With the economic stimulus package will relieve the Federal government of the Corona-stricken population. The VAT drops, But Aldi goes a step further.

Mülheim - The Coronavirus* is causing massive economic difficulties - both for the people in the country as well as in businesses. Now the economy is to help package the Federal government to bring the ailing economy back on track.

The Grand coalition , German Chancellor Angela Merkel* has decided on a tax reduction - as of Wednesday, the 1. July 2020 , apply the new tax rates. The VAT will be lowered from 19 to 16 percent, this applies for the time being until the end of the year.

Who wants to buy a new car or new furniture, you can certainly save a lot of. In the case of things of daily use, the saving factor, however, is significantly lower.

way agreed free for limited #of VAT reduction and other tools from the #stimulus package|s: The @Federal Council in special session on the #Corona tax assistance act. Thus, the #child bonus, as well as support for #Single and #business. https://t.co/RIXDMwKzZ7 pic.twitter.com/eEdqSScTAm

— BMF (@BMF_Bund) June 29, 2020

Aldi: Higher VAT reduction as the Federal government

The VAT rate on food and a lot of drugstore articles falls by only two percent, from 7 to 5 percent. In order to create the customer, a purchase incentive, and especially the decision of advertising to make effective use of, invent now retailers, including Aldi Süd and Aldi Nord your own fictitious "tax rate".

The two Discounter chains have been on the 27. June, the price on the entire stock of three per cent. This is also the action items are affected.

Similar power meanwhile, the competition among the food, cheap retailers. Other discounters were already turned on price. the Lidl lowered the VAT percentage for the entire range of products last Monday, the same globe announced.

VAT reduced: Also Lidl, Globus and net fit prices

And in net will be rounded off since the start of the week only on tens-of-cents, as a spokeswoman said. Thus, the so-called 9-rule applies when the price for decades as the main incentive to buy in the supermarket shelf also falls until Further notice.

According to the common assumptions of the psychology of sale and full prices give the customers mostly the feeling that something is expensive. A product cost of about 2,99 instead of € 3, increased the possibility that a customer purchased a product.

Also here applies: In the case of smaller purchases, the customer will probably get little to feel of the lowered prices, since to cent amounts. Even if experts criticism on the VAT-expressed reduction - in the case of large purchases, additional tax cuts could well pay off. *Merkur.de is part of the Ippen-Digital-network

Date Of Update: 30 June 2020, 08:34