Swiss VAT Rate Update: Changes Effective 01.01.2024

As of January 1, 2024, Switzerland will implement new VAT rates:

• 8.1% as the standard rate,
• 2.6% for the lower rate, and
• a specific 3.8% rate for accommodation services.

Understanding and applying these changes correctly is vital for businesses engaged in Swiss markets.

Determining the correct VAT rate can be challenging, as it depends on the time the supply is performed. If you're unsure how these changes affect your business or need guidance in adapting your VAT processes, our VAT team is here to assist.

Questions or need help with your VAT processes?

Need clarity on the upcoming Swiss VAT changes? Our expert team is ready to tackle your VAT challenges head-on. From addressing your questions to handling your Swiss VAT reporting, we're your comprehensive solution.

Connect with us easily – just fill out the form below. Let's make VAT compliance straightforward and boost your business together. ⬇