{"id":11072,"date":"2020-06-25T11:00:00","date_gmt":"2020-06-25T11:00:00","guid":{"rendered":"https:\/\/staging.zapliance.com\/?p=11072"},"modified":"2022-08-26T13:19:37","modified_gmt":"2022-08-26T13:19:37","slug":"first-the-infection-rate-drops-then-tax-are-you-prepared","status":"publish","type":"post","link":"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/","title":{"rendered":"First the infection rate drops, then tax: are you prepared?"},"content":{"rendered":"\n

On 12th<\/sup> June 2020, the German Federal Cabinet passed a short-term decision to reduce VAT as of 1st<\/sup> July 2020 as part of an economic stimulus package.<\/p>\n\n\n\n

What was intended as a well-intentioned aid measure to overcome the coronavirus crisis, quickly brought beads of sweat to the brow of many decision-makers.<\/p>\n\n\n\n

They had just come out of the crisis mode, which meant short-time work and a reduced workforce for some, and then this. Just under three weeks to change the reduced tax rates from 19% to 16%, or 7% to 5%.<\/p>\n\n\n\n

So, the celebration of the tax relief must have been short lived. Especially since the sales tax in B2B companies is only a transitory item and does not relate to the end consumer.<\/p>\n\n\n\n

What remains is merely the technical effort. And even B2C companies are faced with the decision of whether to pass on this reduction to their end customers and what effects this will have on the adaptation of the systems.<\/p>\n\n\n\n

Last but not least there is auditing, which has been perfectly prepared thanks to zap Audit, but more on that later\u2026<\/p>\n\n\n\n

But let\u2019s start at the beginning.<\/p>\n\n\n\n

How do you feel about implementing the tax cut?<\/p>\n\n\n\n

Two new corona data indicators in zap Audit<\/h2>\n\n\n\n

Short question: Why two indicators? So that you can evaluate both purchasing and sales.<\/p>\n\n\n\n

We didn\u2019t hesitate for long and immediately started thinking about what the indicators for your temporary tax cut review could be.<\/p>\n\n\n\n

The result is two \u201ccorona indicators\u201d which we are making available to all our zap Audit users free of charge in one of the following versions.<\/p>\n\n\n\n

This means you can quickly and easily perform a kind of \u201cquick check\u201d in SAP.<\/p>\n\n\n\n

So, let\u2019s have a look at the two indicators.<\/p>\n\n\n\n

One indicator for the analysis of output tax in SAP<\/h3>\n\n\n\n

In zap Audit, the indicator \u201cExcessively high VAT rates (outgoing invoices) within the framework of the Corona Tax Assistance Act\u201d will be called \u201cToo high VAT rates (outgoing invoices) within the framework of the Corona Tax Assistance Act\u201d and will only be applied to German company codes.<\/p>\n\n\n\n

This is because there is a risk that too much sales tax is shown on outgoing invoices.<\/p>\n\n\n\n

Despite an incorrect tax rate that is too high, you still owe the tax amount shown to the tax office.<\/p>\n\n\n\n

Extensive invoice corrections can be the result.<\/p>\n\n\n\n

Your customers have problems with the input tax deduction (business) or pay too higher prices for services (end consumer) due to an incorrect invoice.<\/p>\n\n\n\n

The indicator examines outgoing invoices in German company codes for services provided from 1st<\/sup> July 2020 to 31st<\/sup> December 2020 and checks whether outgoing services were reported with 19% or 7% VAT.<\/p>\n\n\n\n

The document date is used for the accrual period and it is assumed that the document date corresponds to the service date.<\/p>\n\n\n\n

In summary, this results in the well-known three-way split (indicator \u2013 profile \u2013 document) in zap Audit:<\/p>\n\n\n\n

\"Corona-Indicators-tax\"\/<\/figure>\n\n\n\n

A second indicator for the analysis of input tax in SAP<\/h3>\n\n\n\n

The second indicator in zap Audit will be called \u201cExcessive VAT rates (incoming invoices) under the Corona Tax Assistance Act\u201d.<\/p>\n\n\n\n

This serves as a counterpart to the first indicator in zap Audit in purchasing.<\/p>\n\n\n\n

The corresponding risk is that input tax is drawn on the basis of an incorrect tax statement on the incoming invoice and the amount of input tax claimed is therefore illegal.<\/p>\n\n\n\n

The indicator therefore examines incoming invoices in German company codes for services that were performed from 1st<\/sup> July 2020 to 31st<\/sup> December 2020. It checks whether incoming services were still reported with 19% or 7% VAT.<\/p>\n\n\n\n

The document date is used for the accrual period and it is assumed that the document date corresponds to the service date.<\/p>\n\n\n\n

