VATupdate
VAT

Share this post on

BMF: Flat-rate for the distribution of total sales prices in the catering and hotel industry

The letter of Bundesministerium der Finanzen (Federal Ministry of Finance) 02.07.2020 brings relief for the gastronomy and the hotel industry. According to this, the restaurateur may use 30% of the flat price for the total price of food and beverages between 1 July 2020 and 30 June 2021. Accommodation companies may charge 15% of the flat rate (previously 20%) for services subject to the standard tax rate and not directly used for accommodation.

Source KMLZ

Unofficial translation in English

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com