30 June 2017
Switzerland is proposing to amend the VAT law to state that suppliers with a global turnover exceeding CHF 100,000 (approx. £80,000), will have to register and account for VAT on supplies made in Switzerland.
Under the current VAT rules suppliers are only obliged to register in Switzerland if their supplies in the country exceed the CHF 100,000 threshold, however if these new rules are introduced this will no longer be the case and companies will have to look at their worldwide turnover to see if they exceed this threshold.
If accepted, then this will be implemented from 1 January 2018.
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