- Switzerland is considering raising its standard VAT rate to 8.5%
- The proposed increase would be 0.4%
- This would be the second increase, with the first one occurring on January 1, 2024
- The previous increase raised the standard rate from 7.7% to 8.1%
Source: easytax.co
Global Upcoming VAT Rate changes – Chronological, click HERE
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.