Latest news from Switzerland

REMINDER: Switzerland scraps low-value VAT exemption on e-commerce imports

From 1 January 2019, the Swiss government has removed its low-value import VAT exemption on goods bought from foreign suppliers. Previously, the threshold for the exemption was set at CHF 62.50 (approx. £50) for most goods and allowed importers to purchase goods VAT free from non-resident companies below this amount. However, in an effort to… Read More

Switzerland to scrap low-value VAT exemption on e-commerce imports

From 1 January 2019, the Swiss government will remove the low-value import VAT exemption on goods bought from foreign suppliers. Currently, the threshold for the exemption is set at CHf 62.50 for most goods and allows importers to purchase goods VAT free from non-resident companies up until this amount. However, in an effort to remove… Read More

REMINDER: Switzerland standard rate VAT decreased to 7.7%

From the 1 January 2018, the Swiss VAT rate decreased from 8% to 7.7%. There was no change to the super reduced VAT rate that remained at 2.5%, however the special reduced VAT rate for hotel accommodation fell from 3.8% to 3.7%.