VAT News

Swiss VAT Update - Rates change

The Switzerland VAT rate is set to revert on 1 January 2018 to 7.7% (from 8%). The special rate will also reduce to 3.7% (from 3.8%) and the reduced rate will remain the same at 2.5%. 

In addition to the change in VAT rates, the revised VAT law will also enter into force on 1 January 2018, although the extension of the obligation to VAT register for online goods traders has been postponed to 1 January 2019.

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