It is communicated that down/advance payments made in 2020 (so received by the supplier in 2020) will still be liable to the reduced rates even if the transactions will be supplied in 2021 (but it is also allowed to charge the regular rates).
Down/advanced payments received after 31.12.2020 will be liable to the regular rates of 7% and 19% (even if invoiced still in 2020).
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Daniëlle van der Meulen-Idema
Sr. VAT Specialist