Deposits are subject to sales tax
Posted: Tue Jan 07, 2025 3:32 am
Implementing the deposit system in the cash register
Since the deposit is not part of the turnover, it is usually posted to a separate account , often called "revenue from empties" or something similar. When food is handed out, the item "deposit collected" is posted, and when containers are taken back, the item "deposit issued" is posted.
. A distinction is honduras phone phone data made between transport containers and goods packaging. Transport containers are packaging that makes it easier to transport, store or present goods, such as pallets or fresh food boxes. Goods packaging is containers that are directly required for the transport of food. This also includes to-go and take-away orders. The deposit collected is considered a delivery for sales tax purposes, and the refund is considered a reduction in the fee. At the end of the year, the balance and the sales tax due are calculated from this.
What you need to pay attention to with your reusable system
When introducing a reusable system in your café or restaurant in accordance with the Packaging Act, it is crucial that you choose the containers carefully . Take your time and compare the different solutions carefully. In addition to functional requirements (such as food certification) and price, sustainability aspects (such as material and recyclability) also play an important role, especially with reusable packaging .
food certification
Reusable containers must be suitable for contact with food (free of harmful substances!) and be certified accordingly. There are no clear specifications yet, but the EU-wide glass-fork symbol is established. A special feature is that the regulation only applies to containers if a certain minimum distance is ensured between the contents and the lid.
Since the deposit is not part of the turnover, it is usually posted to a separate account , often called "revenue from empties" or something similar. When food is handed out, the item "deposit collected" is posted, and when containers are taken back, the item "deposit issued" is posted.
. A distinction is honduras phone phone data made between transport containers and goods packaging. Transport containers are packaging that makes it easier to transport, store or present goods, such as pallets or fresh food boxes. Goods packaging is containers that are directly required for the transport of food. This also includes to-go and take-away orders. The deposit collected is considered a delivery for sales tax purposes, and the refund is considered a reduction in the fee. At the end of the year, the balance and the sales tax due are calculated from this.
What you need to pay attention to with your reusable system
When introducing a reusable system in your café or restaurant in accordance with the Packaging Act, it is crucial that you choose the containers carefully . Take your time and compare the different solutions carefully. In addition to functional requirements (such as food certification) and price, sustainability aspects (such as material and recyclability) also play an important role, especially with reusable packaging .
food certification
Reusable containers must be suitable for contact with food (free of harmful substances!) and be certified accordingly. There are no clear specifications yet, but the EU-wide glass-fork symbol is established. A special feature is that the regulation only applies to containers if a certain minimum distance is ensured between the contents and the lid.