- Switzerland’s Parliament approved higher VAT rates to fund the new 13th old-age pension (AHV) payment.
- The standard VAT rate would rise from 8.1% to 8.5%, and the accommodation rate from 3.8% to 4.0%; the reduced rate stays at 2.6%.
- Funding will come entirely from VAT, not payroll contributions.
- A constitutional amendment means a mandatory referendum is expected in November 2026.
- If voters approve, the new rates would take effect in 2028.
Source: marosavat.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 Assessment for Closely Related Services and Vehicle Private Use After Limitation Period
- Swiss Supreme Court Rejects VAT Exemption for Captive Reinsurer Support Payments
- No Direct Appeal: Import Tax on Diesel Subject to Mineral Oil Tax Rules
- VAT Input Tax Adjustment Dispute Over Holding Company Dividend Investments Dismissed
- VAT Input Tax Deduction for Zurich Airport Fees Denied in Part