To provide you with the best possible support, we have also thought of a surprise, which we will publish in August, as well as the indicators.<\/p>\n\n\n\n

You can look forward to the summer break, which we will also be taking in July.<\/p>\n\n\n\n

If you are interested in our latest indicators, please feel free to email us at info@staging.zapliance.com<\/a>. Also, if you have an idea of what else might be useful as an indicator in coronavirus times, please let us know.<\/p>\n","protected":false},"excerpt":{"rendered":"

On 12th June 2020, the German Federal Cabinet passed a short-term decision to reduce VAT as of 1st July 2020 as part of an economic stimulus package. What was intended as a well-intentioned aid measure to overcome the coronavirus crisis, quickly brought beads of sweat to the brow of many decision-makers. They had just come out of […]<\/p>\n","protected":false},"author":4,"featured_media":10699,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[38,37,40],"tags":[],"class_list":["post-11072","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-en-audit","category-en-compliance","category-en-finance"],"acf":[],"yoast_head":"\nFirst the infection rate drops, then tax: are you prepared? - zapliance<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First the infection rate drops, then tax: are you prepared? - zapliance\" \/>\n<meta property=\"og:description\" content=\"On 12th June 2020, the German Federal Cabinet passed a short-term decision to reduce VAT as of 1st July 2020 as part of an economic stimulus package. What was intended as a well-intentioned aid measure to overcome the coronavirus crisis, quickly brought beads of sweat to the brow of many decision-makers. They had just come out of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/\" \/>\n<meta property=\"og:site_name\" content=\"zapliance\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-25T11:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-26T13:19:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/08\/Blog-Dummy.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2400\" \/>\n\t<meta property=\"og:image:height\" content=\"962\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Nick Gehrke\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nick Gehrke\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/\"},\"author\":{\"name\":\"Nick Gehrke\",\"@id\":\"https:\/\/staging.zapliance.com\/en\/#\/schema\/person\/8082e13c2d71610651baf9627ea0e18f\"},\"headline\":\"First the infection rate drops, then tax: are you prepared?\",\"datePublished\":\"2020-06-25T11:00:00+00:00\",\"dateModified\":\"2022-08-26T13:19:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/\"},\"wordCount\":711,\"publisher\":{\"@id\":\"https:\/\/staging.zapliance.com\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/08\/Blog-Dummy.png\",\"articleSection\":[\"Audit\",\"Compliance\",\"Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/\",\"url\":\"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/\",\"name\":\"First the infection rate drops, then tax: are you prepared? - zapliance\",\"isPartOf\":{\"@id\":\"https:\/\/staging.zapliance.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/08\/Blog-Dummy.png\",\"datePublished\":\"2020-06-25T11:00:00+00:00\",\"dateModified\":\"2022-08-26T13:19:37+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/#primaryimage\",\"url\":\"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/08\/Blog-Dummy.png\",\"contentUrl\":\"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/08\/Blog-Dummy.png\",\"width\":2400,\"height\":962},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Startseite\",\"item\":\"https:\/\/staging.zapliance.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"First the infection rate drops, then tax: are you prepared?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/staging.zapliance.com\/en\/#website\",\"url\":\"https:\/\/staging.zapliance.com\/en\/\",\"name\":\"zapliance\",\"description\":\"Be the agent of change\",\"publisher\":{\"@id\":\"https:\/\/staging.zapliance.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/staging.zapliance.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/staging.zapliance.com\/en\/#organization\",\"name\":\"zapliance\",\"url\":\"https:\/\/staging.zapliance.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/staging.zapliance.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/06\/zap_logo.svg\",\"contentUrl\":\"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/06\/zap_logo.svg\",\"width\":200,\"height\":45,\"caption\":\"zapliance\"},\"image\":{\"@id\":\"https:\/\/staging.zapliance.com\/en\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/staging.zapliance.com\/en\/#\/schema\/person\/8082e13c2d71610651baf9627ea0e18f\",\"name\":\"Nick Gehrke\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/staging.zapliance.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/07\/avatar_user_4_1657803044-96x96.jpg\",\"contentUrl\":\"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/07\/avatar_user_4_1657803044-96x96.jpg\",\"caption\":\"Nick Gehrke\"},\"description\":\"is Chief of Data & Knowledge and Co-Founder at zapliance as well as Professor of Information Systems with a Big 4 background. He prefers to work as a business information scientist and tax consultant at the converging points of finance, accounting, taxation, audit and ERP systems, data science and information technology.