- The Swiss Federal Council has confirmed upcoming changes to the VAT law, effective from 1 January 2025
- Changes include additions to VAT exempt without credit supplies and modifications to VAT rates
- Extension to scope of VAT exempt without credit supplies in the health sector
- Criteria for qualifying medical care and treatments as VAT exempt without credit supplies to be extended
- Care coordination services to be included in VAT exemption criteria
- Supplies provided by social welfare and social security institutions to be VAT exempt without credit
- Change in VAT rate for menstrual hygiene products from 8.1% to 2.6% from 1 January 2025
- Companies may need to consider opting for VAT or exemption based on the changes in the law.
Source: taxathand.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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