The German government's economic stimulus package included a VAT reduction to 16% and 5% in the middle of the year. But this change is only limited until 31.12.2020. With the adjustment of the VAT rate, necessary facilities in Dynamics NAV / Dynamics 365 Business Central are again required in the existing VAT tool. Furthermore, a conversion of the existing receipts and further measures are necessary on the cut-off date.
Further information as well as instructions, videos, checklists and much more can be found on our website on the subject of "VAT rate change".
If you have any questions, please get in touch with your personal contact person at our company, send us a message to mehrwertsteuer[at]tso[dot]de or use our contact form.