Reduction of VAT in 2020

Dear customer, dear customer,

from 1 July, the rates of VAT will fall from 19% to 16% and from 7% to 5%. The reduction in VAT for six months is a key measure from the Corona package with which the Federal Government intends to cushion the economic impact of the pandemic. 

What does this mean for you as a customer?
Provided that you meet the requirements for input tax deduction, nothing will change for the time being, as VAT is a transitory item. For example, for customers who are not entitled to deduct input tax (including customers from other European countries without a valid EU VAT ID) or small businesses (according to § 19 UStG), the price surcharge for semi-finished dental products will be reduced from 7% to 5%, and for commercial articles even from 19% to 16%. This means that a 5-part zirconium bridge, for example, will be reduced from a gross price of €441.91 to €433.65. What at first sounds like not much, can be quite profitable with corresponding quantities.

Is this advantage passed on to the customer?
INFINIDENT will not use this reduction for a hidden price increase, but will pass on the resulting advantages directly to our customers.

What is to be done?
You as a customer do not have to do anything. Rather, from July 1, 2020 you will be shown the correspondingly reduced VAT rate when calculating gross prices (prices incl. applicable VAT).

Do you have any questions?
Our dental technology support team will be happy to answer them on +49 6151-396 1818.

 We thank you for your loyalty and support during this challenging time.

 Your Team INFINIDENT