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VAT reduction as a “bureaucratic Super-GAU” | courier.at

The rules for legally compliant accounting using the QR-Code, four different tax rates are not possible, Knasmüller. “Here, the cashier will need to be reprogrammed programs may be”. That this is possible in the short period of time, he said this was unlikely. However, the Ministry of Finance have the cash manufacturers with flexibility, so that as little as possible would need to be amended.

Consuming the new pricing, especially since the passing of the tax cut mostly out-of-round prices do not arise, the consumers are accustomed to. “98 percent of all the price signs in Austria are not yet digital”, white Zoglauer. He is puzzled about whether and how the company will take into account the reduction in tax is in the price details: The prices and discounts deduct or each product with a reduced VAT new price.

Free price formation in Germany

In Germany tax experts speak to whether the necessary changes, from a “bureaucratic Super-GAU”. The reduction in the VAT rate from 19 to 16 and 7 to 5 per cent from 1 was. July decided until the end of the year already. After an initial Outcry from the business community, the government relented and now allows the company to keep their price tags are the same. Instead, the customer could be deducted on the cash lump sum a discount. The right to free formation of prices is not cancelled in Germany. So it is the individual companies, the VAT reduction to customers.

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