\",\"url\":\"https:\/\/staging.zapliance.com\/en\/blog\/author\/nick-gehrke\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"First the infection rate drops, then tax: are you prepared? - zapliance","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"First the infection rate drops, then tax: are you prepared? - zapliance","og_description":"On 12th June 2020, the German Federal Cabinet passed a short-term decision to reduce VAT as of 1st July 2020 as part of an economic stimulus package. What was intended as a well-intentioned aid measure to overcome the coronavirus crisis, quickly brought beads of sweat to the brow of many decision-makers. They had just come out of […]","og_url":"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/","og_site_name":"zapliance","article_published_time":"2020-06-25T11:00:00+00:00","article_modified_time":"2022-08-26T13:19:37+00:00","og_image":[{"width":2400,"height":962,"url":"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/08\/Blog-Dummy.png","type":"image\/png"}],"author":"Nick Gehrke","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Nick Gehrke","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/#article","isPartOf":{"@id":"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/"},"author":{"name":"Nick Gehrke","@id":"https:\/\/staging.zapliance.com\/en\/#\/schema\/person\/8082e13c2d71610651baf9627ea0e18f"},"headline":"First the infection rate drops, then tax: are you prepared?","datePublished":"2020-06-25T11:00:00+00:00","dateModified":"2022-08-26T13:19:37+00:00","mainEntityOfPage":{"@id":"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/"},"wordCount":711,"publisher":{"@id":"https:\/\/staging.zapliance.com\/en\/#organization"},"image":{"@id":"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/#primaryimage"},"thumbnailUrl":"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/08\/Blog-Dummy.png","articleSection":["Audit","Compliance","Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/","url":"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/","name":"First the infection rate drops, then tax: are you prepared? - zapliance","isPartOf":{"@id":"https:\/\/staging.zapliance.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/#primaryimage"},"image":{"@id":"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/#primaryimage"},"thumbnailUrl":"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/08\/Blog-Dummy.png","datePublished":"2020-06-25T11:00:00+00:00","dateModified":"2022-08-26T13:19:37+00:00","breadcrumb":{"@id":"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/#primaryimage","url":"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/08\/Blog-Dummy.png","contentUrl":"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/08\/Blog-Dummy.png","width":2400,"height":962},{"@type":"BreadcrumbList","@id":"https:\/\/staging.zapliance.com\/en\/blog\/first-the-infection-rate-drops-then-tax-are-you-prepared\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Startseite","item":"https:\/\/staging.zapliance.com\/en\/"},{"@type":"ListItem","position":2,"name":"First the infection rate drops, then tax: are you prepared?"}]},{"@type":"WebSite","@id":"https:\/\/staging.zapliance.com\/en\/#website","url":"https:\/\/staging.zapliance.com\/en\/","name":"zapliance","description":"Be the agent of change","publisher":{"@id":"https:\/\/staging.zapliance.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/staging.zapliance.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/staging.zapliance.com\/en\/#organization","name":"zapliance","url":"https:\/\/staging.zapliance.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/staging.zapliance.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/06\/zap_logo.svg","contentUrl":"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/06\/zap_logo.svg","width":200,"height":45,"caption":"zapliance"},"image":{"@id":"https:\/\/staging.zapliance.com\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/staging.zapliance.com\/en\/#\/schema\/person\/8082e13c2d71610651baf9627ea0e18f","name":"Nick Gehrke","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/staging.zapliance.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/07\/avatar_user_4_1657803044-96x96.jpg","contentUrl":"https:\/\/staging.zapliance.com\/wp-content\/uploads\/2022\/07\/avatar_user_4_1657803044-96x96.jpg","caption":"Nick Gehrke"},"description":"is Chief of Data & Knowledge and Co-Founder at zapliance as well as Professor of Information Systems with a Big 4 background. He prefers to work as a business information scientist and tax consultant at the converging points of finance, accounting, taxation, audit and ERP systems, data science and information technology.","url":"https:\/\/staging.zapliance.com\/en\/blog\/author\/nick-gehrke\/"}]}},"views":1184,"_links":{"self":[{"href":"https:\/\/staging.zapliance.com\/en\/wp-json\/wp\/v2\/posts\/11072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.zapliance.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.zapliance.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.zapliance.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.zapliance.com\/en\/wp-json\/wp\/v2\/comments?post=11072"}],"version-history":[{"count":1,"href":"https:\/\/staging.zapliance.com\/en\/wp-json\/wp\/v2\/posts\/11072\/revisions"}],"predecessor-version":[{"id":11073,"href":"https:\/\/staging.zapliance.com\/en\/wp-json\/wp\/v2\/posts\/11072\/revisions\/11073"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.zapliance.com\/en\/wp-json\/wp\/v2\/media\/10699"}],"wp:attachment":[{"href":"https:\/\/staging.zapliance.com\/en\/wp-json\/wp\/v2\/media?parent=11072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.zapliance.com\/en\/wp-json\/wp\/v2\/categories?post=11072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.zapliance.com\/en\/wp-json\/wp\/v2\/tags?post=11072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}