SMEs demand VAT exemption on energy

The Federal Association of Medium-Sized Businesses BVMW is in favor of a temporary suspension of VAT on energy supplies.

“From the point of view of medium-sized companies, a possible temporary exemption from VAT for energy supplies would be a first step towards restoring consumer confidence,” says BVMW national chairman Markus Jerger to the newspapers of the “Funke Mediengruppe”. There is no need for higher gas prices as an incentive to save energy. “Gas heating must not become a luxury item just because the German governments have overslept the diversification of our energy supplies for years and have pushed for the parallel phase-out of coal and nuclear power without a real safety net.”

Source : https://globeecho.com/news/europe/germany/ukraine-live-blog-berlin-doubles-aid-commitments-for-developing-countries/