Latest news from Switzerland

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%.

UPDATE: New liability for non-resident suppliers to register for Swiss VAT

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… Read More

Swiss e-book VAT reduced to 2.5%

From 1 January 2018, the Swiss government will reduce the VAT rate on e-books from 8% to 2.5%. This will bring the VAT rate of electronic books in line with that of printed books in the country. The rate change will coincide with the standard VAT rate reduction from 8% to 7.7%, which was announced… Read More