- The Swiss Federal Department of Finance adjusts tax rates and deductions for 2026 to counteract cold progression effects.
- Inflation since the last adjustment is 0.1 percent, measured by the national consumer price index.
- Changes include increased tax-free amounts for firefighting pay and gambling winnings.
- No changes in deductions due to low inflation, except for car travel costs, which will now follow the Touring Club Switzerland’s kilometer price.
- The car travel deduction increases to 75 cents per kilometer.
Source: news.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.
Latest Posts in "Switzerland"
- Online Adjustment of VAT Reporting Modalities Now Available, Eliminating Need for Mail or Email
- Deadline Extension for VAT Return Submission Now Available Online via ePortal Service
- Temporary Extension of Reduced VAT Rate for Hospitality Sector: Consultation Launched by Swiss Government
- Swiss CSP-Account to be Replaced by GP-ID as Part of Customs Modernization (Passar 2.0)
- VAT Place of Supply: Offshore Companies Controlled by Swiss Persons Deemed Swiss Supply