![]() ![]() A reduced rate of 7% is applied to a small number of goods including books, magazines, and many foods and beverages. VAT of 19% is usually added to the initial purchase price. In Germany, Umsatzsteuer, known as value-added tax or VAT in English, is charged on most goods and services. The best thing about them is that you aren’t just paying VAT you can also reclaim the VAT you paid on business expenses.īut let’s start from scratch. This return, called the Umsatzsteuervoranmeldung or advance VAT return, must be sent to the Finanzamt (tax office) on a monthly or quarterly basis.īut there is no need to panic: These monthly or quarterly VAT returns are not so complicated and can often be completed in just a few minutes. As if the annual VAT return wasn’t enough, freelancers also have to submit regular VAT returns throughout the year. ![]()
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