21 December 2023
From 1 January 2024, the Swiss tax authorities will increase the VAT rates in the country as follows:
- Standard rate - 7.7% to 8.1%
- Reduced rate - 2.5% to 2.6%
- Special VAT rate for accommodation – 3.7% to 3.8%
This is being implemented to try to raise funds to cover the pension deficit caused by the ‘baby boomer’ generation.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.
LATEST NEWS
Netherlands increases VAT rate on certain supplies...
From 1 January 2026 the Dutch government has confirmed (via its 2025 Tax Plan) a VAT rate increase from 9% to 21% on the following supplies: Cultural and...
SEE MORE
LATEST NEWS
Update: Ukraine changes proposals to end import VAT...
Ukraine is now proposing to end VAT exemptions on the import of low value goods into the country. If accepted this will mean all imports regardless of value...
SEE MORE
LATEST NEWS
Foreign providers liable to register and collect VAT...
During September 2024, the Federal Democratic Republic of Ethiopia introduced VAT on the sale of digital services by non-resident providers to local consumers...
SEE MORE