The Federal government waived the 20 billion euros in tax revenues, by encouraging the consumption with a VAT reduction. The discount is valid from 1. July to 31. December.

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worth The expensive measure but only if consumers are shopping thanks to lower prices even more. Critics have already expressed before the Start of the tax cut, that it was a gift to online retailers, the crisis came through the Corona and, therefore, no reason to have to lure customers with discounts.

online dealers will give only a small part of the tax reduction more

The fear came, like "world on Sunday" (doublet), citing a joint investigation with the price comparison portal Idealo reported.

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According to the report, 78 of the 100 top-cut after all, most online shops their prices in July compared with June. The study analysed the offers from giants like Amazon to smaller providers such as nettto-online.de

The sobering results: Only six of the providers (eight per cent) were more than two per cent cheaper. An average of all the 100 retailers surveyed online, the average price discount according to the study, at a modest 0.77 percent .

This is much less than the policy hoped for and as Amazon & co. also would be possible. Because the VAT reduction from 19 to 16 percent to the final price a discount of around 2.5 per cent.

In the case of basic foodstuffs and, for example, books that are subject to the seven percent to five percent, lowered reduced VAT would be a "discount" of 1.9% have been possible without a loss of profit for the dealer. But here, too, faulty display.

The percentages of 2.5 or 1.9 percent, by the way, because the state hits the VAT to the net price. To the current tax reduction from the gross price, the result is "crooked" Numbers.

the goods group, the "Baby and children" with the strongest price

bequests In a second Compared the study, which product groups have reduced the prices of online retailers particularly heavily. The price professionals looked at the five cheapest providers in the case of certain Goods.

Here is the result of something the consumer is friendly. In July, the prices were on average 1.89 percent lower than before the tax cut. The were a group of "Baby and child" was up three percent at the top. Electrical items are 2.23 percent cheaper, fashion 1.38 percent.

At the end of the rank list animal need is: The price reduction amounts to just 0.31 percent. Government lowers VAT: Here you will find out how much you can save Now to calculate!

politics does not would like to have greater VAT reductions

No wonder, then, that the policy is satisfied. You would like to have more pronounced discounts. Online merchants should behave towards consumers "fairly and with the VAT reduction pass," said Mr Christian Kastrop, Secretary of state in the Federal Ministry of justice and consumer protection in the report.

It can, therefore, find that The online dealers use an average tax reduction to estates very low price.

Because you must deliver less value added tax to the Minister of Finance, remains at the dealers the bottom line is more at them than before the tax cut. Of course the trader does not need to lower their prices – it's up to you, and not the Federal government.

But: you can be more generous. Because consumers help with their tax billion to mitigate the economic consequences of the Corona-crisis.

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Date Of Update: 13 July 2020, 10:28