Increase in Swiss VAT rates as from the 1st of January 2024

To cover an expected deficit in the AHV state pension scheme, Swiss VAT rates will increase as follows:

The increase in VAT rates will take effect on 1 January 2024. We expect the FTA to publish guidance on its website before the new VAT rates come into force, explaining how the new rates are to be applied to supplies and invoices spanning the changeover period.

Source Mihaela Merz