- From 1 January 2028, Switzerland will raise the standard VAT rate from 8.1% to 8.6% and the hotel accommodation rate by 0.3 percentage points.
- The reduced VAT rate of 2.6% for food, medicines, and essentials will remain unchanged.
- Retailers should prepare for VAT rate changes by updating pricing, contracts, tax engines, and ERP systems.
- Switzerland will still have one of Europe’s lowest standard VAT rates, but businesses must manage the combined impact of the 2028 changes.
Source: fiscal-requirements.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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