31 October 2017
Switzerland has now amended their VAT law to state that, from 1 January 2018, 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 when 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.
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