- VAT rates in Switzerland will increase from January 1, 2024
- Normal rate will increase from 7.7% to 8.1%
- Reduced rate will increase from 2.5% to 2.6%
- Special rate for accommodation services will increase from 3.7% to 3.8%
- Reduced rate applies to certain categories of goods and services, including food, animals and agricultural products, medical sector, printed products, electronic products, and media services
- These changes are part of the AVS 21 reform
- Source: Federal Tax Administration
Source: asd-int.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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