VAT reduction for the catering industry extended


On February 3rd, the federal government's coalition committee met to discuss current issues. One of the main topics was the catering industry, which has been heavily impacted by the current situation. Due to the closures of the last few months, the companies were also unable to benefit from support measures such as the VAT reduction, which expired at the turn of the year.

The coalition partners have therefore agreed to extend the VAT reduction for the catering industry until December 31, 2022. Previously, only a reduction was planned until June 30th. As a result of the agreement, the reduced VAT rate of 7% on food instead of the regular 19% will now apply until the end of 2022.

Restaurants sind besonderes von der aktuellen Lage betroffen

Sources: Eigene Recherche

Author: Tom Schmidt, part of the Team. Contact to the author: