- Flat-rate tax method changes effective January 1, 2025
- Corrections needed when switching between flat-rate and effective accounting methods
- ESTV reviewed and redefined individual balance and flat-rate tax rates
- Special procedures for export deliveries, crediting of fictitious input tax, and margin taxation no longer apply
- Activities requiring additional flat-rate tax can be declared in VAT return
- Submit request to switch from flat-rate to effective accounting method by February 28, 2025
- Submit flat-rate tax method declaration to switch from effective to flat-rate method
- Draft on VAT practice for flat-rate tax method published, comment deadline December 16, 2024
Source: estv.admin.ch
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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