- Swiss Federal Council released the 2026 draft budget on August 20
- Includes integrated tasks and financial plan for 2027 to 2029
- Proposes a 0.5 percent increase in the standard VAT rate from 2027
- Other VAT rates will increase proportionally
- Additional 0.5 percent increase if the cap on married couples’ pensions is lifted
Source: news.bloombergtax.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.
Latest Posts in "Switzerland"
- VAT Treatment of Employee Gifts in Switzerland: 3 Key Points
- Understanding VAT Implications of Subsidies Post-Swiss VAT Law Revision Effective January 2025
- Federal Council Proposes Eight-Year Extension of Special VAT Rate for Hotel Industry
- Swiss Consultation on Extending 3.8% VAT Rate for Hotels to 2035 Launched
- Court Rules Operating Company Liable for VAT on Prostitutes’ Services; Orders New Turnover Estimate
