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.

Related articles

Portugal Tax Authorities Clarify That Buying & Selling Cryptocurrency Is Tax-Free

The Portuguese Tax & Customs Authority (PTA) have announced the buying or selling cryptocurrency in Portugal is a tax-free transaction.

Read more
Domestic Reverse Charge For Construction Sector Delayed

HMRC has announced a delay to the introduction of the VAT Domestic Reverse Charge for construction businesses after a coalition of trade bodies and organisations highlighted its potentially damaging consequences.

Read more
Significant Changes to Polish VAT System

Discover a comprehensive review of the implemented and upcoming changes to the Polish VAT system.

Read more