On 17 December 2021, both the National Council and the Council of States voted in favor of an increase of the VAT rate. This decision was part of the reformation of the Swiss pension system, the so called “AHV 21” / “AVS 21”.
According to the Swiss Parliament the above measures alone do not cover the full deficit calculated for the period between 2022–2030, therefore an increase of the VAT rates is envisaged which should help to cover the open deficit:
| As of 1.1.2021 | Adjustment | Adjusted rates | |
| Standard rate | 7.7% | + 0.4% | 8.1% |
| Reduced rate | 2.5% | + 0.1% | 2.6% |
| Sepcial rate for accommodation | 3.7% | + 0.1% | 3.8% |
Source KPMG
