31 October 2024
During October, the Swiss tax authorities approved an increase to the standard VAT rate from 8.1% to 8.8%.
This increase is expected to be implemented in 2026, and it is hoped that it will bring in a further CHF 4.2 billion, which will help to cover the pension deficit caused by a national referendum vote to increase state pensions.
Switzerland raised its standard VAT rate on 1 January 2024 from 7.7% to 8.1%.
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.
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