- Switzerland has approved a VAT reform effective from 1 January 2025
- Key changes include a new voluntary balance and flat-rate tax method for VAT flat rate scheme taxpayers
- Input tax corrections will be required when changing accounting methods
- Digital platforms will have new tax collection obligations and be responsible for VAT on sales facilitated through their interfaces
- Remote services will be taxed at the recipient’s location
- Certain medical and educational services will be exempt from VAT
- Electronic filing will become mandatory for certain tax schemes from 1 January 2027
Source: regfollower.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.
