that the previous flat rates for Germany will also apply in 2024.
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Tag Archive for: Travel expenses
End of VAT reduction, increase in flat rates and non-monetary compensation. What’s new in 2021?
An overview of the different file formats based on a travel expense report.
With the DATEV export you can easily provide your tax advisor with all relevant booking data of your travel expense reports. DATEV is a common format among tax consultants. Thus, you can be sure that your tax advisor can work with it. And because your tax advisor can post your travel expense reports faster, you save money.
As a result of the decision of the grand coalition on June 3, 2020, the value-added tax in Germany was reduced from 19 percent to 16 percent as of July 1, 2020, under the Corona Tax Relief Act. The reduced tax rate is now only 5% instead of 7%.