Tag: VAT
Cafe and Restaurant Prices Are Going Up! VAT Will Be Increased
The Ministry of Treasury and Finance is preparing to increase the VAT rates applied to businesses such as cafes and restaurants that provide food and beverage services. Ministry of Treasury…
Claim: VAT Rates and Exemptions Will Be Reviewed
It was claimed that Treasury and Finance Minister Mehmet Şimşek said, “We will not change the general rate of VAT, we will review the reduced VAT rates and exemptions.” Unfortunately,…
Mehmet Şimşek Announced: There Will Be No Increase in VAT and SCT
While Minister of Treasury and Finance Mehmet Şimşek said that tax increases that increase inflation, such as VAT and SCT, will not be repeated, “We have no choice but to…
SPD-Left and FDP want to permanently relieve gastronomy
Beer garden in the English Garden in Munich Dehoga fears that the company will die if the VAT rate is increased again. (Photo: picture alliance / SVEN SIMON) Berlin In…
VAT Increase Coming to iPhone Application Prices
Apple is starting to apply the same rate in the App Store with the increase of VAT from 18% to 20%. The date on which the prices to be regulated…
VAT and IMEI Fee Raised!
With the President’s Decision No. 7346 published in the Official Gazette, both VAT and registration fees and credit taxes of telephones brought from abroad were increased. Parallel to the decision…
Social Media Reactions to VAT Increase
July 7 was a day that will go down in Turkey’s history. Many items were hiked, including VAT, IMEI fee and credit taxes. So, what’s the pulse on social media?…
Increase in everything: VAT rates on all products have increased!
The decision to raise the Value Added Tax (VAT) was published in the Official Gazette with the decision of the Presidency. The Value Added Tax rate levied on all products…
Interest, inflation & Co. – More and more over-indebted people
Berlin For Marcel Fratzscher, the matter is clear: “Inflation was and is not only far too high, it also affects people with low incomes much more severely,” said the President…
Monika Schnitzer and Michael Hüther: Do higher taxes make sense?
However, Habeck brought up an alternative in his letter: higher income, and therefore also higher taxes. Would it be worth it? Two leading economists disagree. Monika Schnitzer, Chairwoman of the…
Higher VAT? Advance of the FDP causes trouble in the traffic light
A week later, VAT is actually being discussed in Germany. The reason is a push by the FDP parliamentary group for a fundamental tax reform. In a paper by the…
Food prices: Federal Environment Agency insists on value-added tax
Berlin weekly market From the point of view of the Federal Environment Agency (UBA), fruit, vegetables and grain should be completely exempt from VAT. (Photo: dpa) Berlin The debate about…
Food prices: Federal Environment Agency insists on value-added tax
Berlin weekly market From the point of view of the Federal Environment Agency (UBA), fruit, vegetables and grain should be completely exempt from VAT. (Photo: dpa) Berlin The debate about…
Netherlands to make VAT deduction for solar energy systems
European countries accelerated their renewable energy transformation due to the Russian crisis. The Netherlands has announced that it will abolish the Value Added Tax for solar energy systems used in…
Federal government wants to reduce VAT on gas
Berlin In view of the rapid rise in gas prices, the federal government wants to relieve consumers of VAT. In the future, the tax on gas will be seven percent…
Federal government wants to reduce VAT on gas
Berlin The federal government wants to demand a lower VAT rate on natural gas for a limited period. Chancellor Olaf Scholz announced on Thursday that the tax should be reduced…
Lindner is examining the exemption of the gas levy from VAT
Christian Lindner (FDP) The Federal Minister of Finance does not want to tax the gas surcharge. (Photo: IMAGO/photothek) Berlin Finance Minister Christian Lindner says he is examining all options for…
Relief package: Federal Environment Agency proposes tax breaks
Solar systems on house roofs The Federal Environment Agency advocates setting the VAT for solar systems to zero. This should create an incentive for the expansion of photovoltaics on roofs.…
Hamburg wants VAT off for food
Customers at a weekly market Berlin In view of rising food prices, Hamburg’s Senator for Consumer Protection, Anna Gallina (Greens), is calling for a VAT exemption for certain foods. The…
How things will continue after the crash of the stable coin Terra
Stable Coin “Terra” (3D Illustration) The token, which is actually stable in value, and the associated volatile token “Luna” were already practically worthless on Friday. (Photo: mauritius images / Valentyn…