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Germany Notification 1st January 2024 VAT

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Disclaimer: “Managed Rate Administration is a licensed service offered by SAP Concur with a recurring fee. The rate updates posted are for informational purposes. If you are an MRA customer, please open a ticket with support (with MRA in the subject line) to request the specific rate update. If you would like more information about licensing the service, please contact your SAP Concur Account Executive. Information about the service, please click here."

 

Dear administrator,

 

Germany has announced a change in the VAT rate applied to Meals as well as a change to the exemption limit for Gifts effective January 01, 2024.

 

Details in German can be found on:

Umsatzsteuer 2024: Wichtige Änderungen im Überblick | Steuern | Haufe

 

Summary of changes:

  • VAT rate applied for Meals has changed back to the Standard rate of 19% instead of the temporary 7% reduced VAT rate effective 1.1.2024. The measure is part of an end to the Covid-Related VAT adjustment package.
  • The exemption limit for Gifts to be VAT applicable will change from 35 EUR to 50 EUR effective 1.1.2024

 

Note: Please disregard these updates/changes if they do not apply to your SAP Concur configuration. Do not reply to this message. If these updates/changes apply to your configuration or you have questions, please, raise a Support case for MRA Team (Steps here)

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