The Swiss Federal Tax Administration has announced a reduction in the interest rates for federal taxes with effect from 1 January 2025. The interest rates will be as follows:
- Interest rate on tax arrears, refunds, and conditional payment obligations – 4.5% (down from 4.75% in 2024)
- Interest rate on voluntary advance payments – 0.75% (down from 1.25% in 2024)
The interest rates concern VAT, direct federal tax, withholding tax, tobacco tax, beer tax, motor vehicle tax, mineral oil tax, tax on distilled beverages, customs duties, stamp duties, and the heavy goods vehicle traffic charge linked to services.
Source Orbitax
