28 September 2017
The Swiss VAT rate will decrease from 8% to 7.7% From 1 January 2018.
On 24 September 2017 the Swiss population voted to reject a proposal to raise the VAT rate to 8.6% in order to support pension reforms in the country. As a result of this rejection it now means that the previously scheduled VAT reduction to 7.7% will go ahead in its place.
There will be no change to the reduced VAT rate of 2.5% but the special reduced VAT rate on hotels will also fall from 3.8% to 3.7%.
LATEST NEWS
Belgium to cut e-book VAT rate from 1 January 2022
From 1 January 2022, the Belgium tax authorities have confirmed that the VAT rate on the sale of e-books, e-manuals, e-newspapers, and e-magazines sold online...
SEE MORE
LATEST NEWS
Ukraine to apply VAT on digital services from January...
From 1 January 2022, Ukraine will impose VAT at 20% on the sale of e-services to local consumers by non-resident businesses. At present, non-resident...
SEE MORE
LATEST NEWS
Does a UK e-commerce business need an IOSS...
From 1 July 2021, the EU’s new e-commerce VAT reforms will be introduced allowing sellers to no longer pay import VAT at clearance on low-value consignments...
SEE MORE