12.22.22
Confirmation of new tax rates
Tungsten has previously communicated on the upcoming proposed Swiss VAT rate increases expected in 2024.
Switzerland has now confirmed new VAT rates in the country in line with the following:
Normal rate 7.7% to 8.1%
Reduced rate: 2.5% to 2.6%
Special rate for accommodation services: 3.7% to 3.8%
These will be effective from 1 January 2024.
Switzerland is a compliant territory for Tungsten, and we will support the new rates in the country once effective.
Compliance is complicated
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Browse Switzerland updates
Electronic process for VAT registrations and VAT returns
- Country updates
Further guidance on new VAT rates
- Country updates
VAT return modifications to accommodate new tax rates
- Country updates
Revised VAT rates – further guidelines
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Confirmation of new tax rates
- VAT/G(S)ST rate information
VAT rate increase
- VAT/G(S)ST rate information
Proposed VAT rate increase
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Anticipated increase in VAT rates
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