{"id":27917,"date":"2026-07-06T12:29:05","date_gmt":"2026-07-06T10:29:05","guid":{"rendered":"https:\/\/fasnetwork.com\/?p=27917"},"modified":"2026-07-06T12:29:05","modified_gmt":"2026-07-06T10:29:05","slug":"mid-year-check-2026-review-your-figures-and-tax-opportunities","status":"publish","type":"post","link":"https:\/\/fasnetwork.com\/en\/mid-year-check-2026-review-your-figures-and-tax-opportunities\/","title":{"rendered":"Mid-Year Check 2026: Review Your Figures and Tax Opportunities"},"content":{"rendered":"\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<p class=\"wp-block-paragraph\">The first half of 2026 is complete. Now is an ideal time to review your businesses performance to date and plan any potential tax or accounting adjustments for the second half of the year in good time. <\/p>\n\n<p class=\"wp-block-paragraph\">In particular, the following questions arise:<\/p>\n\n<ul class=\"wp-block-list\">\n<li>How have revenue, costs and results developed in the first half of the year?<\/li>\n\n\n\n<li>Are there any tax changes that are relevant for your company?<\/li>\n\n\n\n<li>Are there any optimisation opportunities for the second half of the year?<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">Against this background, we provide an overview of some current tax changes that may be relevant for entrepreneurs depending on their individual situation and industry.<\/p>\n\n<h3 class=\"wp-block-heading\"><strong><strong>1. New Small Business Regulation (VAT)<\/strong><\/strong><\/h3>\n\n<p class=\"wp-block-paragraph\">What has changed?<\/p>\n\n<ul class=\"wp-block-list\">\n<li>The annual turnover threshold has been increased to \u20ac55,000 gross per year.<\/li>\n\n\n\n<li>Under certain conditions, the regulation now also applies to entrepreneurs based in other EU Member States.<\/li>\n\n\n\n<li>New 10% tolerance threshold: VAT exemption remains in force during the current year for turnover up to EUR 60,500. VAT liability for further turnover only arises if the threshold is exceeded by more than 10%. <\/li>\n<\/ul>\n\n<h3 class=\"wp-block-heading\"><strong>2. Adjustment of Income Tax Rates for 2026<\/strong><\/h3>\n\n<p class=\"wp-block-paragraph\">What has changed?<\/p>\n\n<p class=\"wp-block-paragraph\">As a result of the abolition of fiscal drag, income tax brackets are adjusted annually.<\/p>\n\n<p class=\"wp-block-paragraph\">Possible impacts<\/p>\n\n<ul class=\"wp-block-list\">\n<li>Adjustment of payroll tax calculations.<\/li>\n\n\n\n<li>The inflation-adjusted tax brackets <strong>may lead to a lower income tax burden<\/strong>.<\/li>\n\n\n\n<li>Income up to \u20ac13,539 remains tax-free<\/li>\n<\/ul>\n\n<h3 class=\"wp-block-heading\"><strong><strong><strong>3. Flat-rate Deduction for Income Tax: Increase of The Turnover Threshold to \u20ac420,000<\/strong><\/strong><\/strong><\/h3>\n\n<p class=\"wp-block-paragraph\">What has changed?<\/p>\n\n<ul class=\"wp-block-list\">\n<li>The turnover limit will increase from \u20ac320,000 to \u20ac420,000 in 2026.<\/li>\n\n\n\n<li>The flat-rate business expense deduction increases from 13.5% to 15%, up to a maximum of EUR 63,000.<\/li>\n\n\n\n<li>The reduced rate of 6% remains available for certain activities, including business consulting and educational services.<\/li>\n\n\n\n<li>Up to \u20ac63,000 can be claimed as a flat-rate operating expense.<\/li>\n<\/ul>\n\n<h3 class=\"wp-block-heading\"><strong>4. Flat-Rate VAT Scheme: 1.8% of Annual Net Turnover up to EUR 7,560<\/strong><\/h3>\n\n<p class=\"wp-block-paragraph\">What has changed?<\/p>\n\n<ul class=\"wp-block-list\">\n<li>1.8% of annual net turnover may be deducted as input VAT on a flat-rate basis.<\/li>\n\n\n\n<li>Due to the higher turnover threshold of \u20ac420,000, up to a maximum of \u20ac7,560<\/li>\n\n\n\n<li>The VAT flat-rate scheme must be assessed separately from the income tax basic flat-rate deduction.<\/li>\n<\/ul>\n\n<h3 class=\"wp-block-heading\"><strong>5. VAT reduction on selected foodstuffs from 1 July 2026<\/strong><\/h3>\n\n<p class=\"wp-block-paragraph\">What has changed?<\/p>\n\n<ul class=\"wp-block-list\">\n<li>From 1 July 2026, the VAT rate for selected foodstuffs will be reduced from 10% to 4.9%. This includes certain staple foods such as milk, dairy products, eggs, fruit, vegetables, cereal products, baked goods and table salt. <\/li>\n\n\n\n<li>Businesses selling affected goods should check in good time whether cash register systems, invoicing, price displays and accounting need to be adjusted accordingly.<\/li>\n\n\n\n<li>The rule does not automatically apply to all foodstuffs, but only to specific product groups.<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">Not every change affects every business in the same way. That is precisely why it is worth taking a look at your specific situation. <\/p>\n\n<p class=\"wp-block-paragraph\">A mid-year check can help you assess the development of the first six months, identify potential risks early and make use of tax or accounting optimisation opportunities for the second half of the year.<\/p>\n\n<p class=\"wp-block-paragraph\">If you would like to know how your company has developed in the first half of the year and whether action is required, we will be happy to support you with the assessment and further planning.<\/p>\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first half of 2026 is complete. Now is an ideal time to review your businesses performance to date and plan any potential tax or accounting adjustments for the second&hellip;<\/p>\n","protected":false},"author":5,"featured_media":27911,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-27917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fas-network"],"_links":{"self":[{"href":"https:\/\/fasnetwork.com\/en\/wp-json\/wp\/v2\/posts\/27917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fasnetwork.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fasnetwork.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fasnetwork.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/fasnetwork.com\/en\/wp-json\/wp\/v2\/comments?post=27917"}],"version-history":[{"count":2,"href":"https:\/\/fasnetwork.com\/en\/wp-json\/wp\/v2\/posts\/27917\/revisions"}],"predecessor-version":[{"id":27921,"href":"https:\/\/fasnetwork.com\/en\/wp-json\/wp\/v2\/posts\/27917\/revisions\/27921"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fasnetwork.com\/en\/wp-json\/wp\/v2\/media\/27911"}],"wp:attachment":[{"href":"https:\/\/fasnetwork.com\/en\/wp-json\/wp\/v2\/media?parent=27917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fasnetwork.com\/en\/wp-json\/wp\/v2\/categories?post=27917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fasnetwork.com\/en\/wp-json\/wp\/v2\/tags?post=27917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}